Kesko's sales in March 2010
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE RELEASE 16.04.2010 AT 09.00 1(2)
The Kesko Group's sales, excluding VAT, totalled ?764.8 million in March 2010,
which matched the level of the previous year.
In the food trade, sales in March were ?362.1 million, an increase of 11.3%. The
sales to the K-food store chains were up by 14.2%.
In the home and speciality goods trade, sales in March were ?132.0 million, an
increase of 3.7%. Sales of interior decoration and clothing items developed
best.
In the building and home improvement trade, sales in March were ?202.4 million,
a decrease of 6.3%. Sales in Finland were down by 8.0%, due to a decline in the
sales of agricultural supplies. In other countries, sales decreased by 4.5% in
terms of euros, and by 11.0% in terms of local currencies. In the Baltic
countries, sales were down by 26.5%. In Russia, sales increased by 7.2% in terms
of euros and decreased by 4.3% in terms of the local currency.
In the car and machinery trade, VV-Auto's sales in March were ?61.2 million, a
decrease of 20.0%. Sales development was affected by the car tax reform, as a
result of which the car tax levied on cars after 4 April 2009 is excluded from
the net sales. Stevedores' strike in March also had a negative impact on sales.
In Finland, total registrations of new passenger cars declined by 15.2% in
March. Konekesko's sales in March were ?24.2 million, down 30.5%, because of the
downsizing of the Baltic agricultural trade.
March 2010 1.1. - 31.3.2010
? million Change,% ? million Change,%
Food trade, total 362.1 11.3 918.9 2.7
Home and speciality goods trade, Finland 129.6 3.9 352.4 3.1
Home and speciality goods trade, other 2.4 -7.6 6.6 -19.0
countries
Home and speciality goods trade, total 132.0 3.7 359.0 2.6
Building and home improvement trade, 105.6 -8.0 252.2 -5.6
Finland
Building and home improvement trade, 96.8 -4.5 247.5 -7.9
other countries
Building and home improvement trade, 202.4 -6.3 499.6 -6.7
total
Car and machinery trade, Finland 75.9 -19.5 210.0 -20.3
Car and machinery trade, other countries 9.5 -44.2 31.0 -18.1
Car and machinery trade, total 85.4 -23.3 241.1 -20.0
Common operations and eliminations -17.0 -40.4
Finland, total 655.5 2.0 1,691.6 -1.9
Other countries, total 109.3 -10.1 286.6 -9.4
Grand total 764.8 0.1 1,978.2 -3.0
Change,% indicates the change over the corresponding period of the previous
year.
In March 2010, the number of selling days in Kesko's wholesale was 23, which is
one more than in March 2009. The total number of selling days in January-March
was the same as in the previous year. The number of retail selling days in March
was 31, which is five more than in the previous year. The total number of retail
selling days in January- March was thirteen more than in the previous year.
Kesko publishes advance information about the K-Group's retail sales quarterly,
in connection with the interim reports.
Further information is available from Vice President, Corporate Controller Jukka
Erlund, tel. +358 1053 22338.
Kesko Corporation
Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
[HUG#1404400]
Unternehmensinformation / Kurzprofil:
Datum: 16.04.2010 - 08:01 Uhr
Sprache: Deutsch
News-ID 19151
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