Kesko's February sales growth 9.7%
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.03.2011 AT 09.00 1(2)
The Kesko Group's sales in February 2011, excluding VAT, totalled ?656.5
million, an increase of 9.7%.
In the food trade, sales in February were ?303.2 million, an increase of 6.7%.
Sales to the K-food store chains were up by 7.4%.
In the home and speciality goods trade, sales in February were ?100.4 million, a
decrease of 3.6% compared to the previous year. The sales of the Asko and Sotka
chains increased.
In the building and home improvement trade, sales in February were ?179.3
million, an increase of 15.3%. Sales in Finland were up by 11.3%. Sales abroad
increased by 19.5% in terms of euros and by 15.4% in terms of local currencies.
In the Baltic countries, sales were up by 21.5%. In Russia, sales increased by
28.6% in terms of euros and by 24.4% in terms of the local currency.
In the car and machinery trade, sales in February were ?84.4 million, a
comparable increase of 31.8%. VV-Auto's sales in February were ?64.6 million, up
35.7%. Konekesko's sales in February were ?20.0 million, an increase of 2.7%.
Konekesko's comparable sales growth was 20.4%.The discontinued Baltic grain and
agricultural inputs trade has been eliminated from the comparable sales.
Kesko Group sales in euros, excluding VAT, in February 2011:
February 2011 1.1. - 28.2.2011
? million Change, % ? million Change, %
Food trade, total 303.2 6.7 595.4 6.9
Home and speciality goods trade, total 100.4 -3.6 224.5 -1.1
Building and home improvement trade, 87.5 11.3 165.1 11.9
Finland
Building and home improvement trade, 91.8 19.5 181.0 19.1
other countries*)
Building and home improvement trade, 179.3 15.3 346.1 15.5
total
Car and machinery trade, total 84.4 26.2 185.5 19.1
Common operations and eliminations -10.9 -22.8
Grand total 656.5 9.7 1,328.6 9.3
Finland, total 559.6 8.7 1,138.3 9.0
Other countries, total 96.9 15.4 190.3 10.8
Grand total 656.5 9.7 1,328.6 9.3
Change, % indicates the change over the corresponding period of the previous
year.
*) The reporting of the sales and sales adjustments of the foreign operations of
the building and home improvement trade has been harmonised, and sales
performance has been calculated based on comparable sales figures.
In February 2011, the number of selling days in Kesko's wholesale in Finland was
20, which was the same as in the previous year. The total number of wholesale
selling days in January-February was one more than in the previous year. The
number of retail selling days in February was 28, which was the same as in the
previous year. The total number of retail selling days in January-February was
the same as in the previous year.
The sales from operations in Finland presented in this release include the
export sales of the companies in Finland (previously exports were included in
the sales of other countries). The comparative figures have been restated to
reflect the change in presentation.
Kesko releases advance information on the K-Group's retail sales quarterly, in
connection with the interim reports.
Further information is available from Vice President, Corporate Controller Eva
Kaukinen, tel. +358 1053 22338.
Kesko Corporation
Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
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Main news media
www.kesko.fi
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kesko Oyj via Thomson Reuters ONE
[HUG#1496586]
Unternehmensinformation / Kurzprofil:
Datum: 14.03.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 52401
Anzahl Zeichen: 4944
contact information:
Town:
Kesko
Kategorie:
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