Swedish retailer ICA Gruppen has reported a 42% growth in online sales for its ICA supermarket banner in financial year 2018. Online sales in its pharmacy chain Apotek Hjärtat’s grew by 55%.
The retail group’s EBIT for the financial year amounted to SEK 4.65 billion (€440 million) with an operating margin of 4%. “We are securing our strong positions in the grocery retail and pharmacy markets and, in the meantime, digitalisation is providing us with new opportunities for synergies and cooperation within the Group. We are presenting good earnings growth overall.’
