KESKO CORPORATION STOCK EXCHANGE RELEASE 14.10.2015 AT 09.00 1(2)

Kesko's sales increased in September

Kesko Group's sales in September 2015 totalled €729.5 million. In comparable terms excluding Anttila, sales increased by 0.9% in local currencies.

"Kesko's sales continue on a growth path. Regarding our strategic focus areas, the building and home improvement trade grew markedly and in the grocery trade and the car trade, sales were at the previous year's level," says Kesko's President and CEO Mikko Helander.

In Kesko's grocery trade, sales in September were €388.2 million, a decrease of 1.4%. In local currencies, sales were at the previous year's level. The downward price trend continued in Finland.

In the home improvement and speciality goods trade, sales in September were €283.0 million, and comparable sales excluding Anttila increased by 2.8% in local currencies. In Finland, comparable sales were at the previous year's level. Outside Finland, comparable sales grew by 6.1% in local currencies. In the building and home improvement trade, sales increased by 3.6% in local currencies. In the agricultural and machinery trade, sales increased by 1.9%.

In the car trade, sales in September were €57.3 million, representing the previous year's level.

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

  September 2015 Change, %
  € million Change, % in local currencies excl. Anttila
Grocery trade, total 388.2 -1.4 -0.4
Home improvement and speciality goods trade, Finland 147.8 -12.9 -0.5
Home improvement and speciality goods trade, other countries 135.1 -8.5 +6.1
Home improvement and speciality goods trade, total 283.0 -10.8 +2.8
Car trade, total 57.3 -0.1 -0.1
Common operations and eliminations 1.1    
Grand total 729.5 -4.9 +0.9
       
Finland, total 587.0 -4.0 -0.9
Other countries, total 142.5 -8.6 +7.8
Grand total 729.5 -4.9 +0.9

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

  1.1. - 30.9.2015 Change, %
  € million Change, % in local currencies excl. Anttila
Grocery trade, total 3,467.8 -1.7 -0.9
Home improvement and speciality goods trade, Finland 1,373.4 -11.9 -2.0
Home improvement and speciality goods trade, other countries 1,197.2 -2.7 +6.5
Home improvement and speciality goods trade, total 2,570.7 -7.8 +2.1
Car trade, total 586.6 -3.6 -3.6
Common operations and eliminations 4.8    
Grand total 6,629.9 -4.1 0.0
       
Finland, total 5,357.8 -4.4 -1.9
Other countries, total 1,272.1 -2.7 +8.2
Grand total 6,629.9 -4.1 0.0
       

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

In September 2015, the number of selling days in Kesko's wholesale in Finland was 22, which was the same as in the previous year. The total number of selling days in January-September was the same as in the previous year. The number of retail selling days in September was 30, which was the same as in the previous year. The total number of retail selling days in January-September 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

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Source: Kesko Oyj via Globenewswire

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