ICA Gruppen AB: ICA Gruppen Q2 Report 2015

Regulatory News:

Stable quarter

Second quarter of 2015 in summary

· Consolidated net sales amounted to SEK 25,542 million (22,223). Excluding acquisition effects, the increase was 4.3%

· Operating profit excluding non-recurring items was SEK 1,018 million (985). A net amount of SEK 61 million of the increase in operating profit was the effect of the acquisition of Apotek Hjärtat. This result includes costs of SEK 27 million related to the integration of Apotek Hjärtat

· Profit from continuing operations (ICA Gruppen excl. ICA Norway) amounted to SEK 786 million (1,145). The same period in the previous year included a capital gain from the divestment of Kjell & Company of SEK 440 million

· Earnings per share in continuing operations amounted to SEK 3.77 (5.40)

· Cash flow from continuing operating activities amounted to SEK 2,685 million (1,522)

· Earnings and cash flow for the period include a capital gain and payment from discontinued operations (ICA Norway) of SEK 1,2 billion and SEK 2.8 billion respectively. The same period in the previous year included a capital gain from the divestment of Kjell & Company of SEK 440 million

After the end of the quarter

· Early redemption of preference shares took place on 20 July 2015. The redemption amount was SEK 3,300 million

Comment from the CEO of ICA Gruppen, Per Strömberg:

"ICA Gruppen delivered a stable second quarter with increased market shares in Sweden, the Baltic countries and the pharmacy operations. After several quarters of major changes, focus now is to deliver on the projects and investments in future growth that we run in the Group on a broad front.”

Press and analyst meeting

ICA Gruppen will arrange a press and analyst meeting on Wednesday 19 August 2015 at 10:00 CET at Tändstickspalatset, Västra Trädgårdsgatan 15, Stockholm. CEO Per Strömberg and CFO Sven Lindskog will present the interim report.

The press and analyst meeting will be available as a live webcast and can be viewed at http://www.icagruppen.se/en/investors.

To attend the telephone conference: +44 20 3428 1436

A recorded version of the webcast will be available on the company’s website afterwards. The presentation will be held in English.

For further information please contact:

Frans Benson VP Investor Relations: +46 8 561 50 020

Report dates 2015

For more information

ICA Gruppen press service, Telephone number: +46 10 422 52 52

ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 07.00 CET on Wednesday, August 19, 2015

ICA Gruppen AB (publ) is a leading retail company with a focus on food and health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct grocery retail, ICA Real Estate which owns and manages properties, ICA Bank which offers financial services and Apotek Hjärtat which conducts pharmacy operations. The Group also includes the wholly owned portfolio company inkClub and the partly owned portfolio company Hemtex. For more information see icagruppen.se

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