Kesko's sales increased in June by 4.9%
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.07.2011 AT 09.00 1(2)
The Kesko Group's sales in June 2011, excluding VAT, totalled 843.2 million, showing an increase of 4.9%.
In Kesko's food trade, sales in June were 376.4 million, an increase of 9.6% compared to the previous year. Sales to the K-food store chains were up by 10.6%. Sales of Pirkka products in K-food stores increased by 30.8%.
In the home and speciality goods trade, sales in June were 112.3 million, a decrease of 0.4% compared to the previous year. K-citymarket's sales of home and speciality goods as well as sales of furniture and footwear increased.
In the building and home improvement trade, sales in June were 253.7 million, an increase of 0.3%. Sales in Finland were down by 4.6%. Sales abroad increased by 4.2% in terms of euros and by 7.4% in terms of local currencies. In the Baltic countries, sales were up by 13.1%. In Russia, sales increased by 14.5% in terms of euros and by 19.3% in terms of the local currency.
In the car and machinery trade, sales in June were 115.3 million, an increase of 6.2%. VV-Auto's sales in June were 73.7 million, up 3.5%. Konekesko's sales in June were 41.6 million, an increase of 11.1%. Sales development was particularly good in the agricultural machinery trade.
Kesko Group sales in euros, excluding VAT, in June 2011:
| June | 2011 | 1.1. - | 30.6.2011 | |
| million | Change, % | million | Change, % | |
| Food trade, total | 376.4 | 9.6 | 2,042.5 | 7.3 |
| Home and speciality goods trade, total | 112.3 | -0.4 | 695.0 | -0.3 |
| Building and home improvement trade, Finland | 105.4 | -4.6 | 639.2 | 5.9 |
| Building and home improvement trade, other countries | 148.3 | 4.2 | 720.6 | 13.7 |
| Building and home improvement trade, total | 253.7 | 0.3 | 1,359.9 | 9.9 |
| Car and machinery trade, total | 115.3 | 6.2 | 634.1 | 16.0 |
| Common operations and eliminations | -14.4 | -85.1 | ||
| Grand total | 843.2 | 4.9 | 4,646.4 | 8.0 |
| Finland, total | 674.4 | 3.7 | 3,865.6 | 7.2 |
| Other countries, total | 168.8 | 9.7 | 780.7 | 12.1 |
| Grand total | 843.2 | 4.9 | 4,646.4 | 8.0 |
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 June 2011, the number of selling days in Kesko's wholesale in Finland was 20, which was one less than in the previous year. The total number of selling days in January-June was one more than in the previous year. The number of retail selling days in June was 27, which was two less than in the previous year. The total number of retail selling days in January-June 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 Vice President, Corporate Controller Eva Kaukinen, tel. +358 1053 22338.
Kesko Corporation
Merja Haverinen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
