Kesko's sales increased in April by 8.1%
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE RELEASE 13.05.2011 AT 09.00 1(2)
The Kesko Group's sales in April 2011, excluding VAT, totalled ?810.6 million,
showing an increase of 8.1%.
In the food trade, sales in April were ?356.1 million, an increase of 13.0%
compared to the previous year. Sales to the K-food store chains were up by
15.5%. The sales performance was partly attributable to Easter season sales
falling in March in the comparative year. The sales of Pirkka products increased
in April by 37.0%.
In the home and speciality goods trade, sales in April were ?111.4 million, a
decrease of 0.3% compared to the previous year. The sales of the Asko and Sotka
chains and K-citymarket home and speciality goods increased.
In the building and home improvement trade, sales in April were ?241.6 million,
an increase of 2.1%. Sales in Finland were down by 5.1%. Sales abroad increased
by 9.8% in terms of euros and by 8.5% in terms of local currencies. In the
Baltic countries, sales were up by 5.5%. In Russia, sales increased by 12.7% in
terms of euros and by 14.9% in terms of the local currency.
In the car and machinery trade, sales in April were ?114.8 million, a comparable
increase of 19.4%. VV-Auto's sales in April were ?78.4 million, up 13.3%.
Konekesko's sales in April were ?36.4 million, an increase of 21.3%. Sales
development was particularly good in the agricultural machinery trade.
Konekesko's comparable sales growth was 34.5%.The discontinued Baltic grain and
agricultural inputs trade has been eliminated from the comparable sales.
Kesko Group sales in euros, excluding VAT, in April 2011:
April 2011 1.1. - 30.4.2011
? million Change, % ? million Change, %
Food trade, total 356.1 13.0 1,312.2 6.3
Home and speciality goods trade, total 111.4 -0.3 463.2 -1.6
Building and home improvement trade, 116.5 -5.1 400.8 6.4
Finland
Building and home improvement trade, 125.1 9.8 421.0 15.9
other countries*)
Building and home improvement trade, 241.6 2.1 821.8 11.1
total
Car and machinery trade, total 114.8 15.8 400.5 17.7
Common operations and eliminations -13.3 -54.9
Grand total 810.6 8.1 2,942.8 7.7
Finland, total 673.8 7.8 2,493.2 7.0
Other countries, total 136.8 9.9 449.6 12.0
Grand total 810.6 8.1 2,942.8 7.7
Change, % indicates the change over the corresponding period of the previous
year.
*) The reporting of the sales and sales adjustments of the foreign operations of
the building and home improvement trade has been harmonised, and sales
performance has been calculated based on comparable sales figures.
In April 2011, the number of selling days in Kesko's wholesale in Finland was
19, which was one less than in the previous year. The total number of wholesale
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.
The sales from operations in Finland presented in this release include the
export sales of the companies in Finland (previously exports were included in
the sales of other countries). The comparative figures have been restated to
reflect the change in presentation.
Kesko releases advance information on the K-Group's retail sales quarterly, in
connection with the interim reports.
Further information is available from Vice President, Corporate Controller Eva
Kaukinen, tel. +358 1053 22338.
Kesko Corporation
Merja Haverinen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
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Main news media
www.kesko.fi
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(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 Thomson Reuters ONE
[HUG#1515604]
Unternehmensinformation / Kurzprofil:
Datum: 13.05.2011 - 08:01 Uhr
Sprache: Deutsch
News-ID 54638
Anzahl Zeichen: 5261
contact information:
Town:
Kesko
Kategorie:
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