Solna, Sweden, 2016-May-16 — /EPR Retail News/ — Sales in the Swedish ICA stores decreased by 0.8% in April 2016 compared with the corresponding month last year. Sales in like-for-like stores decreased by 1.1%.
April 2016 | January – April 2016 | |||||
Store sales, excl. VAT | SEKm | Change all stores |
Change like-for-like |
SEKm | Change all stores |
Change like-for-like |
Maxi ICA Stormarknad | 2,707 | -0.4% | -1.4% | 10,734 | 4.8% | 3.5% |
ICA Kvantum | 2,186 | -1.0% | -1.2% | 8,650 | 3.6% | 3.3% |
ICA Supermarket | 2,682 | -1.1% | -1.1% | 10,700 | 2.5% | 2.5% |
ICA Nära | 1,317 | -0.4% | -0.2% | 5,205 | 3.1% | 3.5% |
Total | 8,893 | -0.8% | -1.1% | 35,289 | 3.5% | 3.2% |
In April 2016, sales in the Swedish ICA stores totalled SEK 8,893 million excluding VAT, which is a decrease of 0.8% compared with the same month in the previous year. Sales in January-April 2016 amounted to SEK 35,289 million, an increase of 3.5% compared with the previous year.
ICA Gruppen estimates the calendar effect for April to be -2.5%.
At 30 April 2016, the number of ICA stores in Sweden was 1,301. Store sales for May will be published on 9 June 2016 at 08.45 CET.
To see all publication dates in 2016, please visit ICA Gruppen’s website http://www.icagruppen.se/en/investors/calendar.
For more information
ICA Gruppen press service, Telephone number: +46 10 422 52 52
ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08:45 CET on Tuesday, 10 May, 2016.