Swedish ICA stores announces sales increased by 1.1% in August 2016 vs. same month last year

Solna, Sweden, 2016-Sep-08 — /EPR Retail News/ — Sales in the Swedish ICA stores increased by 1.1% in August 2016 compared with the corresponding month last year. Sales in like-for-like stores increased by 0.8%.

August 2016 January – August 2016
Store sales, excl. VAT SEKm Change all
stores
Change
like-for-like
SEKm Change all
stores
Change
like-for-like
Maxi ICA Stormarknad 2,846 2.1% 1.8% 22,322 3.4% 2.6%
ICA Kvantum         2,288 2.4% 1.9% 17,785 2.8% 2.4%
ICA Supermarket 2,912 -0.1% -0.4% 22,507 2.2% 2.1%
ICA Nära         1,489 -0.1% -0.2% 11,273 3.1% 3.4%
Total 9,535 1.1% 0.8% 73,887 2.8% 2.5%

In August 2016, sales in the Swedish ICA stores totalled SEK 9,535 million excluding VAT, which is an increase of 1.1% compared with the same month in the previous year. Sales in January-August 2016 amounted to SEK 73,887 million, an increase of 2.8% compared with the previous year.

ICA Gruppen estimates the calendar effect for August to be -0.2%.

At 31 August 2016, the number of ICA stores in Sweden was 1,295. Store sales for September will be published on 10 October 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.

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 time 08:45 on Thursday September 8, 2016.

For more information:
ICA Gruppen press service
Telephone number: +46 10 422 52 52

Source: ICA Gruppen