Kesko's June sales dropped by 10.1%>
Kesko's June sales dropped by 10.1%
(Thomson Reuters ONE) - KESKO CORPORATION STOCK EXCHANGE RELEASE 14.07.2009 AT 11.00 1(2)The Kesko Group's sales from continuing operations in June 2009totalled ?740.1 million (excluding VAT), which is down by 10.1%compared with the previous year. In January-June the sales totalled?4,218.4 million (excluding VAT), which is down by 13.8%.In the food trade, sales in June were ?335.8 million, an increase of4.0%. Sales to the K-food store chains were up 6.6%.In the home and speciality goods trade, sales in June were ?112.9million, down 2.5%. Anttila's sales were ?35.8 million, down 6.1%.The sales of K-citymarket's home and speciality goods trade were?45.3 million, up 3.7%.In the building and home improvement trade, sales in June were ?225.2million, a decrease of 17.4%. Sales in Finland were down 13.1%. Salesin foreign countries decreased by 20.5% in terms of euros and by12.5% in terms of local currencies. In the Baltic countries, saleswere down 31.8%. In Russia, sales dropped by 10.5% in terms of euros,but increased by 6.3% in terms of the local currency.In the car and machinery trade, VV-Auto's sales in June were ?45.9million, which is down by 36.9% compared with the previous year. Inaddition to the market downturn in the car trade, sales performancewas affected by the car tax act which came into force in April,because of which car tax levied on cars after 1 April 2009 is notincluded in the sales figures. In Finland, new registrations ofpassenger cars dropped by 35.0% in June. Konekesko's sales in Junewere ?34.0 million, down 37.8%. Sales decreased by 31.7% in Finlandand by 43.2% abroad.The Kesko Group's sales in euros, excluding VAT, in June 2009: June 2009 1.1. - 30.6.2009 ? million Change, % ? million Change, %Food trade, total 335.8 4.0 1,882.0 3.6Home and speciality goods 111.1 -2.1 671.1 -4.9trade, FinlandHome and speciality goods 1.8 -21.9 14.3 -41.4trade, other countriesHome and speciality goods 112.9 -2.5 685.4 -6.1trade, totalBuilding and home improvement 99.9 -13.1 567.3 -23.4trade, FinlandBuilding and home improvement 125.3 -20.5 623.4 -26.5trade, other countriesBuilding and home improvement 225.2 -17.4 1,190.7 -25.1trade, totalCar and machinery trade, 62.9 -35.3 453.9 -32.4FinlandCar and machinery trade, 17.0 -43.4 87.1 -49.4other countriesCar and machinery trade, 79.9 -37.2 540.9 -35.8totalCommon operations and -13.7 -80.7eliminationsFinland, total 595.3 -5.9 3,490.2 -9.3Other countries, total 144.8 -24.0 728.2 -30.6Grand total 740.1 -10.1 4,218.4 -13.8With effect from 1 January 2009, the Kesko Group's reportablesegments are the food trade, the home and speciality goods trade, thebuilding and home improvement trade, and the car and machinery trade(stock exchange release on 12 December 2008).Change, % indicates the change over the corresponding period of theprevious year.In June 2009, the number of selling days in Kesko's wholesale was 21,which is one more than in June 2008. The total number of selling daysin January-June was three less than in the previous year. The numberof retail selling days in June was 28, which is the same as in theprevious year. The total number of retail selling days inJanuary-June was four less than in the previous year.Kesko publishes advance information about the K-Group's retail salesquarterly, in connection with the interim financial reports.Further information is available from Jukka Erlund, Vice President,Corporate Controller, tel. +358 1053 22338.Kesko CorporationPaavo MoilanenSenior Vice President, Corporate Communications and ResponsibilityDISTRIBUTIONNASDAQ OMX HelsinkiMain news mediawww.kesko.fiThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 14.07.2009 - 10:00 Uhr
Sprache: Deutsch
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