Kesko's sales increased in October by 7.9%
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.11.2011 AT 09.00 1(2)
The Kesko Group's sales in October 2011, excluding VAT, totalled 812.6 million, showing an increase of 7.9%.
In Kesko's food trade, sales in October were 344.7 million, an increase of 7.7% compared to the previous year. Sales to the K-food store chains were up by 7.9%. The sales of Pirkka products to K-food stores increased by 27.5%.
In the home and speciality goods trade, sales in October were 140.7 million, an increase of 2.7% compared to the previous year. The sales of K-citymarket's home and speciality goods, Intersport Finland as well as Asko and Sotka increased.
In the building and home improvement trade, sales in October were 251.0 million, an increase of 6.3%. Sales in Finland were up by 11.0%. Sales abroad increased by 2.6% in terms of euros and by 9.5% in terms of local currencies. In Russia, sales increased by 11.0% in terms of euros and by 13.1% in terms of the local currency.
In the car and machinery trade, sales in October were 94.3 million, an increase of 26.8%. VV-Auto's sales in October were 76.2 million, up 30.8%. Konekesko's sales in October were 18.3 million, a 12.8% year-on-year increase.
Kesko Group sales in euros, excluding VAT, in October 2011:
| October | 2011 | 1.1. - | 31.10.2011 | |
| million | Change, % | million | Change, % | |
| Food trade, total | 344.7 | 7.7 | 3,447.0 | 7.0 |
| Home and speciality goods trade, total | 140.7 | 2.7 | 1,216.9 | 0.0 |
| Building and home improvement trade, Finland | 116.0 | 11.0 | 1,077.6 | 6.6 |
| Building and home improvement trade, other countries | 135.0 | 2.6 | 1,287.9 | 10.0 |
| Building and home improvement trade, total | 251.0 | 6.3 | 2,365.5 | 8.4 |
| Car and machinery trade, total | 94.3 | 26.8 | 1,022.4 | 21.5 |
| Common operations and eliminations | -18.1 | -145.7 | ||
| Grand total | 812.6 | 7.9 | 7,906.1 | 7.9 |
| Finland, total | 670.6 | 8.7 | 6,503.9 | 7.4 |
| Other countries, total | 142.0 | 3.9 | 1,402.2 | 10.3 |
| Grand total | 812.6 | 7.9 | 7,906.1 | 7.9 |
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 October 2011, the number of selling days in Kesko's wholesale in Finland was 21, which was the same as in the previous year. The total number of selling days in January-October was one more than in the previous year. The number of retail selling days in October was 31, which was the same as in the previous year. The total number of retail selling days in January-October 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
