Kesko's sales in December 2010
KESKO CORPORATION STOCK EXCHANGE RELEASE 17.01.2011 AT 09.00 1(2)
The Kesko Group's sales in December 2010, excluding VAT, totalled 832.1 million, an increase of 7.9%.
In the food trade, sales in December were 384.4 million, an increase of 8.4%. Sales to the K-food store chains were up by 9.9%.
In the home and speciality goods trade, sales in December were 222.1 million, a decrease of 0.4%.
In the building and home improvement trade, sales in December were 181.9 million, an increase of 18.1%. Sales in Finland were up by 22.5%. Sales abroad increased by 14.5% in terms of euros and by 8.4% in terms of local currencies. In the Baltic countries, sales were up by 10.2%. In Russia, sales increased by 28.7% in terms of euros and by 19.4% in terms of the local currency.
In the car and machinery trade, sales in December were 59.1 million, a comparable increase of 24.0%. VV-Auto's sales in December were 41.1 million, up 19.9%. Konekesko's sales in December were 17.8 million, down 14.5%. Konekesko's sales in December were 17.8 million, a decrease of 14.5%. Konekesko's comparable sales performance was 35.0%. In the car and machinery trade, comparable sales performance in January-December was 14.9%. The impact of the car tax change (as from 1 April 2009), and the discontinued Baltic grain and agricultural inputs trade have been eliminated from the comparable sales.
Kesko Group sales in euros, excluding VAT, in December 2010:
| December | 2010 | 1.1. - | 31.12.2010 | |
| million | Change,% | million | Change,% | |
| Food trade, total | 384.4 | 8.4 | 3,937.8 | 2.4 |
| Home and speciality goods trade, total | 222.1 | -0.4 | 1,588.2 | 0.7 |
| Building and home improvement trade, Finland | 84.9 | 22.5 | 1,196.2 | 10.2 |
| Building and home improvement trade, other countries | 97.0 | 14.5 | 1,363.7 | 7.8 |
| Building and home improvement trade, total | 181.9 | 18.1 | 2,559.9 | 8.9 |
| Car and machinery trade, total | 59.1 | 6.9 | 974.7 | 0.7 |
| Common operations and eliminations | -15.5 | -163.1 | ||
| Grand total | 832.1 | 7.9 | 8,897.5 | 3.8 |
| Finland, total | 729.2 | 8.1 | 7,421.5 | 4.2 |
| Other countries, total | 103.0 | 6.4 | 1,476.0 | 1.9 |
Change, % indicates the change over the corresponding period of the previous year.
In December 2010, the number of selling days in Kesko's wholesale in Finland was 21, which was the same as in December 2009. The total number of wholesale selling days in January-December was one more than in the previous year. The number of retail selling days in December was 28, which was one more than in the previous year. The total number of retail selling days in January-December was 25 more than in the previous year.
The sales from operations in Finland presented in this release include the export sales of the companies in Finland (previously exports were included in the sales of other countries). The comparative figures have been restated to reflect the change in presentation.
Kesko publishes advance information on the K-Group's retail sales quarterly, in connection with the interim reports.
Further information is available from Vice President, Corporate Controller Eva Kaukinen, tel. +358 1053 22338.
Kesko Corporation
Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
