KESKO CORPORATION STOCK EXCHANGE RELEASE 14.10.2010 AT 09.00 1(2)
The Kesko Group's sales, excluding VAT, totalled 758.0 million in September 2010, an increase of 5.1%.
In the food trade, sales in September were 325.9 million, an increase of 1.4%. The sales to K-food store chains were up by 2.2%.
In the home and speciality goods trade, sales in September were 130.5 million, an increase of 2.2%. The best sales performances were in Anttila department stores and Kodin Ykkönen department stores for home goods and interior decoration. Especially K-citymarket and Anttila increased their clothing sales.
In the building and home improvement trade, sales in September were 244.4 million, an increase of 14.4%. Sales in Finland were up by 14.0%. Sales abroad increased by 14.7% in terms of euros and by 6.9% in terms of local currencies. In the Baltic countries, sales were up by 2.1%. In Russia, sales increased by 33.9% in terms of euros and by 20.3% in terms of the local currency.
In the car and machinery trade, sales in September were 73.7 million, a decrease of 2.6%. VV-Auto's sales in September were 54.3 million, up 11.4%. In Finland, new registrations of passenger cars increased by 28.6% in September. The market share of passenger cars represented by VV-Auto was 17.0% (18.7%). Konekesko's sales in September were 19.5 million, down 27.8%. 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 September 2010:
September | 2010 | 1.1. - | 30.9.2010 | |
million | Change,% | million | Change,% | |
Food trade, total | 325.9 | 1.4 | 2,900.5 | 1.4 |
Home and speciality goods trade, Finland | 128.8 | 2.4 | 1,069.0 | 1.3 |
Home and speciality goods trade, other countries | 1.6 | -10.6 | 11.5 | -27.9 |
Home and speciality goods trade, total | 130.5 | 2.2 | 1,080.5 | 0.9 |
Building and home improvement trade, Finland | 109.8 | 14.0 | 906.5 | 6.5 |
Building and home improvement trade, other countries | 134.6 | 14.7 | 1,018.4 | 5.5 |
Building and home improvement trade, total | 244.4 | 14.4 | 1,924.9 | 6.0 |
Car and machinery trade, Finland | 68.4 | 7.3 | 683.0 | 6.7 |
Car and machinery trade, other countries | 5.4 | -55.5 | 83.8 | -29.5 |
Car and machinery trade, total | 73.7 | -2.6 | 766.8 | 1.0 |
Common operations and eliminations | -16.5 | -121.0 | ||
Finland, total | 616.4 | 4.5 | 5,438.2 | 2.9 |
Other countries, total | 141.6 | 7.9 | 1,113.6 | 1.3 |
Grand total | 758.0 | 5.1 | 6,551.7 | 2.6 |
Change, % indicates the change over the corresponding period of the previous year.
In September 2010, the number of selling days in Kesko's wholesale in Finland was 22, which is the same as in September 2009. The total number of wholesale selling days in January-September was one more than in the previous year. The number of retail selling days in September was 30, which is four more than in the previous year. The total number of retail selling days in January-September was 20 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
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NASDAQ OMX Helsinki
Main news media
www.kesko.fi