The ICA group makes lower profits.
The operating profit lands at SEK 2,109 million during the period May-August.
This is 724 million less than the same period last year.
Photo: Patrik C Österberg / IBL / Media image
Revenue, on the other hand, increased by 4.4 percent to SEK 48.6 billion.
Price investments and double bonus checks pressed profitability, according to CEO Nina Jönsson.
ICA Sweden, Apotek Hjärtat, ICA Real Estate and ICA Bank are part of the Group ICA Group. May-August 2024 made ICA a profit of SEK 2833 million. In total, the Group had sales of approximately SEK 157 billion last year.
