KESKO CORPORATION STOCK EXCHANGE RELEASE 09.10.2007
Kesko's sales were up by 7.3% in September
The Kesko Group's sales, excluding VAT, in September 2007 totalled
€806.1 million, an increase of 7.3% over the corresponding period
of the previous year. In January-September the sales, excluding
VAT, were €7,174.9 million, up 9.9% on the previous year. In
January-September, the sales of foreign operations were €1,604.4
million, accounting for 22% of the Group's sales.
Kesko Food's sales increase was 3.8% in September. The performance
was good because in September, the number of Fridays significant
in terms of sales was one less than in the previous year.
Rautakesko's sales in September grew by 20.4% and were €245.2
million. Sales in Finland were up by 0.4%. Abroad, sales increased
by 32.7%. Sales growth in Russia was 39.0%.
VV-Auto's sales in September were €58.7 million, which is down by
16.6% on last year. In Finland, the number of first registrations
of passenger cars decreased by 16.3% in September. The market
share of passenger cars represented by VV-Auto was 13.1% (14.7%).
Anttila's sales in September were €45.9 million, an increase of
7.7% on the previous year. The sales of Anttila's Kodin Ykkönen
department stores were up by 13.0% and those of the Anttila
department stores by 3.5%, whose decrease is partly attributable
to the closing down of the City department store in Helsinki in
January due to the expiry of the lease agreement. The number of
retail days in the department store trade was one less than in the
previous year. The biggest growth was in the sales of home
electronics.
Kesko Agro's sales in September were €73.7 million, up 24.3%.
Sales in Finland increased by 13.6% and in the Baltic countries by
43.3%. The sales increase is attributable to the grain trade.
The Kesko Group's sales, excluding VAT, in September 2007:
September 2007 1.1. - 30.09.20
07
€ million Change, € Change,
% million %
Kesko Food, Finland 305.8 3.7 2,848.7 7.1
Kesko Food, other countries 1.3 11.9 12.1 -1.4
Kesko Food, total 307.1 3.8 2,860.8 7.1
Rautakesko, Finland 78.0 0.4 741.2 11.7
Rautakesko, other countries 167.2 32.7 1,206.6 26.5
Rautakesko, total 245.2 20.4 1,947.8 20.4
VV-Auto, Finland 55.1 -18.6 654.3 2.4
VV-Auto, other countries 3.6 35.4 21.2 50.8
VV-Auto, total 58.7 -16.6 675.5 3.5
Anttila, Finland 43.8 7.4 359.0 3.3
Anttila, other countries 2.1 15.8 15.3 -2.2
Anttila, total 45.9 7.7 374.3 3.1
Kesko Agro, Finland 43.2 13.6 371.6 2.5
Kesko Agro, other countries 30.5 43.3 212.7 12.3
Kesko Agro, total 73.7 24.3 584.3 5.9
Other operating activities, 64.4 -3.2 615.5 6.9
Finland
Other operating activities, 15.1 -2.8 143.5 17.6
other countries
Other operating activities, 79.5 -3.2 759.0 8.8
total
Common operations and -4.0 -26.8
eliminations
Finland, total 586.8 0.6 5,570.5 6.6
Other countries, total 219.3 30.5 1,604.4 23.2
Grand total 806.1 7.3 7,174.9 9.9
Other operating activities consist of Konekesko, Intersport
Finland, Indoor Group, Musta Pörssi, Kenkäkesko, Tähti Optikko
Group and Kauko-Telko.
Starting from 1 March 2006, VV-Auto's sales figures include the
sales of the new Volkswagen and Audi retail outlets acquired.
Kesko Food is looking into opportunities to dispose of its HoReCa
wholesaling subsidiary, Kespro Ltd. Kespro will be classified as a
discontinuing operation in compliance with the IFRS 5 when it
meets the criteria of the standard.
Kesko is looking into opportunities to dispose of Kauko-Telko.
Kauko-Telko will be classified as a discontinuing operation in
compliance with the IFRS 5 when it meets the criteria of the
standard.
Rautakesko's sales figures in September include the sales of the
Belorussian OOO OMA acquired by the Rautakesko subsidiary Senukai
with effect from July. The company's sales were €16.9 million in
July-September.
Change, % indicates the change over the corresponding period of
the previous year.
In September 2007, the number of trading days in Kesko's wholesale
was 20, which was one less than in September 2006. The total
number of trading days was the same as in the previous year.
Kesko publishes advance information about the K-Group's retail
sales quarterly, in connection with the interim financial reports.
Further information is available from Jukka Erlund, Vice
President, Corporate Controller, tel. +358 1053 22338.
Kesko Corporation
Harri Utoslahti
Communications Manager
DISTRIBUTION
Helsinki Stock Exchange
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