Kesko's sales increased in September

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.10.2016 AT 09.00 1(2)

Kesko's sales increased in September

Kesko Group's sales in September 2016 totalled €966.3 million and were up 32.5%. In comparable terms, sales increased by 3.6% in local currencies, excluding the impact of Suomen Lähikauppa and Onninen.

"Kesko's sales continued to grow in September. Comparable sales, too, increased in all divisions," says Kesko's President and CEO Mikko Helander.

The sales of the grocery trade in September were €456.0 million and increased by 17.5%. Suomen Lähikauppa excluded, the sales of the grocery trade were €392.2 million, representing a comparable change of +0.9%.

The sales of the building and technical trade in September were €437.2 million, up 54.5%. Excluding Onninen, the sales of the building and technical trade were €290.1 million, up 2.7% in local currencies. In Finland, sales excluding Onninen were up by 1.4%. Outside Finland, sales excluding Onninen increased by 4.1% in local currencies. The sales of the building and home improvement trade increased by 5.5% in local currencies. The sales of the leisure trade increased by 14.3% in Finland and the sales of the agricultural and machinery trade were down by 8.7%.

The sales of the car trade in September were €74.0 million, up 29.1% from the previous year.

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

	September 2016		Comparable
	€ million	Change, %	change, %
Grocery trade, total	456.0	+17.5	+0.9
Building and technical trade, Finland	222.5	+50.5	+1.4
Building and technical trade, other countries	214.7	+58.9	+4.1
Building and technical trade, total	437.2	+54.5	+2.7
Car trade, total	74.0	+29.1	+29.1
Common functions and eliminations	-0.8
Grand total	966.3	+32.5	+3.6
Finland, total	742.2	+26.4	+3.3
Other countries, total	224.1	+57.3	+5.1
Grand total	966.3	+32.5	+3.6

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