Friday, August 21, 2015

Ica beats forecast – Private Business

Food Company Ica reported an EBIT at 1.065 billion crowns for the second quarter of 2015th

Analysts had expected an operating profit of 1012 million, according to SME Direkt compilation.

Revenue amounted to 25.542 billion crowns, against the anticipated 25.325 billion.

Do some pharmacies synergies by 2015

Formica integration work following the acquisition of Pharmacies heart goes according to plan. The company now sees that certain synergies will be realized already in 2015.

According to the interim report.

Ica has previously spoken of total cost synergies of approximately SEK 100 million from 2016 and 150 million crowns at full power 2019th

Before the summer, converted the first two Cura pharmacies to the new brand and the goal is that all Cura be converted before the end of the year, which is the same timetable Ica earlier communicated.

Aiming for 150 online shops connected

For ICA’s online offering had 48 ICA stores have joined the company’s platform just before the summer. According Ica is increasing the pace of roll-out and the company is aiming for around 150 stores at the end of the year.

According to the interim report.

Ica further state that the “relatively small group of stores” which has been running for more than two months, the online share of just over 1 percent.

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