Kesko's sales in April 2014

KESKO CORPORATION STOCK EXCHANGE RELEASE 15.05.2014 AT 09.00 1(2) Kesko's sales in April 2014 Kesko Group's sales, excluding VAT, in April 2014 totalled EUR821.2 million, up 1.3%. In Kesko's food trade, sales in April were EUR388.5 million, an increase of 10.9% compared to the previous year. The fact that Easter fell in March in the previous year affected sales performance. In the home and speciality goods trade, sales in April were EUR94.4 million, a decrease of 14.3%...

KESKO CORPORATION STOCK EXCHANGE RELEASE 15.05.2014 AT 09.00 1(2)

 

Kesko's sales in April 2014

 

Kesko Group's sales, excluding VAT, in April 2014 totalled EUR821.2 million, up 1.3%.

 

In Kesko's food trade, sales in April were EUR388.5 million, an increase of 10.9% compared to the previous year. The fact that Easter fell in March in the previous year affected sales performance.

 

In the home and speciality goods trade, sales in April were EUR94.4 million, a decrease of 14.3%. Due to the timing of the Easter holidays, the number of selling days in April was two less than in the previous year. Sales performance was especially impacted by a decline in department store sales.

 

In the building and home improvement trade, sales in April were EUR252.9 million, a decrease of 0.5%. In terms of local currencies, sales increased by 3.9%. Sales in Finland decreased by 4.0%. Sales abroad increased by 3.2% in terms of euros and by 12.4% in terms of local currencies. The fact that Easter fell in April had a negative impact on sales performance.

 

In the car and machinery trade, sales in April were EUR98.8 million, a decrease of 8.3%. VV-Auto's sales in April were EUR68.1 million, down 11.8%. Konekesko's sales in April were EUR30.8 million, an increase of 0.6% from the previous year.

 

Kesko Group sales in euros, excluding VAT, in April 2014:

	April	2014	1.1. -	30.04.2014
	EUR million	Change, %	EUR million	Change, %
Food trade, total	388.5	10.9	1,403.7	0.0
Home and speciality goods trade, total	94.4	-14.3	409.0	-10.6
Building and home improvement trade, Finland	127.2	-4.0	423.4	1.2
Building and home improvement trade, other countries	125.7	3.2	422.9	4.2
Building and home improvement trade, total	252.9	-0.5	846.3	2.6
Car and machinery trade, total	98.8	-8.3	377.0	4.3
Common operations and eliminations	-13.4		-57.2
Grand total	821.2	1.3	2,978.9	-0.5
Finland, total	672.6	0.2	2,477.6	-2.2
Other countries, total	148.7	6.9	501.3	8.8
Grand total	821.2	1.3	2,978.9	-0.5

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

 

In April 2014, the number of selling days in Kesko's wholesale in Finland was 20, which was one less than in the previous year. The total number of selling days in January-April was one less than in the previous year. The number of retail selling days in April was 27, which was two less than 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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