Kesko's sales increased in March
(Thomson Reuters ONE) -
KESKO PRESS RELEASE 19.04.2017 AT 09.00 1(2)
Kesko's sales increased in March
Kesko Group's sales in March 2017 totalled ?1,003.8 million, and were up 30.5%.
In comparable terms, excluding the impact of business arrangements, sales in
local currencies increased by 4.9%. There were two more delivery days than in
the previous year.
"Kesko's sales in March increased in all divisions. Growth was significantly
strengthened by the acquisitions of Suomen Lähikauppa, Onninen and AutoCarrera.
In March, comparable sales performance as well was good in both the grocery
trade, the building and technical trade and the car trade," says Kesko's
President and CEO Mikko Helander.
The sales of the grocery trade in March were ?467.8 million, representing an
increase of 13.1%. Excluding the impact of the acquisition of Suomen Lähikauppa,
the sales of the grocery trade were ?408.6 million, and the comparable change in
sales was +1.1%.
The sales of the building and technical trade in March were ?453.5 million, up
61.3%. Onninen excluded, the sales of the building and technical trade were
?315.5 million, up 10.2% in local currencies. In Finland, sales were up by 8.8%
excluding Onninen. Outside Finland, sales in local currencies increased by
12.3% excluding Onninen. The sales of the building and home improvement trade in
local currencies were up by 13.3%. The sales of the leisure goods trade in
Finland decreased by 5.0%, the sales of the agricultural and machinery trade
increased by 9.3% and the sales of the furniture trade were up by 9.9%.
The sales of the car trade in March were ?82.8 million, up 10.7% from the
previous year. AutoCarrera excluded, the sales of the car trade were ?78.5
million, representing a comparable change of +4.9%.
Kesko Group's sales in euros, excluding VAT, in March 2017:
March 2017 Comparable
? million Change, % change, %
Grocery trade, total 467.8 +13.1 +1.1
Building and technical trade, Finland 244.5 +48.9 +8.8
Building and technical trade, other countries 209.0 +78.5 +12.3
Building and technical trade, total 453.5 +61.3 +10.2
Car trade, total 82.8 +10.7 +4.9
Common functions and eliminations -0.2
Grand total 1,003.8 +30.5 +4.9
Finland, total 794.8 +23.6 +3.5
Other countries, total 209.0 +65.3 +12.3
Grand total 1,003.8 +30.5 +4.9
Kesko Group's sales in euros, excluding VAT, in January-March 2017:
1.1.-31.3.2017 Comparable
? million Change, % change, %
Grocery trade, total 1,254.9 +13.6 +0.1
Building and technical trade, Finland 617.9 +50.6 +6.7
Building and technical trade, other countries 524.3 +73.8 +5.4
Building and technical trade, total 1,142.2 +60.4 +6.1
Car trade, total 249.9 +8.6 +3.2
Common functions and eliminations -2.3
Grand total 2,644.7 +29.2 +2.5
Finland, total 2,120.5 +23.3 +2.0
Other countries, total 524.3 +60.5 +4.9
Grand total 2,644.7 +29.2 +2.5
Change, %, indicates the change compared to the corresponding period of the
previous year. Comparable change, %, indicates the change compared to the
corresponding period of the previous year in local currencies and excluding the
impact of acquisitions and disposals.
In March 2017, the number of selling days in Kesko's wholesale in Finland was
23, which was two more than in the previous year. In January-March 2017, the
number of selling days in Kesko's wholesale in Finland was three more than in
the previous year.
Kesko releases advance information on 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
DISTRIBUTION
Main news media
www.kesko.fi
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kesko Oyj via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 19.04.2017 - 08:01 Uhr
Sprache: Deutsch
News-ID 536951
Anzahl Zeichen: 5768
contact information:
Town:
Kesko
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 138 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Kesko's sales increased in March"
steht unter der journalistisch-redaktionellen Verantwortung von
Kesko Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
