Swedish ICA stores announces 2.9% sales increase in November 2016 vs. same month last year

Solna, Sweden, 2016-Dec-09 — /EPR Retail News/ — Sales in the Swedish ICA stores increased by 2.9% in November 2016 compared with the corresponding month last year. Sales in like-for-like stores increased by 2.4%.

November 2016 January – November 2016
Store sales, excl. VAT SEKm Change all stores Change
like-for-like
SEKm Change all stores Change
like-for-like
Maxi ICA Stormarknad 2,728 2.5% 2.5% 30,362 2.9% 2.3%
ICA Kvantum 2,173 3.3% 2.2% 24,265 2.4% 2.0%
ICA Supermarket 2,682 2.8% 2.2% 30,596 1.9% 1.7%
ICA Nära 1,287 3.0% 2.7% 15,214 2.8% 3.0%
Total 8,870 2.9% 2.4% 100,437 2.5% 2.1%

In November 2016, sales in the Swedish ICA stores totalled SEK 8,870 million excluding VAT, which is an increase of 2.9% compared with the same month in the previous year. Sales in January-November 2016 amounted to SEK 100,437 million, an increase of 2.5% compared with the previous year.

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

At 30 November 2016, the number of ICA stores in Sweden was 1,297. Store sales for December will be published on 10 January 2017 at 08.45 CET.

To see all publication dates in 2017, please visit ICA Gruppen’s website http://www.icagruppen.se/en/investors/calendar.

This information is such that ICA Gruppen AB is obligated to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication at time 08:45 on Thursday December 8, 2016.

Contact:

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

Source: ICA Gruppen