Kesko Group posted €809.1 million sales in July 2013, up 1.3%

Posted on 28, August 2013 by | This entry was posted in Business, Financial, Finland, Investment, Retail and tagged , , , , , , , , , , , . Bookmark the permalink.

28-8-2013 — /EuropaWire/ — The Kesko Group’s sales, excluding VAT, in July 2013 totalled €809.1 million, up 1.3%.

In Kesko’s food trade, sales in July were €372.5 million, an increase of 6.2% compared to the previous year. In July, the number of delivery days was one more than in the previous year.

In the home and speciality goods trade, sales in July were €109.6 million, a decrease of 8.3%. Sales performance was particularly impacted by the decrease in department store sales, as well as network changes in Musta Pörssi and Intersport Russia. Sales were up in Finland in Intersport and Budget Sport.

In the building and home improvement trade, sales in July were €240.1 million, a decrease of 4.8%. Sales in Finland were down 0.4%. Sales abroad decreased by 7.7% in terms of euros. Excluding the impact of retailer changes in Norway, sales abroad decreased by 1.0%.

In the car and machinery trade, sales in July were €98.7 million, an increase of 13.8%. VV-Auto’s sales in July were €60.4 million, up 15.6%. Konekesko’s sales in July were €38.3 million, an increase of 11.0% from the previous year.

Kesko Group sales in euros, excluding VAT, in July 2013:

July 2013 1.1. – 31.7.2013
€ million Change, % € million Change, %
Food trade, total 372.5 6.2 2,532.7 2.4
Home and speciality goods trade, total 109.6 -8.3 781.4 -8.0
Building and home improvement trade, Finland 99.9 -0.4 729.4 -4.5
Building and home improvement trade, other countries 140.2 -7.7 839.6 -9.9
Building and home improvement trade, total 240.1 -4.8 1,569.0 -7.5
Car and machinery trade, total 98.7 13.8 660.7 -9.1
Common operations and eliminations -11.8 -95.1
Grand total 809.1 1.3 5,448.7 -3.6
Finland, total 638.4 2.0 4,479.2 -3.0
Other countries, total 170.7 -1.5 969.5 -6.1
Grand total 809.1 1.3 5,448.7 -3.6

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

In July 2013, the number of selling days in Kesko’s wholesale in Finland was 23, which was one more than in the previous year. The total number of selling days in January-July was the same as in the previous year. The number of retail selling days in July was 31, which was the same as in the previous year. The total number of retail selling days in January-July was one less than 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, Corporate Controller Eva Kaukinen, tel. +358 105 322 338.

Kesko Corporation

Merja Haverinen
Vice President, Corporate Communications

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

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