Kesko's comparable sales decreased in January by 1.0% - sales increased in the building and home improvement trade and the car trade

KESKO CORPORATION STOCK EXCHANGE RELEASE 12.02.2016 AT 09.00 1(2)

 

Kesko's comparable sales decreased in January by 1.0% - sales increased in the building and home improvement trade and the car trade

 

Kesko Group's sales in January 2016 totalled €620.5 million. In comparable terms excluding Anttila, sales decreased by 1.0% in local currencies.

 

"In January, Kesko's sales increased in the car trade and in the building and home improvement trade. In the grocery trade, negative price trend continued," says Kesko's President and CEO Mikko Helander.

 

The sales of Kesko's grocery trade in January were €336.1 million, a decrease of 3.7% in local currencies. There was one delivery day less than in the previous year.

 

The sales of the home improvement and speciality goods trade in January were €196.5 million, and comparable sales excluding Anttila decreased by 1.1% in local currencies. In Finland, comparable sales were down by 2.8%. Outside Finland, comparable sales grew by 0.9% in local currencies. The sales of the building and home improvement trade increased by 1.4% in local currencies.

 

The sales of the car trade in January were €88.0 million, up 12.7% from the previous year.

 

Kesko Group's sales in euros, excluding VAT, in January 2016:

 

	January 2016		Change, %
	€ million	Change, %	in local currencies excl. Anttila
Grocery trade, total	336.1	-3.9	-3.7
Home improvement and speciality goods trade, Finland	108.2	-19.5	-2.8
Home improvement and speciality goods trade, other countries	88.3	-4.4	+0.9
Home improvement and speciality goods trade, total	196.5	-13.3	-1.1
Car trade, total	88.0	+12.7	+12.7
Common operations and eliminations	-0.1
Grand total	620.5	-5.0	-1.0
Finland, total	524.8	-5.4	-1.7
Other countries, total	95.8	-3.0	+2.9
Grand total	620.5	-5.0	-1.0

 

Change, %, indicates the change compared to the corresponding period of the previous year.

 

In January 2016, the number of selling days in Kesko's wholesale in Finland was 19, which was one less than in the previous year.

 

Kesko releases advance information on the K-Group's retail sales quarterly, in connection with interim reports.

 

Further information is available from Vice President, Group Controller Eva Kaukinen, tel. [phone].

 

 

Kesko Corporation

 

 

 

Merja Haverinen
Vice President, Group Communications

 

 

DISTRIBUTION
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Main news media
www.kesko.fi

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Source: Kesko Oyj via Globenewswire

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