Kesko's sales in November 2012

KESKO CORPORATION STOCK EXCHANGE RELASE 17.12.2012 AT 09.00 1(2) The Kesko Group's sales in November 2012, excluding VAT, totalled EUR809.9 million, showing a decrease of 1.5%. In Kesko's food trade, sales in November were EUR371.4 million, an increase of 2.2%. Sales to K-food store chains were up 0.6%. Kespro's sales grew by 7.9%. In the home and speciality goods trade, sales in November were EUR136.0 million, a decrease of 5.5%...

KESKO CORPORATION STOCK EXCHANGE RELASE 17.12.2012 AT 09.00 1(2)

 

The Kesko Group's sales in November 2012, excluding VAT, totalled EUR809.9 million, showing a decrease of 1.5%.

 

In Kesko's food trade, sales in November were EUR371.4 million, an increase of 2.2%. Sales to K-food store chains were up 0.6%. Kespro's sales grew by 7.9%.

 

In the home and speciality goods trade, sales in November were EUR136.0 million, a decrease of 5.5%. Lower sales compared to the previous year are due to the decline of home technology sales in Anttila, K-citymarket and Musta Pörssi.

 

In the building and home improvement trade, sales in November were EUR234.7 million, an increase of 1.7%. Sales in Finland were down 4.1%. Sales abroad increased by 6.2% in terms of euros. In Russia, sales increased by 17.6% in terms of euros.

 

In the car and machinery trade, sales in November were EUR81.8 million, a decrease of 16.9%. VV-Auto's sales in November were EUR63.2 million, down 18.5% due to a decline of the passenger car and van market after the car tax change. Konekesko's sales in November were EUR18.6 million, a decrease of 11.9% from the previous year.

 

Kesko Group sales in euros, excluding VAT, in November 2012:

	November	2012	1.1. -	30.11.2012
	EUR million	Change, %	EUR million	Change, %
Food trade, total	371.4	2.2	3,961.1	4.0
Home and speciality goods trade, total	136.0	-5.5	1,407.9	3.5
Building and home improvement trade, Finland	97.2	-4.1	1,187.6	0.7
Building and home improvement trade, other countries	137.4	6.2	1,529.9	7.9
Building and home improvement trade, total	234.7	1.7	2,717.5	4.7
Car and machinery trade, total	81.8	-16.9	1,069.1	-4.6
Common operations and eliminations	-14.0		-154.0
Grand total
Finland, total	663.7	-2.9	7,321.3	1.9
Other countries, total	146.2	5.0	1,680.4	9.0
Grand total	809.9	-1.5	9,001.6	3.1

 

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

 

In November 2012, the number of selling days in Kesko's wholesale in Finland was 22, which was the same as in the previous year. The total number of selling days in January-November was one more than in the previous year. The number of retail selling days in November was 28, which was the same as in the previous year. The total number of retail selling days in January-November was one more than 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
Vice President, Corporate Communications

 

 

DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi

 

Copyright Thomson Reuters

Regulatory News
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(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: %s via Thomson Reuters ONE


[HUG#1665512]