ICA Gruppen AB
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ICA Gruppen AB - overview
Location
-, -, Sweden
Primary Industry
Retail
About
ICA Gruppen AB is a leading Swedish retail company focused on grocery sales, providing a wide range of fresh food and household products through both physical stores and online platforms. Founded in Sweden, ICA Gruppen AB operates primarily in the grocery sector, offering various products and services. The company has undergone strategic adjustments to enhance its operational efficiency and maintain market relevance. Currently, the headquarters is located in Stockholm, Sweden.
The leadership team includes CEO Eric Lundberg and key individuals such as Gael Trepy and Halil Incesoy, among others. ICA provides a vast selection of grocery products, including fresh produce, beverages, meat and dairy, frozen foods, and personal care items. Customers can shop both online and in stores, benefiting from services like home delivery and in-store pick-up. The company also implements various loyalty programs to encourage customer retention, solidifying its role in Sweden's grocery market.
In 2023, ICA Gruppen AB reported a revenue of USD 13,923. 47 mn with an EBITDA of USD 1,226. 23 mn, illustrating its strong financial performance fueled by direct consumer sales across its retail outlets and online platforms. ICA Gruppen AB plans to launch new product lines aimed at enhancing customer offerings in the coming year.
The company is also exploring expansion into additional regions within the Nordic countries by 2025. Recent funding will be allocated to these initiatives, though specific amounts and details are not disclosed.
Primary Industry
Retail
Sub Industries
Supermarkets & Grocery Stores
Website
www.ica.se
Verticals
E-commerce, Mobile Apps
Total Amount Raised
Subscriber access only
ICA Gruppen AB - timeline of key events
ICA Gruppen AB - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 93,860,000,000 | 2,498,000,000 | 2,726,000,000 | 77,702,000,000 | 87,174,000,000 | 101,221,000,000 | 103,655,000,000 | 106,455,000,000 | 115,354,000,000 | 119,295,000,000 | 126,283,000,000 | 127,957,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (97.3%) | 9.1% | 2750.4% | 12.2% | 16.1% | 2.4% | 2.7% | 8.4% | 3.4% | 5.9% | 1.3% | - | - | - |
| EBITDA (USD) | 4,529,000,000 | 365,000,000 | 322,000,000 | 11,561,000,000 | 5,434,000,000 | 6,134,000,000 | 6,019,000,000 | 6,743,000,000 | 6,100,000,000 | 6,670,000,000 | 5,837,000,000 | 11,376,000,000 | - | - | - |
| Operating Income (USD) | 2,924,000,000 | 302,000,000 | 256,000,000 | 10,274,000,000 | 4,097,000,000 | 4,594,000,000 | 4,518,000,000 | 5,220,000,000 | 4,498,000,000 | 4,934,000,000 | 5,774,000,000 | 5,876,000,000 | - | - | - |
| Operating Margin | 3.1% | 12.1% | 9.4% | 13.2% | 4.7% | 4.5% | 4.4% | 4.9% | 3.9% | 4.1% | 4.6% | 4.6% | - | - | - |
| % EBITDA Margin | 4.8% | 14.6% | 11.8% | 14.9% | 6.2% | 6.1% | 5.8% | 6.3% | 5.3% | 5.6% | 4.6% | 8.9% | - | - | - |
| NET Income (USD) | 547,000,000 | 59,000,000 | 306,000,000 | 9,446,000,000 | 2,667,000,000 | 4,913,000,000 | 3,418,000,000 | 4,145,000,000 | 3,647,000,000 | 3,450,000,000 | 4,173,000,000 | 4,554,000,000 | - | - | - |
| % Net Margin | 0.6% | 2.4% | 11.2% | 12.2% | 3.1% | 4.9% | 3.3% | 3.9% | 3.2% | 2.9% | 3.3% | 3.6% | - | - | - |
ICA Gruppen AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Cervera AB | - | ||||||||
| Buyout | Completed | Kjell & Co Elektronik AB | - | ||||||||
| Buyout | Completed | ICA Meny | - | ||||||||
| Buyout | Completed | Menigo Foodservices AB | - | ||||||||
| Buyout | Completed | Ellos Group AB | - |
Displaying 1 - 5 of 6
ICA Gruppen AB - employee data
ICA Gruppen AB - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman of the Board | BM | ||||||
| Chairman of the Board | BM | ||||||
| Chairman Of The Board | BM |
BM Board Member
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