12.09.2014 08:00:49
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Kesko's sales in August 2014
KESKO CORPORATION STOCK EXCHANGE RELEASE 12.09.2014 AT 09.00 1(2)
Kesko's sales in August 2014
Kesko Group's sales, excluding VAT, in August 2014 totalled €778.8 million, down 5.6%.
In Kesko's food trade, sales in August were €363.6 million, a decrease of 3.9% from the previous year. There was one delivery day less than in the previous year.
In the home and speciality goods trade, sales in August were €112.5 million, a decrease of 8.5%. The sales performance was especially impacted by the decline in the sales of the department store trade and interior decoration and home goods.
In the building and home improvement trade, sales in August were €238.7 million, a decrease of 4.4%. In terms of local currencies, sales were down by 2.0%. Sales in Finland decreased by 6.7%. Sales abroad decreased by 2.7% in euros, but increased by 1.6% in local currencies.
In the car and machinery trade, sales in August were €78.1 million, a decrease of 11.7%. VV-Auto's sales in August were €56.3 million, up 3.5%. Konekesko's sales in August were €21.8 million, a decrease of 35.9% from the previous year.
Kesko Group's sales in euros, excluding VAT, in August 2014:
August20141.1. -31.08.2014€ millionChange, %€ millionChange, %Food trade, total363.6-3.92,870.2-1.4Home and speciality goods trade, total112.5-8.5820.7-9.3 Building and home improvement trade, Finland 100.5 -6.7 838.3 0.1 Building and home improvement trade, other countries 138.2 -2.7 984.9 0.3 Building and home improvement trade, total238.7-4.41,823.20.2Car and machinery trade, total78.1-11.7740.1-1.2Common operations and eliminations-14.2-110.1Grand total778.8-5.66,143.9-2.1 Finland, total 620.8 -5.7 4,993.0 -2.8 Other countries, total 158.0 -5.2 1,151.0 1.3 Grand total778.8-5.66,143.9-2.1Change, % indicates the change compared to the corresponding period of the previous year.
In August 2014, the number of selling days in Kesko's wholesale in Finland was 21, which was one less than in the previous year. The total number of selling days in January-August was two less than in the previous year. The number of retail selling days in August was 31, which was the same as in the previous year. The total number of retail selling days in January-August 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
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kesko Oyj via Globenewswire
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