Timing of Easter caused Kesko's sales to decline in April
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE RELEASE 18.05.2015 AT 09.00 1(2)
Timing of Easter caused Kesko's sales to decline in April
Kesko Group's sales in April 2015 totalled ?764.3 million. In comparable terms
excluding Anttila, sales decreased by 3.9% in local currencies. Sales
performance was impacted by the timing of Easter wholesale sales in March in
contrast to the previous year.
In Kesko's grocery trade, sales in April were ?390.4 million, a decrease of
6.3% from the previous year.
In the home improvement and speciality goods trade, sales in April were ?276.1
million, and in terms of local currencies, comparable sales excluding Anttila
decreased by 1.5%. In Finland, comparable sales decreased by 4.4%. Outside
Finland, comparable sales grew by 2.2% in local currencies.
In the car and machinery trade, sales in April were ?96.8 million, a decrease of
2.1%. VV-Auto's sales in April were ?66.9 million, down 1.7% from the previous
year. Konekesko's sales in April were ?29.8 million, a decrease of 3.1% from the
previous year.
Kesko Group's sales in euros, excluding VAT, in April 2015:
April 2015 Change, %
? million Change, % in local currencies
excluding Anttila
Grocery trade, total 390.4 -6.3 -6.0
Home improvement and speciality
goods trade, Finland 151.7 -15.1 -4.4
Home improvement and speciality
goods trade, other countries 124.3 -3.0 +2.2
Home improvement and speciality
goods trade, total 276.1 -10.0 -1.5
Car and machinery trade, total 96.8 -2.1 -2.1
Common operations and
eliminations 1.1
Grand total 764.3 -6.9 -3.9
Finland, total 618.8 -8.0 -5.5
Other countries, total 145.5 -2.1 +3.4
Grand total 764.3 -6.9 -3.9
Kesko Group's sales in euros, excluding VAT, in January - April 2015:
1.1. - 30.4.2015 Change, %
? million Change, % in local currencies
excluding Anttila
Grocery trade, total 1,506.3 -1.4 -0.6
Home improvement and
speciality goods trade, 591.7 -8.8 -2.5
Finland
Home improvement and
speciality goods trade, other 419.2 -3.3 +5.5
countries
Home improvement and
speciality goods trade, total 1,010.9 -6.6 +1.0
Car and machinery trade, total 361.6 -4.1 -4.1
Common operations and
eliminations -2.3
Grand total 2,876.5 -3.4 -0.6
Finland, total 2,398.1 -3.2 -1.8
Other countries, total 478.3 -4.6 +5.3
Grand total 2,876.5 -3.4 -0.6
Change, % indicates the change compared to the corresponding period of the
previous year.
In April 2015, 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 selling days
in January- April was the same as in the previous year. The number of retail
selling days in April was 27, which was the same as in the previous year. The
total number of retail selling days in January-April was the same as in the
previous year.
Kesko releases advance information on the K-Group's retail sales quarterly, in
connection with interim reports.
Further information is available from Vice President, Group Controller Eva
Kaukinen, tel. +358 105 322 338.
Kesko Corporation
Merja Haverinen
Vice President, Group Communications
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main news media
www.kesko.fi
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(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 GlobeNewswire
[HUG#1921997]
Unternehmensinformation / Kurzprofil:
Datum: 18.05.2015 - 08:02 Uhr
Sprache: Deutsch
News-ID 393869
Anzahl Zeichen: 5594
contact information:
Town:
Kesko
Kategorie:
Business News
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"Timing of Easter caused Kesko's sales to decline in April"
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