14.03.2016 08:01:14
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Kesko's sales increased in February
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.03.2016 AT 09.00 1(2)
Kesko's sales increased in February
Kesko Group's sales in February 2016 totalled €656.8 million. In comparable terms excluding Anttila, sales increased by 5.6% in local currencies.
"In February, Kesko's sales increased in all strategic growth areas: the grocery trade, the building and home improvement trade, and the car trade," says Kesko's President and CEO Mikko Helander.
The sales of Kesko's grocery trade in February were €355.5 million, an increase of 2.7%. In local currencies, sales increased by 3.1%. There was one more delivery day than in the previous year.
The sales of the home improvement and speciality goods trade in February were €234.3 million, and comparable sales excluding Anttila increased by 8.3% in local currencies. In Finland, comparable sales grew by 4.3%. Outside Finland, comparable sales grew by 14.0% in local currencies. The sales of the building and home improvement trade increased by 10.8% in local currencies.
The sales of the car trade in February were €67.4 million, up 10.9% from the previous year.
Kesko Group's sales in euros, excluding VAT, in February 2016:
February 2016 | Change, % | ||
€ million | Change, % | in local currencies excl. Anttila | |
Grocery trade, total | 355.5 | +2.7 | +3.1 |
Home improvement and speciality goods trade, Finland | 138.0 | -8.9 | +4.3 |
Home improvement and speciality goods trade, other countries | 96.3 | +4.9 | +14.0 |
Home improvement and speciality goods trade, total | 234.3 | -3.7 | +8.3 |
Car trade, total | 67.4 | +10.9 | +10.9 |
Common operations and eliminations | -0.4 | ||
Grand total | 656.8 | +1.2 | +5.6 |
Finland, total | 552.4 | +0.3 | +3.6 |
Other countries, total | 104.4 | +6.4 | +16.4 |
Grand total | 656.8 | +1.2 | +5.6 |
Kesko Group's sales in euros, excluding VAT, in January-February 2016:
1.1. - 29.2.2016 | Change, % | ||
€ million | Change, % | in local currencies excl. Anttila | |
Grocery trade, total | 691.6 | -0.6 | -0.3 |
Home improvement and speciality goods trade, Finland | 246.2 | -13.8 | +1.0 |
Home improvement and speciality goods trade, other countries | 184.6 | +0.2 | +7.4 |
Home improvement and speciality goods trade, total | 430.7 | -8.3 | +3.8 |
Car trade, total | 155.4 | +11.9 | +11.9 |
Common operations and eliminations | -0.4 | ||
Grand total | 1,277.3 | -1.9 | +2.3 |
Finland, total | 1,077.2 | -2.6 | +0.9 |
Other countries, total | 200.2 | +1.7 | +9.6 |
Grand total | 1,277.3 | -1.9 | +2.3 |
Change, %, indicates the change compared to the corresponding period of the previous year.
In February 2016, the number of selling days in Kesko's wholesale in Finland was 21, which was one more than in the previous year. The total number of selling days in January-February 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 Helsinki Ltd
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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