ICA Gruppen AB (publ) [ICA.ST] Stock Forecast

ICA Gruppen AB (publ), together with its subsidiaries, engages in the grocery retail business primarily in Sweden and the Baltic countries. The company operates through five segments: ICA Sweden, Rimi Baltic, Apotek Hjärtat, ICA Real Estate, and ICA Bank. It offers various organic products, private label products, and non-food products; and conducts pharmacy operations. The company operates approximately 1,550 grocery stores in Sweden, Estonia, Latvia, and Lithuania; and 390 pharmacies in Sweden. It also acquires, develops, and manages property portfolio in the retail segment; and provides banking and insurance products and services to private and business customers. The company was formerly known as Hakon Invest AB and changed its name to ICA Gruppen AB (publ) in May 2013. The company was founded in 1917 and is headquartered in Solna, Sweden. ICA Gruppen AB (publ) is a subsidiary of ICA-handlarnas Förbund.