KESKO CORPORATION STOCK EXCHANGE RELEASE 14.07.2008 AT 11.00 1(2)
Kesko's June sales increased by 0.6%
The Kesko Group's sales from continuing operations in June 2008 totalled €823.6
million (excluding VAT) and showed an increase of 0.6% over the corresponding
period of the previous year. In January-June, the sales from continuing
operations were €4,896.4 million (excluding VAT), up 6.6%. The sales from
foreign operations in June were €190.6 million, an increase of 0.5%. Foreign
operations accounted for 23% of the Group's sales.
In June, Kesko Food's sales were €352.7 million, representing a growth of 1.0%.
Grocery sales to K-food store chains increased by 3.6%.
Rautakesko's sales decreased by 1.4% to €238.2 million in June. Sales in
Finland were down by 7.6%. Abroad, the combined sales increase was 2.3%. In the
Baltic countries, sales decreased by 4.6%. Stroymaster's sales in Russia
increased by 29.9%.
VV-Auto's sales were €72.8 million in June, which was 7.0% more than in the
previous year. In Finland, first registrations of passenger cars increased by
3.1% in June. First registrations of passenger cars represented by VV-Auto grew
by 11.4% and their market share was 15.5% (14.3%).
Anttila's June sales were €38.1 milllion, a decrease of 2.1%. The sales of
Anttila department stores decreased by 3.6%, and those of Kodin Ykkönens by
2.6%. NetAnttila's distance sales were up by 9.1%.
Kesko Agro's sales in June were €65.2 million, up 2.5%. Sales in Finland
increased by 3.1% due to the grain, animal feed and chemicals trade. Sales in
the Baltic countries grew by 1.7%, owing to the grain trade.
The Kesko Group's sales, excluding VAT, in June 2008:
June 2008 1.1. - 30.6.200
8
€ million Change, € Change,
% million %
Kesko Food, Finland 351.7 1.0 1,982.3 5.4
Kesko Food, other countries 1.0 -20.3 7.8 -1.2
Kesko Food, total 352.7 1.0 1,990.1 5.4
Rautakesko, Finland 82.6 -7.6 508.4 1.8
Rautakesko, other countries 155.6 2.3 832.2 12.1
Rautakesko, total 238.2 -1.4 1,340.6 8.0
VV-Auto, Finland 71.8 11.4 508.6 10.2
VV-Auto, other countries 1.0 -72.1 8.5 -39.9
VV-Auto, total 72.8 7.0 517.1 8.7
Anttila, Finland 37.5 -1.9 235.0 6.3
Anttila, other countries 0.7 -11.8 10.0 -1.6
Anttila, total 38.1 -2.1 245.0 6.0
Kesko Agro, Finland 38.8 3.1 276.0 8.0
Kesko Agro, other countries 26.5 1.7 151.6 15.1
Kesko Agro, total 65.2 2.5 427.6 10.4
Other operating activities, 52.1 -1.6 347.1 2.9
Finland
Other operating activities,
other countries 6.0 -13.8 40.9 -11.1
Other operating activities, 58.2 -3.0 387.9 1.2
total
Common operations and
eliminations -1.6 44.9 -12.0 13.4
Finland, total 633.0 0.7 3,847.5 5.5
Other countries, total 190.6 0.5 1,048.9 10.7
Grand total 823.6 0.6 4,896.4 6.6
Other operating activities consist of Konekesko, Intersport Finland, Indoor
Group, Musta Pörssi and Kenkäkesko.
On 28 February 2008, the Kesko Group classified Kauko-Telko, and on 31 March
2008, Tähti Optikko Group as discontinuing operations, which is why the sales
of those operating activities are not included in the above figures.
Starting from July 2007, Rautakesko's sales figures include the sales of OMA,
the Belorussian subsidiary of Rautakesko's subsidiary Senukai.
Change, % indicates the change over the corresponding period of the previous
year.
In June 2008, the number of selling days in Kesko's wholesale was 20, which was
the same as in June 2007. In January-June, the total number of wholesale
selling days was one more than in the previous year. The number of retail days
in June was the same as the year before.
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
Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
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