ICA Gruppen AB - Strategic SWOT Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence and Operational KPI's, and Recent Trends
Company Report I 2025-12-12 I 85 Pages I Quaintel Research
Report Summary
ICA Gruppen AB Strategic SWOT Analysis and Financial Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, and Recent Trends Report is a comprehensive and easily accessible overview of ICA Gruppen AB's business operations. It provides a detailed analysis of the company's financial and strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about ICA Gruppen AB including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses ICA Gruppen AB's strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. Additionally, By integrating these strategic analyses, the report offers a comprehensive understanding of ICA Gruppen AB's overall strategic standing and supports informed decision-making and strategic planning.
The report also covers ICA Gruppen AB's financial analysis basis of latest income statement, balance sheet, and cash flow statement. Key financial ratios related to profitability, asset turnover, credit, market, and long-term solvency are outlined, providing guidance for investment decisions. Furthermore, the report compares ICA Gruppen AB's financial parameters with those of its competitors, offering a unique analysis of the competitive landscape. This information helps manage the business environment and improve sales activities by gaining insight into competitors' operations.
Finally, the report includes recent news and deal activities undertaken by ICA Gruppen AB enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
ICA Gruppen AB is a leading Nordic retail and service company headquartered in Solan, Sweden. Founded in 1938, the company has grown into a diversified group with operations across grocery retail, pharmacies, banking and insurance, specialty goods, and real estate. ICA Gruppen serves millions of customers in Sweden and the Baltic countries, including Estonia, Latvia, and Lithuania, through a network of physical stores and digital platforms.The company operates through several key business segments. ICA Sweden forms the core of the business, combining wholesale and retail operations with a focus on convenience, local adaptation, and a broad range of products. Rimi Baltic manages retail operations in the Baltic countries, ensuring accessible and customer-friendly shopping experiences. Apotek Hjartat represents the pharmacy business in Sweden, providing prescription medicines, health products, and advisory services. ICA Real Estate manages and develops properties to support the group s retail operations, while ICA Bank offers banking and insurance solutions that complement the company s integrated service approach.With a strong focus on customer-centric solutions, sustainability, and operational efficiency, ICA Gruppen leverages local market knowledge, digital innovation, and collaboration across its businesses to maintain a leading position in the Nordic retail and service sectors.
ICA Gruppen AB in the News:-
2025-08-27 - ICA recalls ICA Eggs
2025-05-16 - ICA part of the Trading Country Sweden together for Ukraine
2025-05-05 - ICA's new initiative aims to get young people to eat more fruit
2025-05-05 - The European Commission has approved ICA Gruppen's divestment of Rimi Baltic to Salling Group
2025-04-25 - Hot barbecue summer in sight ICA launches this season's tasty new products with chili and Korean notes
Scope
- Tactical Analysis:- Various strategic frameworks to gain insights into a ICA Gruppen AB's competitive position and operational environment. These analytical tools assist in identifying competitive advantages, potential risks, and areas for improvement and efficiency, enabling companies to make informed tactical decisions.
- Business Strategy:- Contributes to shaping the ICA Gruppen AB's overall direction, goals, and decision-making processes, ensuring long-term success and alignment with stakeholder expectations.
- Financial Position:- Provide valuable information on the financial performance and investor sentiment surrounding the company. Indicating the level of confidence and expectations in the company's future prospects. These components collectively contribute to understanding the financial health and market perception of the company.
- Company Fundamentals:- These fundamentals offer valuable insights into the company's history, operations, leadership, and geographical presence, aiding in a comprehensive understanding of the organization.
- Competitive Landscape:- An identification of the ICA Gruppen AB's main competitors, providing insights into the competitive landscape it operates in.
Reasons to Buy
- Comprehensive Understanding of the ICA Gruppen AB's internal and external factors through SWOT analysis, Financial Analysis, and Competitors Benchmarking.
- Strive Strategic Decision Making with various analyses and identifying potential customers and suppliers.
- Mitigate Risk with help of thorough analysis of internal and external factors. Furthermore, develop strategies and contingency plans to address these challenges and minimize their impact on business operations.
- Competitive Benchmarking will help to gain a competitive advantage by understanding industry trends, customer preferences, and best practices.
- Financial Performance Evaluation provides crucial insights into key financial ratios and trends, supporting better financial decision-making and resource allocation.
- Valuable insights from the report enable investors and partners to make informed decisions regarding potential Collaborations, Investments, or Partnerships with the company.
Additionally, available deep-dive analysis on the company ICA Gruppen AB:
- ICA Gruppen AB PESTLE Analysis
- ICA Gruppen AB Value Chain Analysis
- ICA Gruppen AB Porter's Five Forces Analysis
- ICA Gruppen AB VRIO Analysis
- ICA Gruppen AB BCG Analysis
- ICA Gruppen AB Segmentation, Targeting and Positioning (STP) Analysis
- ICA Gruppen AB Ansoff Matrix Analysis
Table of Contents
Tables 6
Charts 7
ICA Gruppen AB - Key Company Facts 8
ICA Gruppen AB - Company Description 9
ICA Gruppen AB - Top Executives 10
ICA Gruppen AB - Top Executives Biographies 11
ICA Gruppen AB - Head Office & Locations 15
Head Office - Country 15
Key Subsidiaries 16
Key Joint Ventures 17
ICA Gruppen AB - Products and Services 18
Products 18
Services 19
ICA Gruppen AB - Historic Events 20
ICA Gruppen AB - Company's Management Discussion 22
ICA Gruppen AB - Company's Mission and Vision 25
Vision 25
ICA Gruppen AB - Corporate Strategy 26
ICA Gruppen AB - Business Description 29
ICA Sweden 29
Rimi Baltic 29
Pharmacy Heart 30
ICA Properties 30
ICA Bank 30
Other and Eliminations 31
ICA Gruppen AB - ESG Spotlight 32
Environment 32
Social 33
Corporate Governance 33
ICA Gruppen AB - SWOT Analysis 34
Overview 34
Strengths 36
Weaknesses 40
Opportunities 43
Threats 46
Competing Players 49
Snapshot of Competing Players 50
NorgesGruppen ASA 50
Key Company Facts 50
Company Description 50
Axfood AB 51
Key Company Facts 51
Company Description 51
Key Financials 52
Share Price Trend - Jan-2024 to Dec-2025 (Average Share Closing Price) 52
Key Financial Ratio Analysis 57
Coop Sverige AB 58
Key Company Facts 58
Company Description 58
City Gross Sverige AB 59
Key Company Facts 59
Company Description 59
Lidl Sweden Limited Partnership 60
Key Company Facts 60
Company Description 60
ICA Gruppen AB - In the News 61
27-Aug-2025- ICA recalls ICA Eggs 61
16-May-2025- ICA part of the Trading Country Sweden together for Ukraine 62
05-May-2025- ICA's new initiative aims to get young people to eat more fruit 62
05-May-2025- The European Commission has approved ICA Gruppen's divestment of Rimi Baltic to Salling Group 64
25-Apr-2025- Hot barbecue summer in sight ICA launches this season's tasty new products with chili and Korean notes 64
22-Apr-2025- New report on young people's personal finances: Four times as common for girls to have shopping as a hobby compared to boys 66
10-Apr-2025- ICA expands recall of ICA Vannamei shrimps cooked large without shell, frozen 400g 68
04-Apr-2025- ICA Bank lowers variable mortgage interest rate 68
20-Mar-2025- Lowering food prices requires cooperation 69
27-Feb-2025- Apolosophy strengthens its sunless tanning range with new products that nourish and moisturize 70
25-Feb-2025- Increased interest in skincare among men - but knowledge is low 71
18-Feb-2025- In the middle of cold season: Widespread nasal spray addiction among Swedes 72
15-Aug-2024- ICA Gruppen's report for the second quarter 2024 72
17-Jun-2024- ICA Real Estate completes land exchange with the City of Stockholm 73
07-May-2024- ICA Gruppen issues green bonds 74
07-Dec-2023- Karin Andren new HR director for ICA Gruppen 74
21-Nov-2023- New survey takes the pace of Swedes' health anxiety - increasing significantly among young women 74
10-Nov-2023- ICA is recalling ICA eggs, ICA Brunch eggs, ICA Breakfast eggs and ICA Basic eggs 75
07-Nov-2023- 44 percent cannot imagine a Christmas without mustard - here is this year's mustard flavor from Apotek Hjartat 75
03-Nov-2023- ICA's and Apotek Hjartat's customers make a difference to Swedish cancer research 75
25-Oct-2023- New survey: One in three young people feel they are living beyond their means - every month 76
23-Oct-2023- ICAx is launching a new package service for e-tailers where the packages travel together with the food 76
19-Oct-2023- ICA and Re:meat explore the potential for farmed meat in Sweden 76
18-Oct-2023- More employers need to understand the impact of menopause on working life 76
17-Oct-2023- ICA Sweden changes model for e-commerce in Gothenburg 76
ICA Gruppen AB - Key Deals 78
08-Jul-2025 - ICA Fastigheter acquires Alecta Fastigheter's share in Ancore Fastigheter 78
02-Jun-2025 - Delcore Fastigheter acquires ICA Maxi Flemingsberg 79
07-Dec-2023 - Rimi Baltic sells warehouse and office property in Riga to East Capital Real Estate Fund IV 79
07-Dec-2023 - Rimi Baltic sells warehouse and office property in Riga to East Capital Real Estate Fund IV 79
19-Oct-2023 - ICA and Re:meat explore the potential for farmed meat in Sweden 80
16-Oct-2023 - ICA Fastigheter sells warehouse property in Vasteras to Genesta 80
12-Sep-2023 - ICA Gruppen issues bonds for SEK 2.5 billion 80
17-May-2023 - After a successful pilot - Apotek Hjartat begins collaboration with the Blood Pressure Doctor 80
03-Apr-2023 - AMF has taken ownership of Delcore Fastigheter 81
23-Dec-2022 - ICA Fastigheter and AMF form Delcore Fastigheter 81
16-Dec-2022 - Important investment for living countryside - ICAx tests drone delivery of food in the Stockholm archipelago 81
01-Nov-2022 - The merger between ICA Gruppen and Murgrona has been completed 81
Appendix 82
Definitions 82
SWOT Analysis 82
PESTLE Analysis 82
Value Chain Analysis 82
ESG Spotlight 82
Research Methodology 83
Disclaimer 84
Contact Us 84
Table 1: ICA Gruppen AB - Company Facts 8
Table 2: ICA Gruppen AB - Digital Presence 8
Table 3: ICA Gruppen AB - Top Executives 10
Table 4: ICA Gruppen AB - Top Executives Biographies 11
Table 5: ICA Gruppen AB - Subsidiaries 16
Table 6: ICA Gruppen AB - Key Joint Ventures 17
Table 7: ICA Gruppen AB - Products 18
Table 8: ICA Gruppen AB - Services 19
Table 9: ICA Gruppen AB - Historic Events 20
Table 10: ICA Gruppen AB -Competing Players 49
Table 11: Competing Players - NorgesGruppen ASA - Key Company Facts 50
Table 12: Competing Players - Axfood AB - Key Company Facts 51
Table 13: Axfood AB - Share Price Trend - Jan-2024 to Dec-2025 52
Table 14: Competing Players - Axfood AB - Profit and Loss Statement 54
Table 15: Axfood AB - Balance Sheet 2021-2024 55
Table 16: Axfood AB - Cash Flow Statement 2021-2024 56
Table 17: Axfood AB - Ratio Analysis - 2021-2024 57
Table 18: Competing Players - Coop Sverige AB - Key Company Facts 58
Table 19: Competing Players - City Gross Sverige AB - Key Company Facts 59
Table 20: Competing Players - Lidl Sweden Limited Partnership - Key Company Facts 60
Figure 1: ICA Gruppen AB - SWOT Analysis 35
Figure 2: Axfood AB - Average Share Price Trend -Jan-2024 to Dec-2025 53
Figure 3: Axfood AB - Profit and Loss Statement - 2021-2024 54
Figure 4: Axfood AB - Balance Sheet - 2021-2024 55
Figure 5: Axfood AB - Cash Flow Statement 2021-2024 56
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.