Interim Report January - September 2008



January 1 - September 30, 2008

- Group revenues amounted to SEK 861 M (735). This represents an
increase of 17.1% compared with the same period in 2007. The increase
is mainly due to acquired operations.
- Operating profit in the Group, including share of profits of ICA
AB, amounted to SEK 424 M (536).
- Net financial items amounted to SEK -245 M (145).
- Profit for the period amounted to SEK 180 M (1,012). The
comparative figure includes positive income tax of SEK 350 M.
Earnings per share amounted to SEK 1.21 (6.31) before and after
dilution.
- The ICA Group's revenues increased by 11.0%. Operating profit
amounted to SEK 1,602 M (1,840).

July 1 - September 30, 2008

- Group revenues amounted to SEK 277 M (308).
- Operating profit in the Group, including share of profits of ICA
AB, amounted to SEK 203 M (269).
- Net financial items amounted to SEK -112 M (-27).
- Profit for the period was SEK 89 M (241). Earnings per share
amounted to SEK 0.57 (1.50).
- The ICA Group's revenues increased by 10.0%. Operating profit
amounted to SEK 683 M (899).

President Claes-Göran Sylvén's comment: "As far as our portfolio
companies we are working so as to be well prepared for a less
favorable business climate. This includes being able to quickly adapt
the cost base should the market recede still further. On the other
hand, we feel optimistic ahead of the fourth quarter, the most
important quarter for the retail sector, on the basis of the
assessments we can make as things stand today."

For further information, please contact:

President and CEO
Claes-Göran Sylvén
+46 8 55 33 99 64

CFO (leaving in November 2008)
Göran Hesseborn
+46 8 55 33 99 99

Acting CFO
Charlotte Hjorth
+46 8 55 33 99 10

Head of IR
Pernilla Linger
+46 8 55 33 99 55

Press and analyst meeting
At 10.30 CET on Wednesday, November 5, Hakon Invest will hold a press
and analyst meeting in Salén Konferens at Norrlandsgatan 15 in
Stockholm. Notify attendance at ir@hakoninvest.se. The press and
analyst meeting will be webcast and can be followed at
www.hakoninvest.se.

Hakon Invest, which is listed on the OMX Nordic Exchange in
Stockholm, conducts active and long-term investment operations in
retail-oriented companies in the Nordic and Baltic regions. Hakon
Invest owns 40% of ICA AB, one of the Nordic region's leading food
retail companies. Hakon Invest also has holdings in Forma Publishing
Group, Kjell & Company, Hemma, Cervera, inkClub and Hemtex. Further
information about Hakon Invest is available at www.hakoninvest.se

Attachments

081105 Hakon Invest PDF.pdf