Kesko's sales in August 2009

Kesko's sales in August 2009

ID: 5755

(Thomson Reuters ONE) - KESKO CORPORATION STOCK EXCHANGE RELEASE 14.09.2009 AT 09.00 1(2)The Kesko Group's sales from continuing operations in August 2009totalled ?718.6 million (excluding VAT), which is down by 11.0%compared with the previous year. In January-August the sales totalled?5,665.1 million (excluding VAT), which is down by 13.3%.In the food trade, sales in August were ?326.6 million, an increaseof 6.3%. Sales to the K-food store chains were up by 9.8%.In the home and speciality goods trade, sales in August were ?130.4million, down by 6.8%. The sales of household goods developed best.Home technology and furniture sales decreased over the previous year.In the building and home improvement trade, sales in August were?207.5 million, a decrease of 22.1%. Sales in Finland were down by19.5%, which can, above all, be attributed to the decrease in B-to-Bsales and in the sales of agricultural supplies. In foreigncountries, sales decreased by 24.0% in terms of euros, and by 17.3%in terms of local currencies. In the Baltic countries, sales weredown by 38.6%. In Russia, sales dropped by 24.3% in terms of euros,and by 6.0% in terms of the local currency.In the car and machinery trade, VV-Auto's sales in August were ?38.0million, which is down by 43.0% compared with the previous year. Inaddition to the market downturn in the car trade, the salesperformance was affected by the car tax act which came into force inApril, because of which car tax levied on cars after 1 April 2009 isnot included in sales figures. In Finland, new registrations ofpassenger cars dropped by 35.5% in August. Konekesko's sales inAugust were ?29.0 million, down by 30.6%. Sales decreased by 32.0% inFinland and by 29.2% abroad.The Kesko Group's sales in euros, excluding VAT, in August 2009: August 2009 1.1. - 31.8.2009 ? million Change, % ? million Change, %Food trade, total 326.6 6.3 2,540.1 3.8Home and speciality goodstrade, Finland 128.0 -6.0 924.4 -4.4Home and speciality goodstrade, other countries 2.5 -37.0 18.9 -40.3Home and speciality goodstrade, total 130.4 -6.8 943.4 -5.5Building and home improvementtrade, Finland 89.4 -19.5 746.4 -23.0Building and home improvementtrade, other countries 118.1 -24.0 856.3 -26.0Building and home improvementtrade, total 207.5 -22.1 1,602.6 -24.6Car and machinery trade,Finland 51.9 -39.9 565.8 -33.3Car and machinery trade,other countries 14.9 -32.0 117.6 -48.1Car and machinery trade,total 66.8 -38.3 683.4 -36.4Common operations andeliminations -12.8 -104.4Finland, total 582.8 -6.9 4,667.8 -8.8Other countries, total 135.8 -25.2 997.2 -29.8Grand total 718.6 -11.0 5,665.1 -13.3With effect from 1 January 2009, the Kesko Group's reportablesegments are the food trade, the home and speciality goods trade, thebuilding and home improvement trade, and the car and machinery trade(stock exchange release on 12 December 2008).Change, % indicates the change over the corresponding period of theprevious year.In August 2009, the number of selling days in Kesko's wholesale was21, which is the same as in August 2008. The total number of sellingdays in January-August was three less than in the previous year. Thenumber of retail selling days in August was 31, which is the same asin the previous year. The total number of retail selling days inJanuary-August was four less than in the previous year.Kesko publishes advance information about the K-Group's retail salesquarterly, in connection with the interim financial reports.Further information is available from Jukka Erlund, Vice President,Corporate Controller, tel. +358 1053 22338.Kesko CorporationPaavo MoilanenSenior Vice President, Corporate Communications and ResponsibilityDISTRIBUTIONNASDAQ OMX HelsinkiMain news mediawww.kesko.fiThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 14.09.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 5755
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