Kesko's sales increased in November

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.12.2015 AT 09.00 1(2)

Kesko's sales increased in November

Kesko Group's sales in November 2015 totalled €675.4 million. In comparable terms excluding Anttila, sales increased by 1.7% in local currencies.

"In November, Kesko's sales increased particularly in Finland in the building and home improvement trade and in sports trade. In the grocery trade, sales were at the level of the previous year and the general decline in prices continued", says Kesko's President and CEO Mikko Helander.

In Kesko's grocery trade, sales in November were €378.7 million, an increase of 0.5% in local currencies.

In the home improvement and speciality goods trade, sales in November were €239.1 million, and comparable sales excluding Anttila increased by 6.1% in local currencies. In Finland, comparable sales were up by 8.7%. Outside Finland, comparable sales grew by 3.7% in local currencies. In the building and home improvement trade, sales increased by 6.1% in local currencies.

In the car trade, sales in November were €56.2 million, down 7.3% from the previous year.

Kesko Group's sales in euros, excluding VAT, in November 2015:

  November 2015 Change, %
  € million Change, % in local currencies excl. Anttila
Grocery trade, total 378.7 -0.1 +0.5
Home improvement and speciality goods trade, Finland 120.0 -16.1 +8.7
Home improvement and speciality goods trade, other countries 119.1 -4.3 +3.7
Home improvement and speciality goods trade, total 239.1 -10.6 +6.1
Car trade, total 56.2 -7.3 -7.3
Common operations and eliminations 1.4    
Grand total 675.4 -4.2 +1.7
       
Finland, total 547.0 -4.4 +0.7
Other countries, total 128.4 -3.4 +5.8
Grand total 675.4 -4.2 +1.7
       

Kesko Group's sales in euros, excluding VAT, in January-November 2015:

  1.1. - 30.11.2015 Change, %
  € million Change, % in local currencies excl. Anttila
Grocery trade, total 4,250.8 -1.7 -0.9
Home improvement and speciality goods trade, Finland 1,639.3 -12.5 -1.2
Home improvement and speciality goods trade, other countries 1,448.8 -3.5 +5.6
Home improvement and speciality goods trade, total 3,088.1 -8.5 +2.1
Car trade, total 707.7 -3.5 -3.5
Common operations and eliminations 7.6    
Grand total 8,054.2 -4.3 0.0
       
Finland, total 6,512.2 -4.5 -1.8
Other countries, total 1,542.0 -3.4 +7.4
Grand total 8,054.2 -4.3 0.0
       

Change, %, indicates the change compared to the corresponding period of the previous year.

In November 2015, the number of selling days in Kesko's wholesale in Finland was 21, which was one more than in the previous year. The total number of selling days in January-November was the same as in the previous year. The number of retail selling days in November was 29, which was one more than in the previous year. The total number of retail selling days in January-November was the same as in the previous year.

Kesko releases advance information on the K-Group's retail sales quarterly, in connection with interim reports.

Further information is available from Vice President, Group Controller Eva Kaukinen, tel. +358 105 322 338.

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main news media
www.kesko.fi

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