Kesko's sales increased in July by 5.8%
KESKO CORPORATION STOCK EXCHANGE RELEASE 12.08.2011 AT 09.00 1(2)
The Kesko Group's sales in July 2011, excluding VAT, totalled 780.0 million, showing an increase of 5.8%.
In Kesko's food trade, sales in July were 336.0 million, an increase of 0.4% compared to the previous year. Sales to the K-food store chains were up by 1.6%. Sales of Pirkka products to K-food stores increased by 28.6%.
In the home and speciality goods trade, sales in July were 114.6 million, a decrease of 5.1% compared to the previous year. Sales of Asko and Sotka as well as Budget Sport and Konebox chains increased.
In the building and home improvement trade, sales in July were 231.4 million, an increase of 6.2%. Sales in Finland were up by 6.4%. Sales abroad increased by 6.0% in terms of euros and by 8.9% in terms of local currencies. In the Baltic countries, sales were up by 7.1%. In Russia, sales increased by 19.0% in terms of euros and by 20.8% in terms of the local currency.
In the car and machinery trade, sales in July were 108.6 million, showing an increase of 46.2%. VV-Auto's sales in July were 68.7 million, up 43.0%. Konekesko's sales in July were 40.1 million, an increase of 52.4%.
Kesko Group sales in euros, excluding VAT, in July 2011:
| July | 2011 | 1.1. - | 31.7.2011 | |
| million | Change, % | million | Change, % | |
| Food trade, total | 336.0 | 0.4 | 2,378.5 | 6.3 |
| Home and speciality goods trade, total | 114.6 | -5.1 | 809.7 | -1.0 |
| Building and home improvement trade, Finland | 94.9 | 6.4 | 734.1 | 6.0 |
| Building and home improvement trade, other countries | 136.5 | 6.0 | 857.1 | 12.4 |
| Building and home improvement trade, total | 231.4 | 6.2 | 1,591.3 | 9.3 |
| Car and machinery trade, total | 108.6 | 46.2 | 742.7 | 19.6 |
| Common operations and eliminations | -10.7 | -95.8 | ||
| Grand total | 780.0 | 5.8 | 5,426.4 | 7.7 |
| Finland, total | 621.2 | 4.6 | 4,486.8 | 6.8 |
| Other countries, total | 158.9 | 10.7 | 939.6 | 11.9 |
| Grand total | 780.0 | 5.8 | 5,426.4 | 7.7 |
Change, % indicates the change over the corresponding period of the previous year.
The reporting of the sales and sales adjustments of the foreign operations of the building and home improvement trade has been harmonised, and sales performance has been calculated based on comparable sales figures.
In July 2011, the number of selling days in Kesko's wholesale in Finland was 21, which was one less than in the previous year. The total number of selling days in January-July was the same as in the previous year. The number of retail selling days in July was 31, which was the same as in the previous year. The total number of retail selling days in January-July was the same as in the previous year.
Kesko releases advance information on the K-Group's retail sales quarterly, in connection with the interim reports.
Further information is available from Senior Vice President, CFO Arja Talma, tel. +358 1053 22113.
Kesko Corporation
Merja Haverinen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
