Future outlook 2011 Q1

Interim report 1-3/2011 (Published on 28 April 2011)

Estimates of the future outlook for the Kesko Group's net sales and operating profit excluding non-recurring items are given for the 12 months following the reporting period (4/2011-3/2012) in comparison with the 12 months preceding the reporting period (4/2010-3/2011).
 
The outlook for trends in consumer demand has remained steady, as a result of high consumer confidence and continuously low interest rate levels. The trend in economic development involves significant uncertainties relating to the evolution of total production, tightening taxation and possible ramifications of disturbances in the financial market.
 
The steady development in the grocery trade is expected to continue. The home and speciality goods trade is expected to develop in line with the trend in private consumption. The building and home improvement market is expected to strengthen as a result of increasing housing construction. In the car and machinery trade, the sales of new cars are expected to grow, and the situation in the machinery market is expected to recover.
 
The Kesko Group's net sales are expected to grow during the next twelve months.During the next twelve months, the operating profit excluding non-recurring items is expected to increase regardless of significant expansion costs of the store site network.

Archive
Financial statements release 2010
Interim financial report 1.1.-30.9.2010
Interim financial report 1.1.-30.6.2010
Interim financial report 1.1.-31.3.2010
Financial statements release 2009
Interim financial report 1.1.-31.9.2009
Interim financial report 1.1.-30.6.2009
Interim financial report 1.1.-31.3.2009
Financial statements release 2008
Interim financial report 1.1.-30.9.2008
Interim financial report 1.1.-30.6.2008
Interim financial report 1.1.-31.3.2008