Kesko's sales increased in July

KESKO CORPORATION STOCK EXCHANGE RELEASE 17.08.2015 AT 09.00 1(3)

Kesko Group's sales in July 2015 totalled €778.0 million. In comparable terms excluding Anttila, sales increased by 2.6% in local currencies.

"Kesko's sales continued to increase in July, though the circumstances were challenging due to the changeable summer weather. We are particularly pleased with the strong development in the building and home improvement trade, and in the agricultural and machinery trade," says Kesko's President and CEO Mikko Helander.

In Kesko's grocery trade, sales in July were €402.7 million, a decrease of 1.1% from the previous year in local currencies. The downward price trend continued in Finland.

In the home improvement and speciality goods trade, sales in July were €310.6 million, and comparable sales excluding Anttila increased by 8.7% in local currencies. In Finland, comparable sales increased by 3.4%. Outside Finland, comparable sales grew by 13.5% in local currencies. In the building and home improvement trade, sales increased by 5.6% in local currencies. In the agricultural and machinery trade, sales grew by 20.4%.

In the car trade, sales in July were €63.1 million, a decrease of 2.1% from the previous year.

Kesko Group's sales in euros, excluding VAT, in July 2015:

Kesko Group's sales in euros, excluding VAT, in January-July 2015:

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

In July 2015, the number of selling days in Kesko's wholesale in Finland was 23, which was the same as 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 the same as in the previous year.

Kesko releases advance information on the K-Group's retail sales quarterly, in connection with interim reports.

Kesko Group's sales comparatives for 1.1.2014-30.6.2015, presented according to the new segment structure

Kesko Group's sales in euros, excluding VAT, in 2014:

Kesko Group's sales in euros, excluding VAT, in 2015:

Comparatives according to the new segment structure will be published by the end August.

Further information is available from Vice President, Group Controller Eva Kaukinen, tel. +358 105 322 338.

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

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