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ICA Gruppen AB (ICAA.ST)

ICAA.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ica Gruppen says ICA store sales rose 1.6 pct in September
Monday, 8 Oct 2018 

Oct 8 (Reuters) - ICA Gruppen AB ::SAYS SALES IN ICA STORES INCREASED BY 1.6 PCT IN SEPTEMBER 2018 COMPARED WITH CORRESPONDING MONTH LAST YEAR.ICA GRUPPEN SAYS SALES IN LIKE-FOR-LIKE STORES INCREASED BY 1.0 PCT.  Full Article

ICA Gruppen Q2 EBIT down more than expected to 951 mln SEK
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - ICA Gruppen AB ::Q2 - OPERATING PROFIT EXCLUDING ITEMS AFFECTING COMPARABILITY WAS SEK 1,041 MILLION (1,094).Q2 NET SALES SEK 29,258 BILLION (REUTERS POLL SEK 28.92 BILLION).SAYS ICA SWEDEN SHOWED WEAK EARNINGS IN Q2, WHERE FAVOURABLE SALES PERFORMANCE WAS NOT REFLECTED IN OPERATING PROFIT. TARGETED MEASURES ARE ON-GOING TO RESTORE PROFITABILITY.Q2 EBIT SEK 951 MILLION (REUTERS POLL SEK 1.04 BILLION).SAYS UNUSUALLY WARM WEATHER IN SWEDEN BENEFITED SALES IN Q2.SAYS HIGH VOLUME VARIATÍONS AND TRANSPORT COSTS HAVE PUSHED UP LOGISTICS COSTS AT ICA SWEDEN.SAYS WE SEE GOOD OPPORTUNITIES TO RETURN TO A SATISFACTORY PROFITABILITY LEVEL FOR ICA SWEDEN AND THEREBY REACH THE GROUP’S PROFITABILITY TARGET.SAYS IN TOTAL, ICA SWEDEN E-COMMERCE GREW 42% IN Q2 YEAR/YEAR.SAYS CORRECTIVE MEASURES TO RESTORE PROFITABILITY AT ICA SWEDEN INCLUDE IMPROVED COST EFFICIENCY IN LOGISTICS AND REDUCING ADMINISTRATIVE COSTS.  Full Article

ICA Store Sales Rise 4.3 Pct Yr/Yr In June
Monday, 9 Jul 2018 

July 9 (Reuters) - ICA Gruppen AB ::SAYS SALES IN ICA STORES INCREASED BY 4.3% IN JUNE 2018 COMPARED WITH CORRESPONDING MONTH LAST YEAR.SAYS SALES IN LIKE-FOR-LIKE STORES INCREASED BY 3.8%..SAYS IN JUNE 2018, SALES IN ICA STORES TOTALLED SEK 10,517 MILLION EXCLUDING VAT.  Full Article

Lithuanian Competition Authority blocks Rimi Baltic's acquisition of UAB Palink
Wednesday, 18 Apr 2018 

April 18 (Reuters) - ICA Gruppen AB ::LITHUANIAN COMPETITION AUTHORITY BLOCKS RIMI BALTIC'S ACQUISITION OF UAB PALINK (IKI).SAYS RIMI BALTIC WILL NOT BE ABLE TO COMPLETE OFFER FOR UAB PALINK.SAYS LITHUANIA CONTINUES TO BE AN IMPORTANT MARKET TO ICA GRUPPEN, AND WE WILL NOW GO BACK TO OUR EARLIER FOCUS ON ORGANIC GROWTH.  Full Article

ICA Gruppen December sales up 4.3 pct yr/yr ​
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Ica Gruppen Ab ::ICA GRUPPEN SAYS ‍SALES IN ICA STORES INCREASED BY 4.3% IN DECEMBER 2017 COMPARED WITH CORRESPONDING MONTH YEAR BEFORE​.ICA GRUPPEN SAYS ‍SALES IN LIKE-FOR-LIKE STORES INCREASED BY 3.6%​.ICA GRUPPEN SAYS ‍ESTIMATES CALENDAR EFFECT FOR DECEMBER TO BE -0.4%​.  Full Article

ICA Gruppen sees capital expenditure of 3.5 bln SEK in 2018
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Ica Gruppen Ab ::ICA GRUPPEN SAYS ‍CAPITAL EXPENDITURES IN 2018 ARE ESTIMATED TO BE SEK 3.5 BILLION​.ICA GRUPPEN SAYS ‍INVESTMENTS IN 2017 ARE EXPECTED TO BE SLIGHTLY LOWER THAN ESTIMATE PREVIOUSLY COMMUNICATED BY ICA GRUPPEN, TOTALLING APPROXIMATELY SEK 3 BILLION BY YEAR-END​.ICA GRUPPEN SAYS ‍DURING 2018 STORE ESTABLISHMENTS ARE EXPECTED TO REMAIN AT ROUGHLY SAME LEVEL AS THIS YEAR​.  Full Article

ICA Gruppen says automation, delivery offerings among strategic priorities 2018
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Ica Gruppen Ab ::ICA GRUPPEN'S STRATEGIC PRIORITIES 2018.ICA GRUPPEN SAYS ‍BUILD LEADING OMNI-CHANNEL AND LAST MILE OFFERINGS ACROSS BUSINESSES AND PLATFORMS IN ONE SHORT-TERM STRATEGIC PRIORITY​.ICA GRUPPEN SAYS ‍IMPROVE DEVELOPMENT PACE AND EFFICIENCY THROUGH NEW WAYS OF WORKING AND AUTOMATION IS ANOTHER SHORT-TERM STRATEGIC PRIORITY ​.  Full Article

Sales in Ica stores increased by 3.5 pct in November ​
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Ica Gruppen ::SAYS ‍SALES IN ICA STORES INCREASED BY 3.5% IN NOVEMBER 2017​.SAYS ‍SALES IN LIKE-FOR-LIKE STORES INCREASED BY 2.8%​.  Full Article

Ica Q3 core profit roughly matches forecasts​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Ica Gruppen :Q3 ‍consolidated net sales amounted to SEK 26,428 million (25,752), an increase of 2.6%​.Q3 ‍operating profit excluding non-recurring items totalled SEK 1,380 million (1,376)​.Reuters poll: ICA q3 adjusted operating profit was seen at SEK 1,364 million, sales seen at 26,404 million.  Full Article

Ica says like-for-like sales in Swedish stores up 2.6 pct in Oct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Ica Gruppen :Says ‍sales in Swedish Ica stores increased by 3.4% in October 2017 compared with corresponding month last year​.Says ‍sales in like-for-like stores increased by 2.6%.Says estimates the calendar effect for October to be -0.5%​.  Full Article

UPDATE 2-Ocado says partner Kroger making progress on picking U.S. sites

* Shares rise as much as 4.8 pct (Adds detail, finance chief, analyst comment, shares)