Interim report January - June 2010

Interim report January - June 2010

ID: 39769

(Thomson Reuters ONE) -


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:
http://hugin.info/135965/R/1438386/383073.pdf




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originality of the information contained therein.
All reproduction for further distribution is prohibited.

Source: Hakon Invest AB via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 18.08.2010 - 08:02 Uhr
Sprache: Deutsch
News-ID 39769
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