Kesko's sales increased in May

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.06.2016 AT 09.00 1(2)

Kesko's sales increased in May

Kesko Group's sales in May 2016 totalled €841.0 million and were up 13.2%. In comparable terms, sales increased by 5.2% in local currencies, excluding the impact of Suomen Lähikauppa.

"In May, Kesko's sales increased in all strategic growth areas, i.e. the grocery trade, the building and home improvement trade and the car trade," says Kesko's President and CEO Mikko Helander.

The sales of Kesko's grocery trade in May were €465.6 million and increased by 23.1%. Suomen Lähikauppa excluded, the sales of the grocery trade were €391.6 million, representing a comparable change of +4.2%. There were two delivery days more than in the previous year.

The sales of the home improvement and speciality goods trade in May were €305.9 million, up 6.8% in local currencies. In Finland, sales grew by 4.6%. Outside Finland, sales increased by 9.1% in local currencies. The sales of the building and home improvement trade increased by 6.4% in local currencies. The sales of the leisure trade increased by 12.9% in local currencies and the sales of the agricultural and machinery trade by 9.0%.

The sales of the car trade in May were €70.7 million, up 8.2% from the previous year.

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

	May 2016		Comparable
	€ million	Change, %	change, %
Grocery trade, total	465.6	+23.1	+4.2
Home improvement and speciality goods trade, Finland	159.9	+4.6	+4.6
Home improvement and speciality goods trade, other countries	146.0	+1.2	+9.1
Home improvement and speciality goods trade, total	305.9	+2.9	+6.8
Car trade, total	70.7	+8.2	+8.2
Common functions and eliminations	-1.2
Grand total	841.0	+13.2	+5.2
Finland, total	685.2	+16.4	+4.3
Other countries, total	155.7	+1.1	+10.2
Grand total	841.0	+13.2	+5.2

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