Kesko Group October 2017 sales totalled €912.6 million, an increase of 4.2% in comparable terms

Kesko Group’s sales totalled €912.6 million in October 2017, an increase of 4.2% in comparable terms. Reported total sales decreased by 3.4%.

Helsinki, Finland, 2017-Nov-15 — /EPR Retail News/ — “Kesko’s sales grew in comparable terms in October in the grocery trade and in the building and technical trade. The month had one delivery day more than the year before,” says Kesko’s President and CEO Mikko Helander.

Sales in the grocery trade totalled €449.7 million in October, an increase of 7.0% in comparable terms. Sales grew in particular in K-Citymarkets. The reported sales for October increased by 0.1%, affected by changes in the former Suomen Lähikauppa store site network and by the divestment of the business in Russia the previous year.

Sales in the building and technical trade totalled €387.5 million in October, an increase of 3.1% in comparable terms in local currencies. Comparable sales grew by 2.1% in Finland and by 4.1% abroad. Sales in the building and technical trade excluding the speciality goods trade grew by 4.0% in local currencies.  Sales in the speciality goods’ leisure trade increased by 12.8% in Finland, while sales in the machinery trade decreased by 32.9%. The reported sales in the building and technical trade decreased by 7.8%, and were impacted by the divestment of the K-maatalous business and the furniture trade in the second quarter.

Sales in the car trade totalled €74.9 million in October, representing a decrease of 6.0% in comparable terms. The reported sales decreased by 0.6% including the acquisition of AutoCarrera.

Change, % indicates the change when compared to the corresponding period of the previous year. The comparable change % has been calculated for the grocery trade by including those stores formerly belonging to Suomen Lähikauppa, and which have belonged to the network in both years, in the sales. The comparable change % in the building and technical trade as well as the car trade has been calculated in local currencies and excluding the impact of acquisitions and divestments.

In October 2017, the number of Kesko’s wholesale selling days in Finland was 22, which is one day more than the year before. In January-October 2017, the number of Kesko’s wholesale selling days in Finland was the same as the year before.

In connection with interim reports, Kesko publishes advance information on K Group’s retail sales quarterly.

Further information:

Vice President
Group Controller
Eva Kaukinen
tel. +358 105 322 338.

Source: Kesko Corporation

Kesko Group announces June 2017 sales

Helsinki, 2017-Jul-18 — /EPR Retail News/ — Kesko Group’s sales totalled €971.3 million in June 2017 – a decrease of 3.5%. In comparable terms sales in local currencies grew by 1.6%.

“Kesko’s sales in comparable terms grew in June. Sales growth was strongest in the car trade. Sales in grocery trade grew in comparable retail network, the growth strengthened especially in K-Citymarkets and in the renewed K-Markets. Sales in the building and technical trade grew in business to business B2B trade, but the business to consumers B2C sales was weakened by the cold start to summer in northern Europe.” says Kesko’s CEO Mikko Helander.

Sales in the grocery trade totalled €456.5 million in June, a decrease of 5.3%. Sales in the grocery trade including the comparable stores of Suomen Lähikauppa amounted to €444.4 million and the comparable development in sales was +0.7%.

Sales in the building and technical trade totalled €430.2 million in June, a decrease of 4.5%. Comparable sales in the building and technical trade excluding the 1.6.2017 divested K-maatalous agricultural trade increased in local currencies by 1.3%. Comparable sales increased in Finland by 6.4% and decreased abroad by 2.7%. Comparable sales in the building and technical trade excluding specialty goods trade grew by 2.8%. Sales in the specialty goods grew by 0.7% in furniture trade, sales in leisure trade in Finland increased by 10.7% and sales in machinery trade decreased by 13.2%.

Car trade sales in June were €84.6 million, a growth of 13.1% compared to the previous year. Car sales without AutoCarrera amounted to €80.5 million and the comparable development was +7.6%.

Change, % indicates the change in the corresponding period of the previous year. The comparable change % has been calculated for the grocery trade by including those stores of Suomen Lähikauppa to the sales, which have belonged to the network in both years. The comparable change % in the building and technical trade as well as the car trade has been calculated in local currencies and excluding the impact of acquisitions and divestments.

In June 2017, the number of Kesko’s wholesale selling days in Finland was 21, which was the same as the previous year. In April-June 2017 the number of selling days was 60, three less than the previous year. From 1 January to 30 June 2017, Kesko’s wholesale selling days in Finland were equivalent to the previous year.

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

Further information:

Vice President
Group Controller
Eva Kaukinen
tel. +358 105 322 338.

Source: Kesko Corporation

Kesko Group announces Sales performance in January 2017

Helsinki, 2017-Feb-16 — /EPR Retail News/ — Kesko Group’s sales in January 2017 totalled €827.4 million, which was up 33.3%. In comparable terms, excluding the impact of business arrangements, sales in local currencies increased by 5.2%. There were two more delivery days than in the previous year.

“Kesko’s sales continued to increase in January. Sales performance was particularly strong in the building and technical trade,” says Kesko’s President and CEO Mikko Helander.

The sales of the grocery trade in January were €399.6 million, representing an increase of 18.9%. Suomen Lähikauppa excluded, the sales of the grocery trade were €343.7 million, and the comparable change was 4.6%.

The sales of the building and technical trade in January were €337.7 million, up 71.9%. Onninen excluded, the sales of the building and technical trade were €220.3 million, up 9.8% in local currencies. In Finland, sales were up by 12.7% excluding Onninen. Outside Finland, sales in local currencies grew by 6.2% excluding Onninen. The sales of the building and home improvement trade in local currencies increased by 12.2%. The sales of the leisure trade in Finland were down by 2.2%, the sales of the agricultural and machinery trade increased by 11.5% and the sales of the furniture trade were up by 15.1%.

The sales of the car trade in January were €90.9 million, up 3.3% from the previous year. AutoCarrera excluded, the sales of the car trade were €86.3 million, representing a comparable change of -2.0%.

Kesko Group’s sales in euros, excluding VAT, in January 2017:

January 2017 Comparable
€ million Change, % change, %
Grocery trade, total 399.6 +18.9 +4.6
Building and technical trade, Finland 179.9 +66.3 +12.7
Building and technical trade, other countries 157.8 +78.7 +6.2
Building and technical trade, total 337.7 +71.9 +9.8
Car trade, total 90.9 +3.3 -2.0
Common functions and eliminations -0.7
Grand total 827.4 +33.3 +5.2
Finland, total 669.7 +27.6 +5.1
Other countries, total 157.8 +64.7 +6.2
Grand total 827.4 +33.3 +5.2

Change, %, indicates the change compared to the corresponding period of the previous year. Comparable change, %, indicates the change compared to the corresponding period of the previous year in local currencies and excluding the impact of acquisitions and disposals.

In January 2017, the number of selling days in Kesko’s wholesale in Finland was 21, which was two more than in the previous year.

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

Further information:

Vice President, Group Controller
Eva Kaukinen
tel. +358 105 322 338.

Source: Kesko Corporation

Kesko Group announces 17.5% sales increase in December 2016

Helsinki, 2017-Jan-17 — /EPR Retail News/ — Kesko Group’s sales in December 2016 totalled €918.5 million and were up 17.5%. In comparable terms, sales in local currencies decreased by 3.7%, excluding the impact of business arrangements. There was one delivery day less than in the previous year.

“Kesko’s sales increased in December thanks to acquisitions. The sales performance of the grocery trade and the building and technical trade was weakened by the fact that there was one delivery day less than in the previous year,” says Kesko’s President and CEO Mikko Helander.

The sales of the grocery trade in December were €515.0 million and increased by 6.6%. Suomen Lähikauppa excluded, the sales of the grocery trade in Finland were €450.8 million, representing a comparable change of -4.0%.

The sales of the building and technical trade in December were €336.2 million, up 42.8%. Excluding Onninen, the sales of the building and technical trade were €224.1 million, down 4.0% in local currencies. In Finland, sales excluding Onninen were down by 1.5%. Outside Finland, sales in local currencies excluding Onninen decreased by 6.5%. The sales of the building and home improvement trade decreased by 0.7% in local currencies. The sales of the leisure trade increased by 5.3% in Finland and the sales of the agricultural and machinery trade were down by 13.5%.

The sales of the car trade in December were €67.0 million, up 7.2% from the previous year. AutoCarrera excluded, the sales of the car trade were €62.6 million and the comparable change was +0.2%

Change, %, indicates the change compared to the corresponding period of the previous year. Comparable change, %, indicates the change compared to the corresponding period of the previous year in local currencies and excluding the impact of acquisitions and disposals.

In December 2016, the number of selling days in Kesko’s wholesale in Finland was 20, which was one less than in the previous year. The total number of selling days in January-December was one more than in the previous year.

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

Due to change of release categories, effective as of 10 January 2017, Kesko will in the future release its monthly sales figures as a press release instead of a stock exchange release.

Further information:
Eva Kaukinen
Vice President
Group Controller
tel. +358 105 322 338.

Source: Kesko Corporation

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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