Good sales development and strong earnings for ICA Sweden

For ICA Sweden, 2019 was distinguished by a high level of activity. Development continued during the year of both the physical store network and the digital customer offering. Significant investments were also made in the assortment, logistics and ICA Sweden’s organisational structure. ­Altogether the investments contributed to good sales growth and strong earnings development.

About ICA Sweden

With 1,270 stores and a market share of around 36%1 (for 2018), ICA Sweden is the leading grocery retail operator in the country. The independent ICA retailers own and operate their own stores, but have agreements with ICA Sweden in areas such as common sourcing, logistics, market communication and store development.

1 For a definition of market share, see page 35 in Annual Report 2019.

85187 SEK m

Net sales 2019

3712 SEK m

Operating profit 2019*

4.4 %

Operating margin 2019*

*Excluding items affecting comparability