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2015-08-17

Kesko Oyj: Kesko's sales increased in July

KESKO CORPORATION STOCK EXCHANGE RELEASE 17.08.2015 AT 09.00 1(3)

Kesko Group's sales in July 2015 totalled €778.0 million. In comparable terms
excluding Anttila, sales increased by 2.6% in local currencies.

"Kesko's sales continued to increase in July, though the circumstances were
challenging due to the changeable summer weather. We are particularly pleased
with the strong development in the building and home improvement trade, and
in the agricultural and machinery trade," says Kesko's President and CEO
Mikko Helander.

In Kesko's grocery trade, sales in July were €402.7 million, a decrease of
1.1% from the previous year in local currencies. The downward price trend
continued in Finland.

In the home improvement and speciality goods trade, sales in July were €310.6
million, and comparable sales excluding Anttila increased by 8.7% in local
currencies. In Finland, comparable sales increased by 3.4%. Outside Finland,
comparable sales grew by 13.5% in local currencies. In the building and home
improvement trade, sales increased by 5.6% in local currencies. In the
agricultural and machinery trade, sales grew by 20.4%.

In the car trade, sales in July were €63.1 million, a decrease of 2.1% from
the previous year.

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

-------------------------------------------------------------------------------------------------------------------------
| July 2015 Change, %, |
| € million Change, % in local currencies excl. Anttila |
| Grocery trade, total 402.7 -1.9 -1.1 |
| Home improvement and speciality goods trade, Finland 145.9 -11.9 +3.4 |
| Home improvement and speciality goods trade, other countries 164.7 +5.0 +13.5 |
| Home improvement and speciality goods trade, total 310.6 -3.7 +8.7 |
| Car trade, total 63.1 -2.1 -2.1 |
| Common operations and eliminations 1.6 |
| Grand total 778.0 -2.4 +2.6 |
| |
| Finland, total 603.7 -4.4 -0.9 |
| Other countries, total 174.3 +5.2 +15.3 |
| Grand total 778.0 -2.4 +2.6 |
-------------------------------------------------------------------------------------------------------------------------
Kesko Group's sales in euros, excluding VAT, in January-July 2015:

-------------------------------------------------------------------------------------------------------------------------
| 1.1. - 31.7.2015 Change, %, |
| € million Change, % in local currencies excl. Anttila |
| Grocery trade, total 2,683.3 -1.9 -1.1 |
| Home improvement and speciality goods trade, Finland 1,087.2 -10.5 -1.4 |
| Home improvement and speciality goods trade, other countries 915.2 -1.9 +5.9 |
| Home improvement and speciality goods trade, total 2,002.4 -6.8 +2.0 |
| Car trade, total 474.6 -3.8 -3.8 |
| Common operations and eliminations 2.6 |
| Grand total 5,162.9 -3.8 -0.2 |
| |
| Finland, total 4,188.3 -4.2 -2.0 |
| Other countries, total 974.6 -1.9 +7.6 |
| Grand total 5,162.9 -3.8 -0.2 |
| |
-------------------------------------------------------------------------------------------------------------------------
Change, %, indicates the change compared to the corresponding period of the
previous year.

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

Kesko Group's sales comparatives for 1.1.2014-30.6.2015, presented according
to the new segment structure

Kesko Group's sales in euros, excluding VAT, in 2014:

---------------------------------------------------------------------------------------------------------------------------------
| € million Grocery trade Home improvement and speciality goods trade Car trade Common operations and eliminations Total |
| January 370.7 246.5 88.1 -1.2 704.2 |
| February 347.3 250.3 64.1 -2.5 659.2 |
| March 392.8 333.1 70.9 -2.6 794.3 |
| April 416.8 336.4 69.2 -1.1 821.2 |
| May 393.5 334.1 71.8 -2.3 797.1 |
| June 402.9 325.5 64.8 -1.2 792.1 |
| July 410.6 322.5 64.4 -0.4 797.1 |
| August 398.6 323.4 57.5 -0.7 778.8 |
| September 393.8 317.4 57.4 -1.3 767.3 |
| October 416.5 319.8 64.7 -1.4 799.6 |
| November 378.9 267.4 60.7 -1.7 705.3 |
| December 479.8 266.9 52.9 -1.5 798.0 |
---------------------------------------------------------------------------------------------------------------------------------
Kesko Group's sales in euros, excluding VAT, in 2015:

---------------------------------------------------------------------------------------------------------------------------------
| € million Grocery trade Home improvement and speciality goods trade Car trade Common operations and eliminations Total |
| January 349.8 226.7 78.1 -1.3 653.4 |
| February 346.2 243.2 60.7 -1.4 648.8 |
| March 419.8 316.4 74.2 -0.4 810.0 |
| April 390.4 305.2 67.4 1.2 764.3 |
| May 378.2 297.1 65.3 1.9 742.6 |
| June 396.0 303.1 65.7 1.0 765.8 |
---------------------------------------------------------------------------------------------------------------------------------
Comparatives according to the new segment structure will be published by the
end August.

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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