Kesko's sales in June 2010
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.07.2010 AT 09.00 1(2)
The Kesko Group's sales, excluding VAT, totalled 800.2 million in June 2010, showing an increase of 8.1%.
In the food trade, sales in June were 343.4 million, an increase of 2.2%. The sales to K-food store chains were up by 3.2%.
In the home and speciality goods trade, sales in June were 112.8 million, a decrease of 0.1%. The June performance was impacted by the sale season starting later than in the previous year.
In the building and home improvement trade, sales in June were 249.1 million, an increase of 10.6%. Sales in Finland were up by 9.4%. In other countries, sales increased by 11.6% in terms of euros and by 2.3% in terms of local currencies. In Russia, sales increased by 28.6% in terms of euros and by 13.8% in terms of the local currency. In the Baltic countries, sales were down by 17.0%.
In the car and machinery trade, VV-Auto's sales in June were 71.2 million, an increase of 55.1%. The combined market share of Volkswagen, Audi and Seat rose to 20.2% (15.7%) in June. The sales performance was also impacted by the VAT rate increase on 1 July 2010. Konekesko's sales in June increased by 9.9%.
Kesko Group sales in euros, excluding VAT, in June 2010:
| June | 2010 | 1.1. - | 30.6.2010 | |
| million | Change,% | million | Change,% | |
| Food trade, total | 343.4 | 2.2 | 1,903.7 | 1.2 |
| Home and speciality goods trade, Finland | 111.9 | 0.3 | 689.9 | 2.3 |
| Home and speciality goods trade, other countries | 0.9 | -32.4 | 7.5 | -30.0 |
| Home and speciality goods trade, total | 112.8 | -0.1 | 697.4 | 1.8 |
| Building and home improvement trade, Finland | 110.5 | 9.4 | 603.5 | 5.2 |
| Building and home improvement trade, other countries | 138.6 | 11.6 | 621.8 | 0.8 |
| Building and home improvement trade, total | 249.1 | 10.6 | 1,225.2 | 2.9 |
| Car and machinery trade, Finland | 98.0 | 52.2 | 491.4 | 6.0 |
| Car and machinery trade, other countries | 10.6 | -31.8 | 55.2 | -28.5 |
| Car and machinery trade, total | 108.6 | 35.8 | 546.6 | 1.0 |
| Common operations and eliminations | -13.6 | -81.7 | ||
| Finland, total | 650.1 | 8.5 | 3,606.8 | 2.7 |
| Other countries, total | 150.1 | 6.4 | 684.4 | -2.9 |
| Grand total | 800.2 | 8.1 | 4,291.2 | 1.7 |
Change, % indicates the change over the corresponding period of the previous year.
In June 2010, the number of selling days in Kesko's wholesale in Finland was 21, which is the same as in June 2009. The total number of wholesale selling days in January-June was one more than in the previous year. The number of retail selling days in June was 29, which is the same as in the previous year. The total number of retail selling days in January-June 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 Vice President, Corporate Controller Jukka Erlund, tel. +358 1053 22338.
Kesko Corporation
Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
