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2016-03-14

Kesko Oyj: Kesko's sales increased in February

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.03.2016 AT 09.00 1(2)

Kesko's sales increased in February

Kesko Group's sales in February 2016 totalled €656.8 million. In comparable
terms excluding Anttila, sales increased by 5.6% in local currencies.

"In February, Kesko's sales increased in all strategic growth areas: the
grocery trade, the building and home improvement trade, and the car trade,"
says Kesko's President and CEO Mikko Helander.

The sales of Kesko's grocery trade in February were €355.5 million, an
increase of 2.7%. In local currencies, sales increased by 3.1%. There was one
more delivery day than in the previous year.

The sales of the home improvement and speciality goods trade in February were
€234.3 million, and comparable sales excluding Anttila increased by 8.3% in
local currencies. In Finland, comparable sales grew by 4.3%. Outside Finland,
comparable sales grew by 14.0% in local currencies. The sales of the building
and home improvement trade increased by 10.8% in local currencies.

The sales of the car trade in February were €67.4 million, up 10.9% from the
previous year.

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

-------------------------------------------------------------------------------------------------------------------------
| February 2016 Change, % |
| € million Change, % in local currencies excl. Anttila |
| Grocery trade, total 355.5 +2.7 +3.1 |
| Home improvement and speciality goods trade, Finland 138.0 -8.9 +4.3 |
| Home improvement and speciality goods trade, other countries 96.3 +4.9 +14.0 |
| Home improvement and speciality goods trade, total 234.3 -3.7 +8.3 |
| Car trade, total 67.4 +10.9 +10.9 |
| Common operations and eliminations -0.4 |
| Grand total 656.8 +1.2 +5.6 |
| |
| Finland, total 552.4 +0.3 +3.6 |
| Other countries, total 104.4 +6.4 +16.4 |
| Grand total 656.8 +1.2 +5.6 |
| |
-------------------------------------------------------------------------------------------------------------------------
Kesko Group's sales in euros, excluding VAT, in January-February 2016
:

-------------------------------------------------------------------------------------------------------------------------
| 1.1. - 29.2.2016 Change, % |
| € million Change, % in local currencies excl. Anttila |
| Grocery trade, total 691.6 -0.6 -0.3 |
| Home improvement and speciality goods trade, Finland 246.2 -13.8 +1.0 |
| Home improvement and speciality goods trade, other countries 184.6 +0.2 +7.4 |
| Home improvement and speciality goods trade, total 430.7 -8.3 +3.8 |
| Car trade, total 155.4 +11.9 +11.9 |
| Common operations and eliminations -0.4 |
| Grand total 1,277.3 -1.9 +2.3 |
| |
| Finland, total 1,077.2 -2.6 +0.9 |
| Other countries, total 200.2 +1.7 +9.6 |
| Grand total 1,277.3 -1.9 +2.3 |
-------------------------------------------------------------------------------------------------------------------------
Change, %, indicates the change compared to the corresponding period of the
previous year.

In February 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-February 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

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