Swedish ICA stores announces 3.0% sales increase in September 2016 vs. same month last year

Solna, Sweden, 2016-Oct-10 — /EPR Retail News/ — Sales in the Swedish ICA stores increased by 3.0% in September 2016 compared with the corresponding month last year. Sales in like-for-like stores increased by 2.6%.

September 2016 January – September 2016
Store sales, excl. VAT SEKm Change all
stores
Change
like-for-like
SEKm Change all
stores
Change
like-for-like
Maxi ICA Stormarknad 2,617 3.2% 2.8% 24,939 3.4% 2.6%
ICA Kvantum 2,123 2.8% 2.2% 19,908 2.8% 2.4%
ICA Supermarket 2,686 2.6% 2.3% 25,193 2.2% 2.1%
ICA Nära 1,331 3.7% 3.7% 12,604 3.2% 3.5%
Total 8,757 3.0% 2.6% 82,645 2.8% 2.5%

In September 2016, sales in the Swedish ICA stores totalled SEK 8,757 million excluding VAT, which is an increase of 3.0% compared with the same month in the previous year. Sales in January-September 2016 amounted to SEK 82,645 million, an increase of 2.8% compared with the previous year.

ICA Gruppen estimates the calendar effect for September to be +1.9%.

At 30 September 2016, the number of ICA stores in Sweden was 1,295. Store sales for October will be published on 8 November 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 Monday October 10, 2016

Contact:
ICA Gruppen press service
Telephone number: +46 10 422 52 52

Source: ICA Gruppen