January 1- September 30, 2009 - Group revenues amounted to SEK 1,372 M (861). This represents an increase of 59.3% compared with the same period in 2008. The increase is mainly due to acquired operations. - Operating profit in the Group amounted to SEK 215 M (424). Profit after net financial items amounted to SEK 429 M (179). - Profit for the period amounted to SEK 470 M (180). Earnings per share amounted to SEK 3.06 (1.21) before and after dilution. - The ICA Group's revenues increased by 4.8%. Operating profit amounted to SEK 1,784 M (1,602). July 1- September 30, 2009 - Group revenues amounted to SEK 702 M (277). The increase is mainly due to acquired operations. - Operating profit in the Group amounted to SEK 143 M (203). Profit after net financial items amounted to SEK 168 M (91). - Profit for the period amounted to SEK 188 M (89). Earnings per share amounted to SEK 1.28 (0.57). - The ICA Group's revenues increased by 3.0%. Operating profit amounted to SEK 936 M (683). President Claes-Göran Sylvén's comments: "Summing up the first nine months of this year, I note that we have a continued stable development. We are now approaching the Christmas trading period which is the most important time of the year for many of our holdings. It is gratifying that ICA continues to develop well. ICA Sweden's price campaigns and cost-cutting measures have had a positive impact. ICA Norway's continued reprofiling of the Rimi stores is proceeding according to plan, and Rimi Baltic continues to capture market shares in a generally weak market", said Claes-Göran Sylvén. "Taken as a whole my assessment is that the Group and our portfolio companies are well equipped ahead of the important year-end season but still with respect for a difficult market climate. I feel a cautious optimism about the market but without counting on too much", Claes-Göran Sylvén continues. Press and analyst meeting At 10.30 CET on Wednesday, November 4, 2009, Hakon Invest will hold a press and analyst meeting in Salén Konferens at Norrlandsgatan 15 in Stockholm. Notify attendance at ir@hakoninvest.se. For further information, please contact President and CEO Claes-Göran Sylvén +46 8 55 33 99 64 CFO Göran Blomberg +46 8 55 33 99 99 Head of IR Pernilla Grennfelt +46 8 55 33 99 55 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
Interim report January - September 2009
| Source: ICA Gruppen AB