Swedish retailer ICA Gruppen has reported a 1.5% increase in consolidated net sales in the second quarter of its financial year, to SEK 32.4 billion (€3.16 billion), noting that its Apotek Hjärtat and Rimi Baltic businesses both saw 'strong earnings improvements' in the period.
Operating profit in the period stood at SEK 1.45 billion (€140 million), roughly on a par with last year. The group said that the continuing COVID-19 crisis continued to impact both the group's profits and sales, following an estimated SEK 30 million impact in the group's first quarter.
