Kesko Group´s and K-Alliance's sales in January 2004

Stock exchange release / 11.02.2004 11:00

Kesko Group’s sales in euros, excluding VAT, in January 2004 totalled EUR 570.1 million. The K-Alliance’s retail sales in January 2004 totalled EUR 625.4 million.

Kesko Group’s sales in euros, excluding VAT, in January 2004:

	January	2004
	EUR million	Change, %
Kesko Food, Finland	253.5	-1.2
Kesko Food, foreign countries	22.0	27.5
Kesko Food, total	275.5	0.6
Rautakesko, Finland	47.0	13.0
Rautakesko, foreign countries	23.8	190.6
Rautakesko, total	70.8	42.2
Kesko Agro, Finland	42.2	-5.8
Kesko Agro, foreign countries	12.5	81.9
Kesko Agro, total	54.7	5.9
Keswell, Finland	57.1	24.4
Keswell, foreign countries	2.3	-17.7
Keswell, total	59.4	21.9
VV-Auto, Finland	83.0	34.4
VV-Auto, foreign countries	0.8	-27.4
VV-Auto, total	83.8	33.3
Kaukomarkkinat, Finland	15.7	-7.9
Kaukomarkkinat, foreign countries	9.3	70.3
Kaukomarkkinat, total	25.0	11.0
Others / eliminations	0.9	-

Finland, total	499.4	7.3
Foreign countries, total	70.7	69.5
Grand total	570.1	12.4

Change, % indicates the percentage change over the corresponding period in the previous year.

Kesko acquired a majority in the Lithuanian hardware and building supplies company Senukai, whose sales are included in Rautakesko’s sales figures as from 13 March 2003.

In January 2004, the number of trading days in Kesko’s wholesale was 20, which was one less than in January 2003.

K-Alliance’s retail sales in euros (incl VAT) in January 2004 (advance information):

	January	2004
	EUR million	Change, %
K-Alliance’s food stores
K-citymarket	122.7	14.6
K-supermarket	123.7	2.1
K-market	95.4	-2.9
K-extra	27.7	-12.2
K-pikkolo	7.8	9.8
Other K-food stores and mobile stores	6.7	-12.1
Finland, total	384.0	3.0
Citymarket, Estonia	6.7	63.4
Säästumarket, Estonia	11.6	11.0
Citymarket, Latvia	3.9	133.7
Supernetto, Latvia	1.5	448.1
Foreign countries, total	23.7	31.7
Food stores, total	407.7	4.3

K-Alliance’s hardware and builders’ supplies stores
K-rauta	27.6	11.8
Rautia	19.8	4.9
Finland, total	47.4	8.8
K-rauta, Sweden	6.5	23.8
K-rauta, Estonia	3.5	24.6
K-rauta, Latvia	1.5	-8.0
Senukai, Lithuania	16.7	-
Foreign countries, total	28.2	196.7
Hardware and builders’ supplies stores, total	75.6	42.1

K-Alliance’s agricultural stores
K-agriculture	33.3	-6.9
Finland, total	33.3	-6.9
Kesko Agro Eesti	3.9	52.6
Kesko Agro Latvia	3.1	95.6
Kesko Agro Lietuva	2.8	216.2
Foreign countries, total	9.8	94.9
Agricultural stores, total	43.1	5.6

K-Alliance’s home and speciality stores
Anttila department stores	28.1	25.5
Kodin Ykkönen department stores for home goods and Interior decoration	10.1	27.0
Anttila distance sales (NetAnttila and mail order sales)	7.0	22.2
Intersport	26.5	45.5
Kesport	2.3	38.3
Musta Pörssi	14.0	22.3
K-kenkä	1.9	1.6
Andiamo	1.8	2.9
Kenkäexpertti	1.3	0.8
Finland, total	93.0	28.8
Foreign countries, total	2.4	-17.7
Home and speciality goods, total	95.4	27.0

Tähti Optikko chain	3.6	3.8

Finland, total	561.2	6.4
Foreign countries, total	64.2	80.7
Retail sales, total	625.4	11.0

2 K-rauta stores and 43 Rautia stores also operate as K-agriculture stores. Their sales are partly included in the sales figures of the hardware and builders’ supplies stores and partly in the sales of the agricultural stores.

Further information: Erkki Heikkinen, Senior Vice President, Corporate Communications, tel. +358 1053 22721.

Kesko Corporation
Corporate Communications

Atte Kaksonen
Communications Manager

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