Kesko's sales increased in October by 7.9%
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.11.2011 AT 09.00 1(2)
The Kesko Group's sales in October 2011, excluding VAT, totalled ?812.6 million,
showing an increase of 7.9%.
In Kesko's food trade, sales in October were ?344.7 million, an increase of
7.7% compared to the previous year. Sales to the K-food store chains were up by
7.9%. The sales of Pirkka products to K-food stores increased by 27.5%.
In the home and speciality goods trade, sales in October were ?140.7 million, an
increase of 2.7% compared to the previous year. The sales of K-citymarket's home
and speciality goods, Intersport Finland as well as Asko and Sotka increased.
In the building and home improvement trade, sales in October were ?251.0
million, an increase of 6.3%. Sales in Finland were up by 11.0%. Sales abroad
increased by 2.6% in terms of euros and by 9.5% in terms of local currencies. In
Russia, sales increased by 11.0% in terms of euros and by 13.1% in terms of the
local currency.
In the car and machinery trade, sales in October were ?94.3 million, an increase
of 26.8%. VV-Auto's sales in October were ?76.2 million, up 30.8%. Konekesko's
sales in October were ?18.3 million, a 12.8% year-on-year increase.
Kesko Group sales in euros, excluding VAT, in October 2011:
October 2011 1.1. - 31.10.2011
? million Change, % ? million Change, %
Food trade, total 344.7 7.7 3,447.0 7.0
Home and speciality goods trade, total 140.7 2.7 1,216.9 0.0
Building and home improvement trade, 116.0 11.0 1,077.6 6.6
Finland
Building and home improvement trade, 135.0 2.6 1,287.9 10.0
other countries
Building and home improvement trade, 251.0 6.3 2,365.5 8.4
total
Car and machinery trade, total 94.3 26.8 1,022.4 21.5
Common operations and eliminations -18.1 -145.7
Grand total 812.6 7.9 7,906.1 7.9
Finland, total 670.6 8.7 6,503.9 7.4
Other countries, total 142.0 3.9 1,402.2 10.3
Grand total 812.6 7.9 7,906.1 7.9
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 October 2011, the number of selling days in Kesko's wholesale in Finland was
21, which was the same as in the previous year. The total number of selling days
in January-October was one more than in the previous year. The number of retail
selling days in October was 31, which was the same as in the previous year. The
total number of retail selling days in January-October 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
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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#1563389]
Unternehmensinformation / Kurzprofil:
Datum: 14.11.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 87223
Anzahl Zeichen: 4580
contact information:
Town:
Kesko
Kategorie:
Business News
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