Swedish food retailer ICA Ahold has posted sales of SKr77.338bn ($8.918bn) for 2002.

This represents a 6.4% year-on-year increase, the company reported today [Tuesday]. Sales rose 4.4% year-on-year in December to SKr7.49bn, while November sales improved 4.2% year-on-year to SKr6.24bn. These figures include VAT.

ICA Ahold plans to open 25 new stores by 2004.