Future outlook 2010 Q4

Financial statements release 2010 (Published on 3 February 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 accounting period (1/2011-12/2011) in comparison with the 12 months preceding the accounting period (1/2010-12/2010).

The outlook for trends in consumer demand has remained steady, as a result of high consumer confidence and continuously low interest rate levels. Nevertheless, the trend in economic development continues to involve significant uncertainties relating to the evolution of total production, tightening taxation and possible ramifications of disturbances in the financial market.

The steady development of the grocery trade and the home and speciality goods trade is expected to continue. 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 gradually.

The Kesko Group's net sales are expected to grow during the next twelve months.

Throughout 2010, Kesko's profitability performance has been excellent, except for the building and home improvement trade. During the next twelve months, the store site network will be significantly expanded, regardless of which, the operating profit excluding non-recurring items is expected to remain at the achieved level. 
 

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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