Very impressive results from Iceland Foods with sales growth exceeding the UK average, with further growth to come from structural shifts towards greater home working inflating shopping baskets.
16.2% increase in sales to £3.7bn
32% growth in EBITDA to £176m
2.4% UK grocery market share (2020: 2.2%)
20 new stores mostly under the Food Warehouse brand – 993 stores in total
Omnichannel Store estate delivering over 1m slots per week – 86% of UK covered
Strategic supplier alliance with The Range delivering strong results
We especially like the special 20% “thank you” discount to all NHS staff – well done Iceland
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