Du är här

2016-05-16

Kesko Oyj: Kesko's sales increased in April

KESKO CORPORATION STOCK EXCHANGE RELEASE 16.05.2016 AT 09.00 1(2)

Kesko's sales increased in April

Kesko Group's sales in April 2016 totalled €810.7 million and were up 6.1%. In
comparable terms, sales increased by 2.5% in local currencies, excluding the
impact of Suomen Lähikauppa.

"In April, Kesko's sales increased in all divisions. As of 12 April 2016, the
sales of the grocery trade include the sales of Suomen Lähikauppa, acquired
in April. The sales of the the building and home improvement trade and the
sales of the car trade grew strongly," says Kesko's President and CEO Mikko
Helander.

The sales of Kesko's grocery trade in April were €418.9 million and increased
by 7.3% from the previous year. Suomen Lähikauppa excluded, the sales of the
grocery trade were €378.0 million, representing a comparable change of -2.8%.
The sales performance was partly attributable to the declining price trend in
the grocery trade, as well as the change in the operating model of store
fixture sales which reduced the sales by -1.2 percentage points. There was
one delivery day more than in the previous year.

The sales of the home improvement and speciality goods trade in April were
€315.5 million, and comparable sales increased by 7.4% in local currencies.
In Finland, sales grew by 5.7%. Outside Finland, comparable sales increased
by 9.4% in local currencies. The sales of the building and home improvement
trade increased by 10.9% in local currencies.

The sales of the car trade in April were €76.2 million, up 13.0% from the
previous year.

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

--------------------------------------------------------------------------------------------------
| April 2016 Comparable |
| € million Change, % change, % |
| Grocery trade, total 418.9 +7.3 -2.8 |
| Home improvement and speciality goods trade, Finland 179.2 +5.7 +5.7 |
| Home improvement and speciality goods trade, other countries 136.3 +0.4 +9.4 |
| Home improvement and speciality goods trade, total 315.5 +3.4 +7.4 |
| Car trade, total 76.2 +13.0 +13.0 |
| Common functions and eliminations 0.1 |
| Grand total 810.7 +6.1 +2.5 |
| |
| Finland, total 664.6 +7.4 +0.8 |
| Other countries, total 146.0 +0.4 +11.1 |
| Grand total 810.7 +6.1 +2.5 |
| |
--------------------------------------------------------------------------------------------------
Kesko Group's sales in euros, excluding VAT, in January-April 2016:

--------------------------------------------------------------------------------------------------
| 1.1. - 30.4.2016 Comparable |
| € million Change, % change, % |
| Grocery trade, total 1,524.0 +1.2 -1.2 |
| Home improvement and speciality goods trade, Finland 589.5 -8.4 -0.3 |
| Home improvement and speciality goods trade, other countries 437.9 -2.2 +5.5 |
| Home improvement and speciality goods trade, total 1,027.4 -5.9 +2.2 |
| Car trade, total 306.4 +9.2 +9.2 |
| Common functions and eliminations -0.6 |
| Grand total 2,857.2 -0.7 +1.0 |
| |
| Finland, total 2,384.6 -0.6 -0.3 |
| Other countries, total 472.7 -1.2 +7.6 |
| Grand total 2,857.2 -0.7 +1.0 |
| |
--------------------------------------------------------------------------------------------------
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 acquistions and disposals.

In April 2016, the number of selling days in Kesko's wholesale in Finland was
21, which was one more than in the previous year. The total number of selling
days in January-April 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

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

HUG#2012879

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.