Kesko's sales in October 2009
(Thomson Reuters ONE) - KESKO CORPORATION STOCK EXCHANGE RELEASE 13.11.2009 AT 9.00 1(2)The Kesko Group's sales from continuing operations in October 2009totalled ?725.7 million (excluding VAT), which is down by 13.9%compared with the previous year. In January-October the salestotalled ?7,112.0 million (excluding VAT), which is down by 13.4%.In the food trade, sales in October were ?323.5 million, a decreaseof 5.5%. Sales to the K-food store chains were down by 3.1%. Thenumber of selling days in October 2009 was one less than in theprevious year.In the home and speciality goods trade, sales in October were ?139.3million, an increase of 2.0%. The sales of clothing developed best.In the building and home improvement trade, sales in October were?201.4 million, a decrease of 22.5%. Sales in Finland were down by24.6%, 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 20.8% in terms of euros, and by 17.5%in terms of local currencies. In the Baltic countries, sales weredown by 42.6%. In Russia, sales dropped by 22.6% in terms of euros,and by 4.8% in terms of the local currency.In the car and machinery trade, VV-Auto's sales in October were ?48.1million, which is down by 33.6% 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. The share of passenger cars importedby VV-Auto out of new registrations was 18.5% (17.9%) in October.Konekesko's sales in October were ?30.4 million, down by 39.8%. Salesdecreased by 30.6% in Finland and by 45.2% in foreign countries as aresult of the weakened machinery market and the downsizing of theBaltic agricultural trade.The Kesko Group's sales in euros, excluding VAT, in October 2009: October 2009 1.1. - 31.10.2009 ? million Change,% ? million Change,%Food trade, total 323.5 -5.5 3,185.0 2.5Home and speciality goods 136.9 3.0 1,186.6 -3.4trade, FinlandHome and speciality goods 2.4 -34.7 23.7 -39.9trade, other countriesHome and speciality goods 139.3 2.0 1,210.3 -4.5trade, totalBuilding and home improvement 87.3 -24.6 928.5 -22.8trade, FinlandBuilding and home improvement 114.1 -20.8 1,089.3 -25.1trade, other countriesBuilding and home improvement 201.4 -22.5 2,017.8 -24.1trade, totalCar and machinery trade, 59.8 -33.0 688.5 -33.4FinlandCar and machinery trade, 18.6 -44.6 149.1 -49.1other countriesCar and machinery trade, 78.4 -36.2 837.6 -36.9totalCommon operations and -17.0 -138.7eliminationsFinland, total 589.9 -10.7 5,844.2 -8.9Other countries, total 135.8 -25.5 1,267.8 -29.3Grand total 725.7 -13.9 7,112.0 -13.4With 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 October 2009, the number of selling days in Kesko's wholesale was22, which is one less than in October 2008. The total number ofselling days in January-October was four less than in the previousyear. The number of retail selling days in October was 26, which isone less than in the previous year. The total number of retailselling days in January-October was five less than in the previousyear.Kesko publishes advance information about the K-Group's retail salesquarterly, in connection with the interim financial reports.Further information is available from CFO Arja Talma, tel. +358 105322113.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.
Datum: 13.11.2009 - 08:00 Uhr
Sprache: Deutsch
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