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2015-09-14

Kesko Oyj: Kesko's sales increased in August

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.09.2015 AT 09.00 1(2)

Kesko's sales increased in August

Kesko Group's sales in August 2015 totalled €737.5 million. In comparable
terms excluding Anttila, sales increased by 0.6% in local currencies.

"Kesko's sales continued to increase in August despite the challenging market
situation. Sales development was particularly strong in the home improvement
and speciality goods trade outside Finland, where the growth was nearly 11%,"
says Kesko's President and CEO Mikko Helander.

In Kesko's grocery trade, sales in August were €396.3 million, a decrease of
0.6%. In local currencies, sales increased by 0.5%. The downward price trend
continued in Finland.

In the home improvement and speciality goods trade, sales in August were
€285.3 million, and comparable sales excluding Anttila increased by 1.8% in
local currencies. In Finland, comparable sales declined by 7.2% due to
decrease in sales from the previous year in the agricultural and machinery
trade. In the building and home improvement trade, however, sales in Finland
remained at the level of the previous year. Outside Finland, comparable sales
grew by 10.8% in local currencies. In the building and home improvement
trade, sales increased by 3.7% in local currencies. In the agricultural and
machinery trade, sales decreased by 5.3%.

In the car trade, sales in August were €54.7 million, a decrease of 4.8% from
the previous year.

Kesko Group's sales in euros, excluding VAT, in August 2015:

-------------------------------------------------------------------------------------------------------------------------
| August 2015 Change, % |
| € million Change, % in local currencies excl. Anttila |
| Grocery trade, total 396.3 -0.6 +0.5 |
| Home improvement and speciality goods trade, Finland 138.5 -20.5 -7.2 |
| Home improvement and speciality goods trade, other countries 146.9 -1.6 +10.8 |
| Home improvement and speciality goods trade, total 285.3 -11.8 +1.8 |
| Car trade, total 54.7 -4.8 -4.8 |
| Common operations and eliminations 1.2 |
| Grand total 737.5 -5.3 +0.6 |
| |
| Finland, total 582.5 -6.2 -2.5 |
| Other countries, total 155.0 -1.9 +12.5 |
| Grand total 737.5 -5.3 +0.6 |
-------------------------------------------------------------------------------------------------------------------------
Kesko Group's sales in euros, excluding VAT, in January-August 2015:

-------------------------------------------------------------------------------------------------------------------------
| 1.1. - 31.8.2015 Change, % |
| € million Change, % in local currencies excl. Anttila |
| Grocery trade, total 3,079.6 -1.7 -0.9 |
| Home improvement and speciality goods trade, Finland 1,225.6 -11.8 -2.1 |
| Home improvement and speciality goods trade, other countries 1,062.1 -1.9 +6.6 |
| Home improvement and speciality goods trade, total 2,287.7 -7.4 +2.0 |
| Car trade, total 529.3 -3.9 -3.9 |
| Common operations and eliminations 3.8 |
| Grand total 5,900.4 -4.0 -0.1 |
| |
| Finland, total 4,770.8 -4.4 -2.0 |
| Other countries, total 1,129.6 -1.9 +8.2 |
| Grand total 5,900.4 -4.0 -0.1 |
| |
-------------------------------------------------------------------------------------------------------------------------
Change, %, indicates the change compared to the corresponding period of the
previous year.

In August 2015, the number of selling days in Kesko's wholesale in Finland was
21, which was the same as in the previous year. The total number of selling
days in January-August was the same as in the previous year. The number of
retail selling days in August was 31, which was the same as in the previous
year. The total number of retail selling days in January-August 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 OMX 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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