Kesko's sales in March increased by 12.2%

KESKO CORPORATION STOCK EXCHANGE RELEASE 16.04.2012 AT 09.00 1(2) The Kesko Group's sales in March 2012, excluding VAT, totalled EUR901.7 million, showing an increase of 12.2%. In Kesko's food trade, sales in March were EUR375.7 million, an increase of 4.2% compared to the previous year. Sales to the K-food store chains were up by 4.8%. The sales of Pirkka products to K-food stores increased by 16.0%. The sales of Kespro Ltd grew by 5.7%...

KESKO CORPORATION STOCK EXCHANGE RELEASE 16.04.2012 AT 09.00 1(2)

 

The Kesko Group's sales in March 2012, excluding VAT, totalled EUR901.7 million, showing an increase of 12.2%.

 

In Kesko's food trade, sales in March were EUR375.7 million, an increase of 4.2% compared to the previous year. Sales to the K-food store chains were up by 4.8%. The sales of Pirkka products to K-food stores increased by 16.0%. The sales of Kespro Ltd grew by 5.7%.

 

In the home and speciality goods trade, sales in March were EUR138.3 million, an increase of 8.7%. The best sales growth was achieved by K-citymarket's home and speciality goods and Kenkäkesko.

 

In the building and home improvement trade, sales in March were EUR255.6 million, an increase of 9.2%. Sales in Finland were up by 4.8%. Sales abroad increased by 13.7% in terms of euros. Sales growth in Russia, in terms of euros, stood at 23.3%.

 

In the car and machinery trade, sales in March were EUR147.9 million, an increase of 47.5%. VV-Auto's sales in March were EUR121.3 million, up 63.6%. The sales performance is partly attributable to the car tax change effective from 1 April 2012. Konekesko's sales in March were EUR26.9 million, showing a 2.6% increase.

 

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

 

	March	2012	1.1. -	31.3.2012
	EUR million	Change, %	EUR million	Change, %
Food trade, total	375.7	4.2	1,019.8	6.7
Home and speciality goods trade, total	138.3	8.7	372.8	6.0
Building and home improvement trade, Finland	125.0	4.8	305.8	7.6
Building and home improvement trade, other countries	130.7	13.7	333.7	12.8
Building and home improvement trade, total	255.6	9.2	639.5	10.2
Car and machinery trade, total	147.9	47.5	361.8	26.6
Common operations and eliminations	-15.8		-42.0
Grand total	901.7	12.2	2,351.9	10.3
Finland, total	759.7	11.5	1,989.4	9.3
Other countries, total	142.1	16.0	362.5	15.9
Grand total	901.7	12.2	2,351.9	10.3

 

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

 

In March 2012, the number of selling days in Kesko's wholesale in Finland was 22, which was one less than in the previous year. The total number of wholesale selling days in January-March was one more than in the previous year. The number of retail selling days in March was 31, which was the same as in the previous year. The total number of retail selling days in January-March 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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