Kesko's sales increased in August

Kesko's sales increased in August

ID: 419713

(Thomson Reuters ONE) -


KESKO CORPORATION STOCK EXCHANGE RELEASE 14.09.2015 AT 09.00 1(2)

Kesko's sales increased in August

Kesko Group's sales in August  2015 totalled ?737.5 million. In comparable terms
excluding Anttila, sales increased by 0.6% in local currencies.

"Kesko's sales continued to increase in August despite the challenging market
situation. Sales development  was particularly strong in the home improvement
and speciality goods trade outside Finland, where the growth was nearly 11%,"
says Kesko's President and CEO Mikko Helander.

In Kesko's grocery trade, sales in August were ?396.3 million, a decrease of
0.6%. In local currencies, sales increased by 0.5%. The downward price trend
continued in Finland.

In the home improvement and speciality goods trade, sales in August were ?285.3
million, and comparable sales excluding Anttila increased by 1.8% in local
currencies. In Finland, comparable sales declined by 7.2% due to decrease in
sales from the previous year in the agricultural and machinery trade. In the
building and home improvement trade, however, sales in Finland remained at the
level of the previous year. Outside Finland, comparable sales grew by 10.8% in
local currencies. In the building and home improvement trade, sales increased by
3.7% in local currencies. In the agricultural and machinery trade, sales
decreased by 5.3%.

In the car trade, sales in August were ?54.7 million, a decrease of 4.8% from
the previous year.

Kesko Group's sales in euros, excluding VAT, in August 2015:

  August 2015 Change, %

  ? million Change, % in local currencies excl.
Anttila

Grocery trade, total 396.3 -0.6 +0.5





Home improvement and 138.5 -20.5 -7.2
speciality goods trade,
Finland

Home improvement and 146.9 -1.6 +10.8
speciality goods trade, other
countries

Home improvement and 285.3 -11.8 +1.8
speciality goods trade, total

Car trade, total 54.7 -4.8 -4.8

Common operations and 1.2
eliminations

Grand total 737.5 -5.3 +0.6



Finland, total 582.5 -6.2 -2.5

Other countries, total 155.0 -1.9 +12.5

Grand total 737.5 -5.3 +0.6


Kesko Group's sales in euros, excluding VAT, in January-August 2015:

  1.1. - 31.8.2015 Change, %

  ? million Change, % in local currencies excl.
Anttila

Grocery trade, total 3,079.6 -1.7 -0.9

Home improvement and 1,225.6 -11.8 -2.1
speciality goods trade,
Finland

Home improvement and 1,062.1 -1.9 +6.6
speciality goods trade, other
countries

Home improvement and 2,287.7 -7.4 +2.0
speciality goods trade, total

Car trade, total 529.3 -3.9 -3.9

Common operations and 3.8
eliminations

Grand total 5,900.4 -4.0 -0.1



Finland, total 4,770.8 -4.4 -2.0

Other countries, total 1,129.6 -1.9 +8.2

Grand total 5,900.4 -4.0 -0.1



Change, %, indicates the change compared to the corresponding period of the
previous year.

In August 2015, the number of selling days in Kesko's wholesale in Finland was
21, which was the same as in the previous year. The total number of selling days
in January-August was the same as in the previous year. The number of retail
selling days in August was 31, which was the same as in the previous year. The
total number of retail selling days in January-August 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#1951736]




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Datum: 14.09.2015 - 08:01 Uhr
Sprache: Deutsch
News-ID 419713
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