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ICA AB Interim Report January – September 2007

Source: ICA AB
15/11/2007

Solna November 13, 2007 - Increased sales and improved operating income in the third quarter.

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Net sales during the third quarter amounted to SEK 20,697 million (17,093), an increase of 21.1 percent. Rimi Baltic’s net sales are consolidated as of this year. Excluding Rimi Baltic, the Group’s net sales were SEK 18,077 million, an increase of 5.8 percent.

Operating income for the third quarter increased to SEK 899 million (690), an increase of 30.3 percent.

Net income for the third quarter from continuing operations amounted to SEK 736 million (583), an increase of 26.2 percent.

Net sales during the nine-month period amounted to SEK 60,187 million (49,764), an increase of 20.9 percent. Rimi Baltic’s net sales are consolidated as of this year. Excluding Rimi Baltic, the Group’s net sales were SEK 52,447 million, an increase of 5.4 percent.

Operating income for the nine-month period decreased to SEK 1,840 million (1,939), a decrease of 5.1 percent.

Net income for the nine-month period from continuing operations amounted to SEK 1,568 million (1,575), a decrease of 0.4 percent.

 

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