January 1 - June 30, 2010 · Group revenues amounted to SEK 1,331 M (670). This represents an increase of 99% compared with the same period in 2009. The increase is mainly due to the acquisition of Hemtex. · Operating loss in the Group amounted to SEK 231 M (+72). Loss after net financial items was SEK 220 M (+261). Operating profit was affected by SEK -299 M relating to an increased tax expense in ICA and by SEK -163 M relating to Hemtex. · Loss for the period was SEK 178 M (+282). Earnings per share amounted to SEK -0.80 (1.78) before and after dilution. · The ICA Group's revenues decreased by 1.6%. Operating profit rose to SEK 1,266 M (848). April 1 - June 30, 2010 · Group revenues amounted to SEK 684 M (359). This represents an increase of 91% compared with the same period in 2009. The increase is mainly due to the acquisition of Hemtex. · Operating loss in the Group amounted to SEK 227 M (+104). Loss after net financial items was SEK 238 M (+296). Operating profit was affected by SEK -299 M relating to an increased tax expense in ICA and by SEK -63 M relating to Hemtex. · Loss for the period was SEK 227 M (+300). Earnings per share amounted to SEK -1.28 (1.88) before and after dilution. · The ICA Group's revenues decreased by 3.7%. Operating profit rose to SEK 646 M (582). For further information, please contact President Claes-Göran Sylvén +46 8 55 33 99 64 CFO Göran Blomberg +46 8 55 33 99 99 Hakon Invest, which is listed on NASDAQ OMX 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 [HUG#1438386]
Interim report January - June 2010
| Source: ICA Gruppen AB
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