Future outlook 2010 Q1

Interim financial report 1-3/2010 (Published on 27 April 2010)

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 (4/2010-3/2011) in comparison with the 12 months preceding the reporting period (4/2009-3/2010).

The trend in consumer demand continues to involve uncertainties caused by unemployment and a higher level of taxation, although consumer confidence has strengthened and the economic outlook is improving.

Grocery prices have turned down, which will dampen market growth in terms of euros, although the grocery trade performance is expected to continue its otherwise steady trend. The prolonged decline in the home and speciality goods trade has eased and the market is expected to return to growth. As a result of increased activity in the housing market and house building, the building and home improvement market is expected to grow in the Nordic countries and the decline is expected to ease in the other operating countries. In the car and machinery trade, new car sales are expected to increase, but the market situation in the machinery trade is expected to remain difficult.  

The Kesko Group's net sales and operating profit excluding non-recurring items are expected to grow during the next twelve months.

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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