Kesko's sales in November 2009
(Thomson Reuters ONE) - KESKO CORPORATION STOCK EXCHANGE RELEASE 14.12.2009 AT 09.00 1(2)The Kesko Group's sales from continuing operations in November 2009totalled ?689.7 million (excluding VAT), which is down by 4.3%compared with the previous year. In January-November the salestotalled ?7,801.7 million (excluding VAT), which is down by 12.6%.In the food trade, sales in November were ?306.0 million, an increaseof 2.2%. Sales to the K-food store chains were up by 6.2%.In the home and speciality goods trade, sales in November were ?144.1million, a decrease of 1.3%. The sales of home decoration productsdeveloped best. In home electronics and clothing, sales fell comparedto the previous year.In the building and home improvement trade, sales in November were?179.5 million, a decrease of 11.6%. Sales in Finland were down by9.9%, which is attributable to the decrease in B-to-B sales and inthe sales of agricultural supplies. In foreign countries, salesdecreased by 12.8% in terms of euros, and by 10.6% in terms of localcurrencies. In the Baltic countries, sales were down by 40.7%. InRussia, sales dropped by 21.6% in terms of euros, and by 3.1% interms of local currency.In the car and machinery trade, VV-Auto's sales in November were?45.6 million, down 0.7%. The sales performance was affected by thecar tax act which came into force in April, because of which car taxlevied on cars after 1 April 2009 is not included in sales figures.The passenger cars imported by VV-Auto accounted for 17.1% (17.6%) ofnew registrations. Konekesko's sales in November were ?29.0 million,down 30.1%. Sales decreased by 19.6% in Finland and by 37.1% inforeign countries as a result of the weakened machinery market andthe downsizing of the Baltic agricultural trade.The Kesko Group's sales in euros, excluding VAT, in November 2009: November 2009 1.1. - 30.11.2009 ? million Change,% ? million Change,%Food trade, total 306.0 2.2 3,491.0 2.5Home and speciality goodstrade, Finland 142.3 -0.4 1,328.9 -3.1Home and speciality goodstrade, other countries 1.9 -40.7 25.6 -40.0Home and speciality goodstrade, total 144.1 -1.3 1,354.5 -4.2Building and home improvementtrade, Finland 75.9 -9.9 1,004.4 -22.0Building and home improvementtrade, other countries 103.7 -12.8 1,193.0 -24.2Building and home improvementtrade, total 179.5 -11.6 2,197.3 -23.2Car and machinery trade,Finland 58.5 -5.4 746.9 -31.8Car and machinery trade,other countries 16.1 -36.7 165.3 -48.1Car and machinery trade,total 74.6 -14.5 912.2 -35.5Common operations andeliminations -14.6 -153.2Finland, total 567.5 -0.8 6,411.7 -8.3Other countries, total 122.3 -17.5 1,390.0 -28.4Grand total 689.7 -4.3 7,801.7 -12.6With 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 November 2009, the number of selling days in Kesko's wholesale was21, which is one more than in November 2008. The total number ofselling days in January-November was three less than in the previousyear. The number of retail selling days in November was 29, which isone more than in the previous year. The total number of retailselling days in January-November was four 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 Vice President, CorporateController Jukka Erlund, 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.
Bereitgestellt von Benutzer: hugin
Datum: 14.12.2009 - 08:01 Uhr
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