Kesko's sales in May 2010
KESKO CORPORATION STOCK EXCHANGE RELEASE 14.06.2010 AT 09.00 1(2)
The Kesko Group's sales, excluding VAT, totalled 765.9 million in May 2010, showing an increase of 8.5%.
In the food trade, sales in May were 326.2 million, an increase of 5.1%. The sales to K-food store chains were up by 6.5%.
In the home and speciality goods trade, sales in May were 113.9 million, an increase of 2.3%. Sales of clothing and sports goods, above all, developed well.
In the building and home improvement trade, sales in May were 242.5 million, an increase of 10.8%. Sales in Finland were up by 20.9%. In other countries, sales increased by 2.9% in terms of euros. In Russia, sales increased by 25.2% in terms of euros and by 11.4% in terms of the local currency. In the Baltic countries, sales were down by 19.3%.
In the car and machinery trade, VV-Auto's sales in May were 62.1 million, an increase of 41.1%. The market share of passenger cars represented by VV-Auto was 19.9% (17.7%). Konekesko's sales in May were 35.8 million, an increase of 6.4%. The increase can be mainly attributed to the good development in boat sales.
Kesko Group sales in euros, excluding VAT, in May 2010:
| May | 2010 | 1.1. - | 31.5.2010 | |
| million | Change,% | million | Change,% | |
| Food trade, total | 326.2 | 5.1 | 1,560.4 | 0.9 |
| Home and speciality goods trade, Finland | 112.9 | 2.8 | 578.0 | 2.7 |
| Home and speciality goods trade, other countries | 1.0 | -33.5 | 6.6 | -29.6 |
| Home and speciality goods trade, total | 113.9 | 2.3 | 584.6 | 2.1 |
| Building and home improvement trade, Finland | 116.1 | 20.9 | 493.0 | 4.2 |
| Building and home improvement trade, other countries | 126.3 | 2.9 | 483.2 | -1.9 |
| Building and home improvement trade, total | 242.5 | 10.8 | 976.1 | 1.1 |
| Car and machinery trade, Finland | 86.0 | 32.9 | 393.4 | -1.5 |
| Car and machinery trade, other countries | 11.9 | -7.7 | 44.6 | -27.7 |
| Car and machinery trade, total | 97.8 | 26.2 | 438.0 | -5.0 |
| Common operations and eliminations | -14.6 | -68.1 | ||
| Finland, total | 626.7 | 10.2 | 2,956.7 | 1.4 |
| Other countries, total | 139.1 | 1.5 | 534.3 | -5.2 |
| Grand total | 765.9 | 8.5 | 3,491.1 | 0.4 |
Change,% indicates the change over the corresponding period of the previous year.
In May 2010, the number of selling days in Kesko's wholesale in Finland was 20, which is one more than in May 2009. The total number of wholesale selling days in January-May was one more than in the previous year. The number of retail selling days in May was 27, which is the same as in the previous year. The total number of retail selling days in January-May 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
