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16.01.2015 08:00:34
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Kesko's sales in December 2014
KESKO CORPORATION STOCK EXCHANGE RELEASE 16.01.2015 AT 09.00 1(2)
Kesko's sales in December 2014
Kesko Group's sales, excluding VAT, in December 2014 totalled €798.0 million, down 1.9%.
In Kesko's food trade, sales in December were €410.9 million, an increase of 0.7% from the previous year.
In the home and speciality goods trade, sales in December were €170.0 million, a decrease of 11.7%. The sales performance was especially impacted by the decline in the sales of the department store trade and the changes in the network of Anttila and Musta Pörssi.
In the building and home improvement trade, sales in December were €165.8 million, an increase of 0.5%. In terms of local currencies, sales were up by 11.9%. Sales in Finland increased by 3.6%. Sales abroad decreased by 1.7% in euros, but increased by 17.9% in local currencies.
In the car and machinery trade, sales in December were €67.3 million, an increase of 4.5%. VV-Auto's sales in December were €52.3 million, up 11.9%. Konekesko's sales in December were €15.1 million, a decrease of 14.4% from the previous year.
Kesko Group's sales in euros, excluding VAT, in December 2014:
| December | 2014 | 1.1. - | 31.12.2014 | |
| € million | Change, % | € million | Change, % | |
| Food trade, total | 410.9 | 0.7 | 4,362.4 | -1.5 |
| Home and speciality goods trade, total | 170.0 | -11.7 | 1,327.2 | -9.7 |
| Building and home improvement trade, Finland | 72.1 | 3.6 | 1,187.5 | -1.3 |
| Building and home improvement trade, other countries | 93.7 | -1.7 | 1,474.8 | 0.7 |
| Building and home improvement trade, total | 165.8 | 0.5 | 2,662.2 | -0.2 |
| Car and machinery trade, total | 67.3 | 4.5 | 1,033.9 | -2.3 |
| Common operations and eliminations | -16.0 | -171.6 | ||
| Grand total | 798.0 | -1.9 | 9,214.1 | -2.5 |
| Finland, total | 689.2 | -1.2 | 7,509.3 | -3.3 |
| Other countries, total | 108.8 | -6.2 | 1,704.8 | 1.2 |
| Grand total | 798.0 | -1.9 | 9,214.1 | -2.5 |
Change, % indicates the change compared to the corresponding period of the previous year.
In December 2014, the number of selling days in Kesko's wholesale in Finland was 20, which was two more than in the previous year. The total number of selling days in January-December was the same as in the previous year. The number of retail selling days in December was 28, which was the same as in the previous year. The total number of retail selling days in January-December 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
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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