Kesko's sales in August 2010
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.09.2010 AT 09.00 1(2)
The Kesko Group's sales, excluding VAT, totalled 767.5 million in August 2010, showing an increase of 6.8%.
In the food trade, sales in August were 336.0 million, an increase of 2.9%. The sales to K-food store chains were up by 3.8%.
In the home and speciality goods trade, sales in August were 131.9 million, an increase of 1.1%. The sales of K-citymarket's home and speciality goods and the sales of Intersport developed best.
In the building and home improvement trade, sales in August were 239.7 million, an increase of 15.5%. Sales in Finland were up by 14.5%. Sales abroad increased by 16.3% in terms of euros and by 8.6% in terms of local currencies. In Russia, sales increased by 34.6% in terms of euros and by 17.3% in terms of the local currency. In the Baltic countries, sales were down by 1.0%.
In the car and machinery trade, sales in August were 72.2 million, an increase of 8.0%. VV-Auto's sales in August were 49.6 million, up 30.7%. In Finland, new registrations of passenger cars increased by 40.5% in August. Konekesko's sales in August were 22.6 million, down 22.0%. The sales performance was lowered by Konekesko's discontinuation of its agricultural supplies trade in the Baltic countries.
Kesko Group sales in euros, excluding VAT, in August 2010:
| August | 2010 | 1.1. - | 31.8.2010 | |
| million | Change,% | million | Change,% | |
| Food trade, total | 336.0 | 2.9 | 2,574.6 | 1.4 |
| Home and speciality goods trade, Finland | 130.4 | 1.4 | 940.2 | 1.2 |
| Home and speciality goods trade, other countries | 1.4 | -23.5 | 9.8 | -30.1 |
| Home and speciality goods trade, total | 131.9 | 1.1 | 950.0 | 0.7 |
| Building and home improvement trade, Finland | 104.1 | 14.5 | 796.7 | 5.5 |
| Building and home improvement trade, other countries | 135.7 | 16.3 | 883.7 | 4.3 |
| Building and home improvement trade, total | 239.7 | 15.5 | 1,680.5 | 4.9 |
| Car and machinery trade, Finland | 62.7 | 19.6 | 614.6 | 6.6 |
| Car and machinery trade, other countries | 9.5 | -34.2 | 78.4 | -26.6 |
| Car and machinery trade, total | 72.2 | 8.0 | 693.1 | 1.4 |
| Common operations and eliminations | -12.3 | -104.5 | ||
| Finland, total | 621.0 | 6.0 | 4,821.8 | 2.7 |
| Other countries, total | 146.5 | 10.3 | 972.0 | 0.4 |
| Grand total | 767.5 | 6.8 | 5,793.7 | 2.3 |
Change, % indicates the change over the corresponding period of the previous year.
In August 2010, the number of selling days in Kesko's wholesale in Finland was 22, which is one more than in August 2009. The total number of wholesale selling days in January-August was one more than in the previous year. The number of retail selling days in August was 31, which is the same as in the previous year. The total number of retail selling days in January-August was sixteen more than in the previous year.
The sales from operations in Finland presented in this release include the export sales of the companies in Finland (previously exports were included in the sales of other countries). The comparative figures have been restated to reflect the change in presentation.
Kesko publishes advance information about the K-Group's retail sales quarterly, in connection with the interim reports.
Further information is available from Senior Vice President, CFO Arja Talma, tel. +358 1053 22113.
Kesko Corporation
Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
