ICA Gruppen AB (ICAA.ST)
Wed, May 2 2018
* SAYS WILL USE COMPANY'S E-COMMERCE PLATFORM AND TECHNOLOGY FOR HIGHLY AUTOMATED E-COMMERCE PICKING WAREHOUSES
* Q1 CONSOLIDATED NET SALES AMOUNTED TO SEK 27,181 MILLION (25,703), AN INCREASE OF 5.8%
* LITHUANIAN COMPETITION AUTHORITY BLOCKS RIMI BALTIC'S ACQUISITION OF UAB PALINK (IKI)
* SAYS SALES IN ICA STORES INCREASED BY 9.8% IN MARCH 2018 COMPARED WITH CORRESPONDING MONTH LAST YEAR
Feb 8 ICA Gruppen AB CEO Per Stromberg in a conference call with analysts and media :
* ICA GRUPPEN CEO SEES CONTINUED TOUGH COMPETITION IN SWEDISH GROCERY RETAIL MARKET 2018 FROM NEW ONLINE PLAYERS AND CUT-PRICE RIVALS
STOCKHOLM, Feb 8 Sweden's biggest grocery retailer, ICA Gruppen, posted on Thursday a quarterly profit that matched expectations and said it would start up a first central picking warehouse for its online business in the third quarter at the latest.
* ICA GRUPPEN SAYS SALES IN ICA STORES INCREASED BY 4.3% IN DECEMBER 2017 COMPARED WITH CORRESPONDING MONTH YEAR BEFORE
Dec 14 Up to a tenth of food shopping in Sweden will probably have moved online in 3-5 years' time, from 2 percent currently, the head of Sweden's biggest food retailer ICA Gruppen said on Thursday.
* ICA GRUPPEN SAYS CAPITAL EXPENDITURES IN 2018 ARE ESTIMATED TO BE SEK 3.5 BILLION