Kesko's sales in February increased by 11.2%

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.03.2012 AT 09.00 1(2) The Kesko Group's sales in February 2012, excluding VAT, totalled EUR729.9 million, showing an increase of 11.2%. In Kesko's food trade, sales in February were EUR332.7 million, an increase of 9.7% compared to the previous year. Sales to the K-food store chains were up by 9.3%. The sales of Pirkka products to K-food stores increased by 25.3%. The sales of Kespro Ltd grew by 12.4%...

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.03.2012 AT 09.00 1(2)

 

The Kesko Group's sales in February 2012, excluding VAT, totalled EUR729.9 million, showing an increase of 11.2%.

 

In Kesko's food trade, sales in February were EUR332.7 million, an increase of 9.7% compared to the previous year. Sales to the K-food store chains were up by 9.3%. The sales of Pirkka products to K-food stores increased by 25.3%. The sales of Kespro Ltd grew by 12.4%.

 

In the home and speciality goods trade, sales in February were EUR108.4 million, an increase of 8.0%. The best sales growth was achieved by K-citymarket's home and speciality goods and Intersport.

 

In the building and home improvement trade, sales in February were EUR203.2 million, an increase of 13.3%. Sales in Finland were up by 15.4%. Sales abroad increased by 11.4% in terms of euros, in Russia by 21.1%.

 

In the car and machinery trade, sales in February were EUR98.6 million, an increase of 16.8%. VV-Auto's sales in February were EUR78.4 million, up 21.4%. Konekesko's sales in February were EUR20.4 million, showing a 2.2% year-on-year increase.

 

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

 

	February	2012	1.1. -	29.2.2012
	EUR million	Change, %	EUR million	Change, %
Food trade, total	332.7	9.7	644.1	8.2
Home and speciality goods trade, total	108.4	8.0	234.5	4.5
Building and home improvement trade, Finland	101.0	15.4	180.9	9.6
Building and home improvement trade, other countries	102.3	11.4	203.1	12.2
Building and home improvement trade, total	203.2	13.3	383.9	10.9
Car and machinery trade, total	98.6	16.8	213.9	15.3
Common operations and eliminations	-13.1		-26.2
Grand total	729.9	11.2	1,450.2	9.2
Finland, total	619.4	10.7	1,229.7	8.0
Other countries, total	110.5	14.0	220.5	15.9
Grand total	729.9	11.2	1,450.2	9.2

 

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

 

In February 2012, the number of selling days in Kesko's wholesale in Finland was 21, which was one more than in the previous year. The total number of selling days in January-February was two more than in the previous year. The number of retail selling days in February was 29, which was one more than in the previous year. The total number of retail selling days in January-February 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
Senior Vice President, Corporate Communications and Responsibility

 

 

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