Swedish ICA stores report decreased sales by 0.8% in April 2016

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.