Kesko Group’s sales increased by 2.7% to €856.3 million in July 2017

Helsinki, 2017-Aug-15 — /EPR Retail News/ — Kesko Group’s sales totalled €856.3 million in July 2017, an increase of 2.7% in comparable terms. Excluding business arrangements the reported sales decreased by 4.2%.

“In comparable terms Kesko’s sales grew in July in all divisions. Sales growth was strongest in the car trade, an increase of over 10%. Sales in the grocery trade grew especially in K-Citymarkets and in the renewed K-Markets. In the building and technical trade sales grew especially in B2B trade,” says Kesko’s President and CEO Mikko Helander.

Sales in the grocery trade totalled €423.1 million in July, an increase of 1.5% in comparable terms. The comparable sales grew in all chains. The reported sales decreased by 5.4% and was impacted by the changes in store site network of Suomen Lähikauppa and transferring stores to retailers, as well as the divestment of grocery trade business in Russia in the previous year.

Sales in the building and technical trade totalled €362.7 million in July, an increase of 2.6% in comparable terms in local currencies. Comparable sales in Finland grew by 4.6% and abroad by 1.1%. Sales in the building and technical trade, excluding the speciality goods trade, grew by 6.3% in local currencies. Sales in the speciality goods leisure trade decreased by 0.3% in Finland and sales in the machinery trade decreased by 23.8%. The reported sales in building and technical trade decreased by 7.0% and it was impacted by the divestment of K-maatalous business and the furniture trade in the second quarter.

Car trade sales in July totalled €69.9 million, a growth of 10.9% in comparable terms. The reported sales grew by 24.3% 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 excludes the impact of acquisitions and divestments.

In July 2017, the number of Kesko’s wholesale selling days in Finland was 21, which was the same as the previous year. From 1 January to 31 July 2017, Kesko’s wholesale selling days in Finland were equivalent to the previous year.

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

Further information is available from Vice President, Group Controller Eva Kaukinen, tel. +358 105 322 338.

Source: Kesko Corporation

Kesko Group’s sales increased by 11.0% in April 2017

Helsinki, 2017-May-17 — /EPR Retail News/ — Kesko Group’s sales totalled €900.0 million in April 2017, a growth of 11.0%. In comparable terms, excluding the impact of business arrangements, sales in local currencies decreased by 5.5%. Due to the timing of Easter there were three less delivery days than in the previous year.

Kesko’s sales grew in April. Sales also grew in comparable terms in the grocery trade thanks to successful Easter sales. In the building and technical trade the acquisition of Onninen helped boost sales,” states Kesko’s President and CEO Mikko Helander.

Sales in the grocery trade totalled €431.0 million in April, an increase of 2.9%. Sales in the grocery trade without the impact of the acquisition of Suomen Lähikauppa amounted to €375.1 million, and the comparable development in sales was +2.3%.

Sales in the building and technical trade totalled €399.0 million in April, an increase of 26.5%. Sales in the building and technical trade without Onninen were €277.9 million, down 13.2% in local currencies. There were three delivery days less than in the previous year. In Finland, sales decreased by 17.7%, excluding Onninen. Outside Finland sales were down by 7.2% in local currencies excluding Onninen. Sales in the building and home improvement trade decreased by 12.2% in local currencies. Sales in the leisure trade decreased by 24.8%, agricultural and machinery trade sales declined by 12.6%, and furniture trade sales decreased by 6.9%.

Car trade sales in April were €70.1 million, a decrease of 8.0% compared to the previous year. Car sales without AutoCarrera amounted to €67.3 million and the comparable development was -11.6%.

Change, % indicates the change in 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 excludes the impact of acquisitions and disposals.

In April 2017, the number of Kesko’s wholesale selling days in Finland was 18, which was three less than in the previous year. In January-April 2017, the number of Kesko’s wholesale selling days in Finland was equal 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’s sales were up 30.5% in March 2017

Helsinki, 2017-Apr-19 — /EPR Retail News/ — Kesko Group’s sales in March 2017 totalled €1,003.8 million, and were up 30.5%. In comparable terms, excluding the impact of business arrangements, sales in local currencies increased by 4.9%. There were two more delivery days than in the previous year.

“Kesko’s sales in March increased in all divisions. Growth was significantly strengthened by the acquisitions of Suomen Lähikauppa, Onninen and AutoCarrera. In March, comparable sales performance as well was good in both the grocery trade, the building and technical trade and the car trade,” says Kesko’s President and CEO Mikko Helander.

The sales of the grocery trade in March were €467.8 million, representing an increase of 13.1%. Excluding the impact of the acquisition of Suomen Lähikauppa, the sales of the grocery trade were €408.6 million, and the comparable change in sales was +1.1%.

The sales of the building and technical trade in March were €453.5 million, up 61.3%. Onninen excluded, the sales of the building and technical trade were €315.5 million, up 10.2% in local currencies. In Finland, sales were up by 8.8% excluding Onninen. Outside Finland, sales in local currencies increased by 12.3% excluding Onninen. The sales of the building and home improvement trade in local currencies were up by 13.3%. The sales of the leisure goods trade in Finland decreased by 5.0%, the sales of the agricultural and machinery trade increased by 9.3% and the sales of the furniture trade were up by 9.9%.

The sales of the car trade in March were €82.8 million, up 10.7% from the previous year. AutoCarrera excluded, the sales of the car trade were €78.5 million, representing a comparable change of +4.9%.

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 March 2017, the number of selling days in Kesko’s wholesale in Finland was 23, which was two more than in the previous year. In January-March 2017, the number of selling days in Kesko’s wholesale in Finland was three more than in the previous year.

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

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

Source: Kesko Corporation