Kesko Group’s sales, excluding VAT, in July 2014 totalled €797.1 million, down 1.5%.
Helsinki, Finland, 2014-8-14 — /EPR Retail News/ — In Kesko’s food trade, sales in July were €375.1 million, an increase of 0.7% from the previous year.
In the home and speciality goods trade, sales in July were €103.4 million, a decrease of 5.7%. The sales performance was especially impacted by the decline in the sales of the department store trade. Online stores recorded sales growth.
In the building and home improvement trade, sales in July were €236.1 million, down 1.6%. In terms of local currencies, sales increased by 1.0%. Sales in Finland decreased by 3.4%. Sales abroad decreased by 0.4% in euros, but increased by 4.1% in local currencies.
In the car and machinery trade, sales in July were €92.9 million, a decrease of 5.9%. VV-Auto’s sales in July were €63.9 million, up 5.9%. Konekesko’s sales in July were €29.0 million, a decrease of 24.3% from the previous year.
Kesko Group sales in euros, excluding VAT, in July 2014:
| July | 2014 | 1.1. – | 31.07.2014 | |
| € million | Change, % | € million | Change, % | |
| Food trade, total | 375.1 | 0.7 | 2,506.5 | -1.0 |
| Home and speciality goods trade, total | 103.4 | -5.7 | 708.2 | -9.4 |
| Building and home improvement trade, Finland | 96.5 | -3.4 | 737.8 | 1.2 |
| Building and home improvement trade, other countries | 139.6 | -0.4 | 846.7 | 0.8 |
| Building and home improvement trade, total | 236.1 | -1.6 | 1,584.4 | 1.0 |
| Car and machinery trade, total | 92.9 | -5.9 | 662.0 | 0.2 |
| Common operations and eliminations | -10.4 | -95.9 | ||
| Grand total | 797.1 | -1.5 | 5,365.1 | -1.5 |
| Finland, total | 631.4 | -1.1 | 4,372.1 | -2.4 |
| Other countries, total | 165.7 | -2.9 | 993.0 | 2.4 |
| Grand total | 797.1 | -1.5 | 5,365.1 | -1.5 |
Change, % indicates the change over the corresponding period of the previous year.
In July 2014, 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 one less than 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.
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