The Kesko Group posted €847.0M sales in May 2013

2-7-2013 — /europawire.eu/ — The Kesko Group’s sales, excluding VAT, in May 2013 totalled €847.0 million, down 1.7%.

In Kesko’s food trade, sales in May were €386.6 million, an increase of 3.9% compared to the previous year.

In the home and speciality goods trade, sales in May were €111.8 million, a decrease of 9.5%. Sales performance was particularly impacted by the decrease in department store sales as well as network changes in Musta Pörssi and Intersport Russia.

In the building and home improvement trade, sales in May were €262.2 million, a decrease of 7.7%. Sales in Finland were down 9.9%. Sales abroad decreased in Norway and Lithuania. This is attributable to the changes that took place in the chain in Norway in 2012. Sales increased in other countries.

In the car and machinery trade, sales in May were €102.5 million, an increase of 6.1%. VV-Auto’s sales in May were €69.9 million, up 18.8%. In the previous year, sales decreased due to the car tax change effective 1 April 2012. In May, Volkswagen was the market leader in the first-time registrations of both passenger cars and vans and the combined market share of the passenger cars and vans represented by VV-Auto was 22.0% (20.3%). Konekesko’s sales in May were €32.6 million, a decrease of 13.7% from the previous year.

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

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

In May 2013, the number of selling days in Kesko’s wholesale in Finland was 21, which was the same as in the previous year. The total number of selling days in January-May was the same as in the previous year. The number of retail selling days in May was 27, which was the same as in the previous year. The total number of retail selling days in January-May 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 1053 22338.

Kesko Corporation

Merja Haverinen
Vice President, Corporate Communications

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