Hakon Invest AB : Hakon Invest AB: Interim report for the period 1 January - 31 March 2013

 Hakon Invest AB : Hakon Invest AB: Interim report for the period 1 January -
                                31 March 2013

ICA AB is included in Hakon Invests consolidated financial statements as a
wholly owned subsidiary with effect from 27 March 2013 when Hakon Invest's
acquisition of the remaining shares in ICA was completed.

First quarter, 1 January - 31 March 2013

  *Consolidated net sales amounted to SEK 1,883 million (626).
  *Operating profit in the Group amounted to SEK 8,712 million (84), of which
    the effect of the acquisition of the remaining shares in ICA is included
    with SEK 8,652 million. Profit before tax amounted to SEK 8,725 million
  *Profit for the period was SEK 8,730 million (94). Earnings per share
    amounted to SEK 54.41 (0.65) before dilution. Earnings per share excluding
    the effects of the acquisition amounted to SEK 0.56 (0.65) before
  *The ICA Group's net sales decreased by 1.0% to SEK 23,078 million in the
    first quarter.
  *The ICA Group's operating profit amounted to SEK 562 million (690). The
    ICA Group's operating profit excluding non-recurring items amounted to
    SEK 749 million (690).

Important events after the end of the period

  *The Norwegian Competition Authority decided to suspend ICA Norway's
    planned co-operation with Norgesgruppen relating to sourcing and logistics
    pending a final decision on 30 September 2013.
  *A new Group Management will take over in conjunction with the Annual
    General Meeting on 20 May 2013. Group Management will consist of ICA's
    Group Management, as well as Stein Petter Ski and be headed by CEO Per

Press and analyst meeting
Hakon Invest holds a press and analyst meeting on Monday, 29 April, 2013 at
10:30 CET at Scandic Anglais, Humlegårdsgatan 23, in Stockholm. The meeting
will be webcasted on www.hakoninvest.se.

A conference call (English) will be held at 14:30 CET on the 29 April, 2013.
To participate dial +46 (0) 8505564 74.

For further information, please contact:

CEO Claes-Göran Sylvén
+46 8 55 33 99 64
CFO Göran Blomberg
+46 8 55 33 99 99
IR Pernilla Grennfelt
+46 8 55 33 99 55

The information in this interim report is such that Hakon Invest must disclose
pursuant to the Swedish Securities Market Act and/or the Swedish Financial
Instruments Trading Act. The information was submitted for publication at
08.00 CET on Monday, 29 April 2013.

Interim report Q1 2013 (pdf)


This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

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(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Hakon Invest AB via Thomson Reuters ONE
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