Kesko Group reports €797.1 million sales in July 2014

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

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www.kesko.fi