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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 CEO: IKI acquisition possibly delayed to Q2 from Q1
Thursday, 8 Feb 2018 04:56am EST 

Feb 8 (Reuters) - ICA Gruppen AB CEO Per Stromberg in a conference call with analysts and media ::SAYS FINALISATION OF ACQUISITION OF IKI IN LITHUANIA MAY BE DELAYED TO Q2 FROM EARLIER EXPECTED Q1.  Full Article

ICA Gruppen CEO: Investment in new warehouse for online is fairly limited
Thursday, 8 Feb 2018 02:00am EST 

Feb 8 (Reuters) - ICA Gruppen AB CEO Per Stromberg::ICA GRUPPEN CEO SEES CONTINUED TOUGH COMPETITION IN SWEDISH GROCERY RETAIL MARKET 2018 FROM NEW ONLINE PLAYERS AND CUT-PRICE RIVALS.ICA GRUPPEN CEO SAYS GOTHENBURG, MALMO REGIONS NEXT IN LINE FOR ONLINE BUSINESS DEDICATED WAREHOUSES BUT NO DECISIONS INKED YET.ICA GRUPPEN CEO SEES 300-350 ICA STORES OFFERING ONLINE SHOPPING LONGER-TERM VERSUS. AROUND 200 OUT OF 1,300 CURRENTLY.ICA GRUPPEN CEO SAYS INVESTMENT IN NEW ONLINE BUSINESS WAREHOUSE IN STOCKHOLM IS REALTIVELY LIMITED AS WILL RENT THE WAREHOUSE.  Full Article

Ica Gruppen says sales up 2.8 pct in Jan vs year earlier
Thursday, 8 Feb 2018 01:05am EST 

Feb 8 (Reuters) - Ica Gruppen AB ::ICA GRUPPEN SAYS ‍SALES IN ICA STORES INCREASED BY 2.8% IN JANUARY 2018 COMPARED WITH CORRESPONDING MONTH LAST YEAR​.ICA GRUPPEN SAYS ‍SALES IN LIKE-FOR-LIKE STORES INCREASED BY 2.4%.​.  Full Article

ICA Gruppen December sales up 4.3 pct yr/yr ​
Wednesday, 10 Jan 2018 02:45am EST 

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 01:15am EST 

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 01:00am EST 

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 02:45am EST 

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 01:00am EST 

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 02:45am EST 

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

ICA Gruppen proposes to sell 17 stores in Lithuania amid competition authority concerns
Tuesday, 3 Oct 2017 02:37am EDT 

Oct 3 (Reuters) - Ica Gruppen Ab :Ica gruppen proposes sale of 17 stores in the process with the lithuanian competition authority.ICA Gruppen, through its subsidiary Rimi Lithuania, signed an agreement in december 2016 to acquire UAB Palink, which runs the IKI retail chain, and awaits approval for the deal by the Lithuanian Competition Authority.The Authority has raised concerns about certain geographical areas and ICA Gruppen has therefore proposed a sale of 17 stores in Lithuania.A final decision from the Authority is expected before the end of October.  Full Article

BRIEF-ICA Gruppen CEO: IKI acquisition possibly delayed to Q2 from Q1

Feb 8 ICA Gruppen AB CEO Per Stromberg in a conference call with analysts and media :