ICA sells property in NorwayICA Eiendom AS has sold the Sjølyst Arken property, west of Oslo, to Klaveness Eiendom AS. The sale will have a positive effect on ICA's operating profit in the amount of approximately NOK 90 M in 2007. The buyer will take over the property on February 1, 2007.The effect in the accounts on earnings for Hakon Invest, which owns 40 percent of ICA AB, taking into account the reported surplus value, is approximately SEK 26 M. For further information, contact:CFO Göran Hesseborn +46 (0)8-553 399 99 Head of Investor RelationsPernilla Linger+46 (0)8-55 339 955Hakon Invest, which is listed on the Nordic Exchange, Large Cap, conducts active and long-term investment operations in retail-oriented companies in the Nordic region. Hakon Invest owns 40% of ICA AB, the Nordic region's leading retail company with focus on food. In addition, Hakon Invest has holdings in Forma Publishing Group, Kjell & Company, Hemma and Cervera. Further information about Hakon Invest is available at www.hakoninvest.se.Attachment: Press release (pdf)Text version / Internet version / Print / Close
ICA sells property in Norway
| Source: ICA Gruppen AB