ICA Gruppen AB operates in the Grocery stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ICA Gruppen AB with three other
supermarkets and grocery stores in Europe:
Co-Operative Group Ltd
of UNITED KINGDOM
sales of £10.86 billion [US$14.20 billion]
Etablissements Fr. Colruyt SA
(9.43 billion Euros [US$11.10 billion]
of which 82%
was Retail), and
based in FINLAND
(10.72 billion Euros [US$12.61 billion]
of which 50%
was Food trade).
ICA Gruppen AB reported sales of SEK 119.30 billion (US$13.63 billion)
December of 2019.
increase of 3.4%
versus 2018, when the company's sales were SEK 115.35 billion.
Sales at ICA Gruppen AB have increased during each of the previous five years
(and since 2014, sales have increased a total of 37%).
Sales of Ica Bank saw an increase
that was more than double the company's growth rate: sales were up
16.6% in 2019, from
SEK 1.31 billion to SEK 1.53 billion.
ICA Gruppen AB also saw significant increases in sales in
Rimi Baltic (up 6.0% to SEK 16.17 billion)
Apotek Hajartat (up 4.7% to SEK 14.78 billion)
Ica Real Estate (up 6.6% to SEK 1.51 billion)
Other (up 16.4% to SEK 71.00 million)
Not all segments of ICA Gruppen AB experienced an increase in sales in 2019:
sales of Hemtex fell 70.1% to SEK 305.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).