Kesko's sales increased in September by 6.3 %
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.10.2011 AT 09.00 1(2)
The Kesko Group's sales in September 2011, excluding VAT, totalled 809.7 million, showing an increase of 6.3%.
In Kesko's food trade, sales in September were 350.8 million, an increase of 7.6% compared to the previous year. Sales to the K-food store chains were up by 9.0%. The sales of Pirkka products to K-food stores increased by 27.5%.
In the home and speciality goods trade, sales in September were 132.8 million, an increase of 1.8% compared to the previous year. The sales of K-citymarket's home and speciality goods and the sales of furniture, sports goods and footwear increased.
In the building and home improvement trade, sales in September were 252.0 million, an increase of 1.5%. Sales in Finland were down by 0.9%. Sales abroad increased by 3.4% in terms of euros and by 11.9% in terms of local currencies. In Russia, sales increased by 9.6% in terms of euros and by 15.3% in terms of the local currency.
In the car and machinery trade, sales in September were 91.5 million, an increase of 24.1%. VV-Auto's sales in September were 67.7 million, up 24.6%. Konekesko's sales in September were 23.9 million, an increase of 22.3%.
Kesko Group sales in euros, excluding VAT, in September 2011:
| September | 2011 | 1.1. - | 30.9.2011 | |
| million | Change, % | million | Change, % | |
| Food trade, total | 350.8 | 7.6 | 3,102.3 | 7.0 |
| Home and speciality goods trade, total | 132.8 | 1.8 | 1,076.2 | -0.4 |
| Building and home improvement trade, Finland | 108.7 | -0.9 | 961.6 | 6.1 |
| Building and home improvement trade, other countries | 143.2 | 3.4 | 1,153.0 | 11.0 |
| Building and home improvement trade, total | 252.0 | 1.5 | 2,114.6 | 8.7 |
| Car and machinery trade, total | 91.5 | 24.1 | 928.1 | 21.0 |
| Common operations and eliminations | -17.3 | -127.7 | ||
| Grand total | 809.7 | 6.3 | 7,093.5 | 7.9 |
| Finland, total | 655.4 | 6.3 | 5,833.3 | 7.3 |
| Other countries, total | 154.3 | 6.1 | 1,260.2 | 11.1 |
| Grand total | 809.7 | 6.3 | 7,093.5 | 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 September 2011, the number of selling days in Kesko's wholesale in Finland was 22, which was the same as in the previous year. The total number of selling days in January-September was one more than in the previous year. The number of retail selling days in September was 30, which was the same as in the previous year. The total number of retail selling days in January-September 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
