Kesko's sales in October 2010
KESKO CORPORATION STOCK EXCHANGE RELEASE 12.11.2010 AT 09.00 1(2)
The Kesko Group's sales, excluding VAT, totalled 750.0 million in October 2010, an increase of 3.4%.
In the food trade, sales in October were 320.1 million, a decrease of 1.1%. The sales to K-food store chains were up by 0.9%.
In the home and speciality goods trade, sales in October were 137.0 million, a decrease of 1.6%. The sales of clothing and sports goods increased particularly in K-citymarkets and Intersport stores.
In the building and home improvement trade, sales in October were 232.7 million, an increase of 15.5%. Sales in Finland were up by 19.1%. Sales abroad increased by 12.8% in terms of euros and by 8.7% in terms of local currencies. In the Baltic countries, sales were up by 4.9%. In Russia, sales increased by 29.6% in terms of euros and by 24.6% in terms of the local currency.
In the car and machinery trade, sales in October were 74.4 million, a decrease of 5.1%. VV-Auto's sales in October were 58.2 million, up 21.0%. In Finland, new registrations of passenger cars increased by 25.0%. The market share of passenger cars represented by VV-Auto was 17.1% (18.5%). Konekesko's sales in October were 16.3 million, down 46.5%. The sales performance was negatively affected by Konekesko's discontinuation of its agricultural supplies trade in the Baltic countries.
Kesko Group sales in euros, excluding VAT, in October 2010:
| October | 2010 | 1.1. - | 31.10.2010 | |
| million | Change,% | million | Change,% | |
| Food trade, total | 320. 1 | -1.1 | 3,220. 6 | 1.1 |
| Home and speciality goods trade, Finland | 135.4 | -1.6 | 1,204.5 | 1.0 |
| Home and speciality goods trade, other countries | 1.6 | -7.1 | 13.0 | -25.9 |
| Home and speciality goods trade, total | 137.0 | -1.6 | 1,217.5 | 0.6 |
| Building and home improvement trade, Finland | 104.5 | 19.1 | 1,011.0 | 7.7 |
| Building and home improvement trade, other countries | 128.2 | 12.8 | 1,146.6 | 6.3 |
| Building and home improvement trade, total | 232.7 | 15.5 | 2,157.6 | 6.9 |
| Car and machinery trade, Finland | 70.8 | 15.4 | 753.8 | 7.4 |
| Car and machinery trade, other countries | 3.6 | -78.9 | 87.4 | -35.7 |
| Car and machinery trade, total | 74.4 | -5.1 | 841.2 | 0.4 |
| Common operations and eliminations | -14.2 | -135.1 | ||
| Finland, total | 616.7 | 3.9 | 6,054.8 | 3.0 |
| Other countries, total | 133.4 | 0.7 | 1,246.9 | 1.2 |
| Grand total | 750.0 | 3.4 | 7,301.8 | 2.7 |
Change,% indicates the change over the corresponding period of the previous year.
In October 2010, the number of selling days in Kesko's wholesale in Finland was 21, which was one less than in October 2009. The total number of wholesale selling days in January- October was the same as in the previous year. The number of retail selling days in October was 31, which was five more than in the previous year. The total number of retail selling days in January-October was 25 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
