Kesko Group reports of €799.6 million total sales excluding VAT in October 2014

Kesko Group’s sales, excluding VAT, in October 2014 totalled €799.6 million, down 3.3%.

Helsinki, Finland, 2014-11-14— /EPR Retail News/ — In Kesko’s food trade, sales in October were €382.6 million, a decrease of 2.4% from the previous year.

In the home and speciality goods trade, sales in October were €114.6 million, a decrease of 9.4%. The sales performance was especially impacted by the decline in the sales of the department store trade, partly attributable to the closures of Anttila department stores in August. The sales of Indoor increased. The sales of online stores were up.

In the building and home improvement trade, sales in October were €238.9 million, representing the previous year’s level. In terms of local currencies, sales were up by 1.2%. Sales in Finland decreased by 7.7%. Sales abroad increased by 5.7% in euros and by 8.5% in local currencies.

In the car and machinery trade, sales in October were €79.9 million, a decrease of 6.5%. VV-Auto’s sales in October were €64.1 million, down 6.9%. Konekesko’s sales in October were €15.8 million, a decrease of 4.8% from the previous year.

Kesko Group’s sales in euros, excluding VAT, in October 2014:

October 2014 1.1. – 31.10.2014
€ million Change, % € million Change, %
Food trade, total 382.6 -2.4 3,611.4 -1.3
Home and speciality goods trade, total 114.6 -9.4 1,045.5 -9.3
Building and home improvement trade, Finland 99.9 -7.7 1,038.4 -0.9
Building and home improvement trade, other countries 139.0 5.7 1,263.7 1.2
Building and home improvement trade, total 238.9 -0.3 2,302.1 0.2
Car and machinery trade, total 79.9 -6.5 894.2 -1.9
Common operations and eliminations -16.4 -142.5
Grand total 799.6 -3.3 7,710.8 -2.1
Finland, total 643.4 -5.4 6,247.7 -3.0
Other countries, total 156.2 6.3 1,463.1 2.0
Grand total 799.6 -3.3 7,710.8 -2.1

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

In October 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-October was one less than in the previous year. The number of retail selling days in October was 31, which was the same as in the previous year. The total number of retail selling days in January-October 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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