Kesko Group comparison figures for 1 Jan. 2022–31 March 2023 under the new segment structure
Kesko Group’s reportable segments from 1 April 2023 onwards
Kesko changed its division structure and segment reporting as of 1 April 2023. Sports trade is now part of the car trade division, while it previously was part of the building and technical trade division.
Kesko Group’s reportable segments are grocery trade, building and technical trade, and car trade. The grocery trade division comprises grocery trade operations conducted under the K-retailer business model, K-Citymarket’s non-food sales, and Kespro’s foodservice wholesale operations. The building and technical trade division comprises building and home improvement trade and technical wholesale. The division has operations in seven countries. The car trade division comprises car trade and sports trade.
Further information is available from Jukka Erlund, Executive Vice President, Chief Financial Officer, tel. +358 105 322 113, and Hanna Jaakkola, Vice President, Investor Relations, tel. +358 105 323 540.
Kesko Corporation
APPENDIX
Segment data by quarter 1.1.2022-31.3.2023
DISTRIBUTION
Nasdaq Helsinki Ltd
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www.kesko.fi
Segment data by quarter 1.1.2022-31.3.2023
| Net sales by segment, € million | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 1,382.1 | 1,551.1 | 1,573.6 | 1,617.9 | 1,495.0 |
| Building and technical trade | 1,071.0 | 1,287.8 | 1,149.7 | 1,082.7 | 1,023.0 |
| Car trade | 261.2 | 276.6 | 295.6 | 291.5 | 316.5 |
| Common functions and eliminations | -6.9 | -7.0 | -9.1 | -8.6 | -6.5 |
| Group total | 2,707.3 | 3,108.5 | 3,009.8 | 2,983.4 | 2,828.0 |
| Operating profit by segment, € million | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 81.4 | 123.9 | 133.4 | 122.8 | 82.3 |
| Building and technical trade | 56.0 | 109.6 | 99.3 | 59.8 | 29.3 |
| Car trade | 15.3 | 15.1 | 16.5 | 17.0 | 19.7 |
| Common functions and eliminations | -8.1 | -10.3 | -6.8 | -8.5 | -8.6 |
| Group total | 144.6 | 238.3 | 242.4 | 191.2 | 122.6 |
| Operating profit by segment, comparable, € million | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 80.3 | 123.9 | 133.4 | 122.8 | 83.9 |
| Building and technical trade | 56.2 | 107.2 | 99.6 | 60.8 | 30.0 |
| Car trade | 15.3 | 15.1 | 16.5 | 17.5 | 19.5 |
| Common functions and eliminations | -8.0 | -10.3 | -6.7 | -8.5 | -7.5 |
| Group total | 143.7 | 236.0 | 242.8 | 192.6 | 125.9 |
| Operating margin by segment, %, comparable | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 5.8 | 8.0 | 8.5 | 7.6 | 5.6 |
| Building and technical trade | 5.2 | 8.3 | 8.7 | 5.6 | 2.9 |
| Car trade | 5.8 | 5.5 | 5.6 | 6.0 | 6.2 |
| Group total | 5.3 | 7.6 | 8.1 | 6.5 | 4.5 |
| EBITDA by segment, comparable, € million | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 152.7 | 198.0 | 209.2 | 199.7 | 162.5 |
| Building and technical trade | 83.2 | 134.1 | 127.2 | 88.2 | 58.8 |
| Car trade | 27.2 | 27.2 | 29.0 | 29.8 | 32.0 |
| Common functions and eliminations | 0.6 | -1.4 | 1.9 | 1.0 | 1.6 |
| Group total | 263.7 | 357.9 | 367.4 | 318.8 | 254.8 |
| Operating profit by segment excluding the impact of IFRS 16, comparable, € million | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 66.2 | 110.6 | 119.9 | 109.6 | 70.4 |
| Building and technical trade | 51.7 | 102.8 | 95.1 | 56.3 | 25.3 |
| Car trade | 14.6 | 14.5 | 15.9 | 17.0 | 18.9 |
| Common functions and eliminations | -8.2 | -10.6 | -7.1 | -8.8 | -7.9 |
| Group total | 124.3 | 217.3 | 223.8 | 174.1 | 106.8 |
| Capital employed by segment, cumulative average, € million, rolling 12 months | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 2,167.9 | 2,211.6 | 2,281.4 | 2,353.6 | 2,422.2 |
| Building and technical trade | 1,637.3 | 1,651.9 | 1,676.2 | 1,693.5 | 1,725.4 |
| Car trade | 418.5 | 413.8 | 418.8 | 438.2 | 463.7 |
| Common functions and eliminations | 315.9 | 311.5 | 313.7 | 326.7 | 335.7 |
| Group total | 4,539.7 | 4,588.8 | 4,690.1 | 4,811.9 | 4,946.9 |
| Return on capital employed by segment, comparable, %, rolling 12 months | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 20.4 | 20.7 | 20.5 | 19.6 | 19.2 |
| Building and technical trade | 20.0 | 20.0 | 19.7 | 19.1 | 17.3 |
| Car trade | 17.3 | 16.7 | 14.9 | 14.7 | 14.8 |
| Group total | 17.7 | 17.9 | 17.6 | 16.9 | 16.1 |
| Capital expenditure by segment, € million | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 83.0 | 72.6 | 48.3 | 53.7 | 57.3 |
| Building and technical trade | 25.9 | 26.9 | 24.2 | 31.3 | 155.3 |
| Car trade | 8.5 | 13.6 | 9.7 | 13.3 | 13.9 |
| Common functions and eliminations | 8.8 | 11.5 | 7.6 | 10.2 | 5.3 |
| Group total | 126.2 | 124.6 | 89.9 | 108.5 | 231.8 |
| Average number of personnel converted into full-time employees by segment | 1-3/2022 | 4-6/2022 | 7-9/2022 | 10-12/2022 | 1-3/2023 |
| Grocery trade | 6,072 | 6,516 | 6,400 | 6,165 | 5,999 |
| Building and technical trade | 5,714 | 5,904 | 5,949 | 5,918 | 5,990 |
| Car trade | 1,438 | 1,520 | 1,561 | 1,557 | 1,537 |
| Common functions and eliminations | 934 | 982 | 969 | 935 | 910 |
| Group total | 14,158 | 14,921 | 14,879 | 14,576 | 14,436 |
