Growth drivers

The net sales for the Group’s continuing operations in January-June 2018 totalled €5,086 million, which is 4.4% down on the corresponding period of the previous year (€5,321 million). The net sales were significantly impacted by the divestments carried out in the first half of 2017. In comparable terms, net sales grew by 3.7% in local currencies, excluding the impact of acquisitions and divestments. International operations accounted for 19.7% (19.5%) of the Group's net sales.

Consumer confidence in Finland

Expectations for own finances in 12 months

Source: Statistics Finland

 

Retail trade, trend development, Finland

Source: Statistics Finland

 

Grocery trade, trend development, Finland

Source: Statistics Finland
 

Unemployment rate in Finland

Source: Statistics Finland

 

Building permits granted and building starts, mil. m3, moving annual total, Finland

Source: Statistics Finland

 

New registrations of passenger cars in Finland

Source: Statistics Finland

 

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Future outlook

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