Stable earnings trend, continued divestments
For ICA Real Estate, 2024 entailed continued support and development of ICA’s store network and e-commerce in Sweden. In addition, a couple of major transactions were completed. The work with several major store and logistics projects continued during the year, for example the new freezer warehouse in Västerås.
ICA Real Estate in brief
ICA Real Estate has a large and actively managed property portfolio within the retail segment. Its overall mission is to satisfy the long-term need for appropriate properties in the right locations and to create the conditions for ICA Gruppen’s businesses to increase growth and capture market shares.
Key figures 2024
3,315 SEK m
Sales 2024
549 SEK m
Operating profit 2024*
16.6%
Operating margin 2024*
*Excluding items affecting comparability