Kesko's sales increased in February

KESKO PRESS RELEASE 14.03.2017 AT 09.00 1(2)

 

Kesko's sales increased in February

Kesko Group's sales in February 2017 totalled €813.5 million, and were up 23.9%. In comparable terms, excluding the impact of business arrangements, sales in local currencies decreased by 1.7%. There was one less delivery day than in the previous year.

"Kesko's sales continued to increase in February due to acquisitions. Sales performance in the grocery trade and in the building and technical trade was weakened by the fact that there was one less delivery day than in the previous year," says Kesko's President and CEO Mikko Helander.

The sales of the grocery trade in February were €387.5 million, representing an increase of 9.0%. Suomen Lähikauppa excluded, the sales of the grocery trade were €337.2 million, and the comparable change in sales was -3.0%.

The sales of the building and technical trade in February were €351.0 million, up 49.8%. Onninen excluded, the sales of the building and technical trade were €236.0 million, down 2.4% in local currencies. In Finland, sales were down by 0.6% excluding Onninen. Outside Finland, sales in local currencies decreased by 4.9% excluding Onninen. The sales of the building and home improvement trade in local currencies were down by 0.3%. The sales of the leisure goods trade in Finland grew by 3.6%, the sales of the agricultural and machinery trade decreased by 6.3% and the sales of the furniture trade were down by 5.2%.

The sales of the car trade in February were €76.3 million, up 13.2% from the previous year. AutoCarrera excluded, the sales of the car trade were €72.8 million, representing a comparable change of +8.0%.

Kesko Group's sales in euros, excluding VAT, in February 2017:

	February 2017		Comparable
	€ million	Change, %	change, %
Grocery trade, total	387.5	+9.0	-3.0
Building and technical trade, Finland	193.6	+40.3	-0.6
Building and technical trade, other countries	157.7	+63.5	-4.9
Building and technical trade, total	351.0	+49.8	-2.4
Car trade, total	76.3	+13.2	+8.0
Common functions and eliminations	-1.3
Grand total	813.5	+23.9	-1.7
Finland, total	656.1	+18.8	-1.2
Other countries, total	157.4	+50.8	-4.9
Grand total	813.5	+23.9	-1.7

Kesko Group's sales in euros, excluding VAT, in January-February 2017: