Kesko's sales increased in June by 4.9%

Kesko's sales increased in June by 4.9%

ID: 56389

(Thomson Reuters ONE) -


KESKO CORPORATION STOCK EXCHANGE RELEASE 14.07.2011 AT 09.00 1(2)

The Kesko Group's sales in June 2011, excluding VAT, totalled ?843.2 million,
showing an increase of 4.9%.

In Kesko's food trade, sales in June were ?376.4 million, an increase of 9.6%
compared to the previous year. Sales to the K-food store chains were up by
10.6%. Sales of Pirkka products in K-food stores increased by 30.8%.

In the home and speciality goods trade, sales in June were ?112.3 million, a
decrease of 0.4% compared to the previous year. K-citymarket's sales of home and
speciality goods as well as sales of furniture and footwear increased.

In the building and home improvement trade, sales in June were ?253.7 million,
an increase of 0.3%. Sales in Finland were down by 4.6%. Sales abroad increased
by 4.2% in terms of euros and by 7.4% in terms of local currencies. In the
Baltic countries, sales were up by 13.1%. In Russia, sales increased by 14.5% in
terms of euros and by 19.3% in terms of the local currency.

In the car and machinery trade, sales in June were ?115.3 million, an increase
of 6.2%. VV-Auto's sales in June were ?73.7 million, up 3.5%. Konekesko's sales
in June were ?41.6 million, an increase of 11.1%. Sales development was
particularly good in the agricultural machinery trade.

Kesko Group sales in euros, excluding VAT, in June 2011:
  June  2011 1.1. - 30.6.2011

  ? million Change, % ? million Change, %

Food trade, total 376.4 9.6 2,042.5 7.3

Home and speciality goods trade, total 112.3 -0.4 695.0 -0.3

Building and home improvement trade, 105.4 -4.6 639.2 5.9
Finland

Building and home improvement trade, 148.3 4.2 720.6 13.7




other countries

Building and home improvement trade, 253.7 0.3 1,359.9 9.9
total

Car and machinery trade, total 115.3 6.2 634.1 16.0

Common operations and eliminations -14.4   -85.1

Grand total 843.2 4.9 4,646.4 8.0



Finland, total 674.4 3.7 3,865.6 7.2

Other countries, total 168.8 9.7 780.7 12.1

Grand total 843.2 4.9 4,646.4 8.0


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 June 2011, the number of selling days in Kesko's wholesale in Finland was
20, which was one less than in the previous year. The total number of selling
days in January-June was one more than in the previous year. The number of
retail selling days in June was 27, which was two less than in the previous
year. The total number of retail selling days in January-June was the same as in
the previous year.

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
NASDAQ OMX Helsinki
Main news media
www.kesko.fi










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originality of the information contained therein.

Source: Kesko Oyj via Thomson Reuters ONE

[HUG#1530946]


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Bereitgestellt von Benutzer: hugin
Datum: 14.07.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 56389
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