Timing of Easter caused Kesko's sales to decline in April

KESKO CORPORATION STOCK EXCHANGE RELEASE 18.05.2015 AT 09.00 1(2) Timing of Easter caused Kesko's sales to decline in April Kesko Group's sales in April 2015 totalled EUR764.3 million. In comparable terms excluding Anttila, sales decreased by 3.9% in local currencies. Sales performance was impacted by the timing of Easter wholesale sales in March in contrast to the previous year. In Kesko's grocery trade, sales in April were EUR390.4 million, a decrease of 6...

KESKO CORPORATION STOCK EXCHANGE RELEASE 18.05.2015 AT 09.00 1(2)

 

Timing of Easter caused Kesko's sales to decline in April

 

Kesko Group's sales in April 2015 totalled EUR764.3 million. In comparable terms excluding Anttila, sales decreased by 3.9% in local currencies. Sales performance was impacted by the timing of Easter wholesale sales in March in contrast to the previous year.

 

In Kesko's grocery trade, sales in April were EUR390.4 million, a decrease of 6.3% from the previous year.

 

In the home improvement and speciality goods trade, sales in April were EUR276.1 million, and in terms of local currencies, comparable sales excluding Anttila decreased by 1.5%. In Finland, comparable sales decreased by 4.4%. Outside Finland, comparable sales grew by 2.2% in local currencies.

 

In the car and machinery trade, sales in April were EUR96.8 million, a decrease of 2.1%. VV-Auto's sales in April were EUR66.9 million, down 1.7% from the previous year. Konekesko's sales in April were EUR29.8 million, a decrease of 3.1% from the previous year.

 

Kesko Group's sales in euros, excluding VAT, in April 2015:

 

	April	2015	Change, %
	EUR million	Change, %	in local currencies excluding Anttila
Grocery trade, total	390.4	-6.3	-6.0
Home improvement and speciality goods trade, Finland	151.7	-15.1	-4.4
Home improvement and speciality goods trade, other countries	124.3	-3.0	+2.2
Home improvement and speciality goods trade, total	276.1	-10.0	-1.5
Car and machinery trade, total	96.8	-2.1	-2.1
Common operations and eliminations	1.1
Grand total	764.3	-6.9	-3.9
Finland, total	618.8	-8.0	-5.5
Other countries, total	145.5	-2.1	+3.4
Grand total	764.3	-6.9	-3.9

 

Kesko Group's sales in euros, excluding VAT, in January - April 2015:

 

	1.1.	- 30.4.2015	Change, %
	EUR million	Change, %	in local currencies excluding Anttila
Grocery trade, total	1,506.3	-1.4	-0.6
Home improvement and speciality goods trade, Finland	591.7	-8.8	-2.5
Home improvement and speciality goods trade, other countries	419.2	-3.3	+5.5
Home improvement and speciality goods trade, total	1,010.9	-6.6	+1.0
Car and machinery trade, total	361.6	-4.1	-4.1
Common operations and eliminations	-2.3
Grand total	2,876.5	-3.4	-0.6
Finland, total	2,398.1	-3.2	-1.8
Other countries, total	478.3	-4.6	+5.3
Grand total	2,876.5	-3.4	-0.6

 

Change, % indicates the change compared to the corresponding period of the previous year.

 

In April 2015, the number of selling days in Kesko's wholesale in Finland was 20, which was the same as in the previous year. The total number of selling days in January- April was the same as in the previous year. The number of retail selling days in April was 27, which was the same as in the previous year. The total number of retail selling days in January-April was the same as in the previous year.

 

Kesko releases advance information on the K-Group's retail sales quarterly, in connection with interim reports.

 

 

Further information is available from Vice President, Group Controller Eva Kaukinen, tel. +358 105 322 338.

 

 

Kesko Corporation

 

 

 

Merja Haverinen

Vice President, Group Communications

 

 

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