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2016-02-12

Kesko Oyj: Kesko's comparable sales decreased in January by 1.0% - sales increased in the building and home improvement trade and the car trade

KESKO CORPORATION STOCK EXCHANGE RELEASE 12.02.2016 AT 09.00 1(2)

Kesko's comparable sales decreased in January by 1.0% - sales increased in the
building and home improvement trade and the car trade

Kesko Group's sales in January 2016 totalled €620.5 million. In comparable
terms excluding Anttila, sales decreased by 1.0% in local currencies.

"In January, Kesko's sales increased in the car trade and in the building and
home improvement trade. In the grocery trade, negative price trend
continued," says Kesko's President and CEO Mikko Helander.

The sales of Kesko's grocery trade in January were €336.1 million, a decrease
of 3.7% in local currencies. There was one delivery day less than in the
previous year.

The sales of the home improvement and speciality goods trade in January were
€196.5 million, and comparable sales excluding Anttila decreased by 1.1% in
local currencies. In Finland, comparable sales were down by 2.8%. Outside
Finland, comparable sales grew by 0.9% in local currencies. The sales of the
building and home improvement trade increased by 1.4% in local currencies.

The sales of the car trade in January were €88.0 million, up 12.7% from the
previous year.

Kesko Group's sales in euros, excluding VAT, in January 2016
:

-------------------------------------------------------------------------------------------------------------------------
| January 2016 Change, % |
| € million Change, % in local currencies excl. Anttila |
| Grocery trade, total 336.1 -3.9 -3.7 |
| Home improvement and speciality goods trade, Finland 108.2 -19.5 -2.8 |
| Home improvement and speciality goods trade, other countries 88.3 -4.4 +0.9 |
| Home improvement and speciality goods trade, total 196.5 -13.3 -1.1 |
| Car trade, total 88.0 +12.7 +12.7 |
| Common operations and eliminations -0.1 |
| Grand total 620.5 -5.0 -1.0 |
| |
| Finland, total 524.8 -5.4 -1.7 |
| Other countries, total 95.8 -3.0 +2.9 |
| Grand total 620.5 -5.0 -1.0 |
| |
-------------------------------------------------------------------------------------------------------------------------

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

In January 2016, the number of selling days in Kesko's wholesale in Finland
was 19, which was one less than 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 Helsinki Ltd
Main news media
www.kesko.fi

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kesko Oyj via Globenewswire

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