KESKO CORPORATION STOCK EXCHAGE RELEASE 10.2.2015 AT 09.10 1(3)
Kesko Group's comparatives according to the new segment structure for the period
1 Jan. 2014-31 Dec. 2014
Kesko Group's segments as from 1 January 2015
The Group's divisions, namely the grocery trade, the home improvement and
speciality goods trade and the car and machinery trade, have been identified as
Kesko Group's reportable segments as from 1 January 2015 (stock exchange release
on 27 November 2014).
The grocery trade comprises the food trade operated in Finland based on the K-
retailer business model, K-citymarket's home and speciality goods trade, K-food
stores in Russia and Kespro Ltd's wholesale trade of groceries.
The chains of the home improvement and speciality goods trade are K-rauta,
Rautia, K-maatalous, Byggmakker, Senukai, OMA, Anttila, NetAnttila and Kodin
Ykkönen, Intersport and Budget Sport, Asko and Sotka, Musta Pörssi as well as
Kookenkä. The home improvement and speciality goods trade has operations in
eight countries.
The car and machinery trade comprises VV-Auto and Konekesko.
Further information is available from Jukka Erlund, Senior Vice President, Chief
Financial Officer, telephone +358 105 322 113, and Eva Kaukinen, Vice President,
Group Controller, telephone +358 105 322 338.
KESKO CORPORATION
Merja Haverinen
Vice President, Group Communications
ATTACHMENTS
Net sales by segment for 2014
Operating profit by segment for 2014
Operating profit excluding non-recurring items by segment for 2014
Operating margin excluding non-recurring items by segment for 2014
Capital employed by segment for 2014
Return on capital employed excluding non-recurring items by segment for 2014
Capital expenditure by segment for 2014
Personnel average by segment for 2014
Kesko Group's sales in euros excluding value added tax for 2014
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main news media
www.kesko.fi
Net sales by segment 1-3/ 4-6/ 7-9/ 10-12/ 1-12/
(€ million) 2014 2014 2014 2014 2014
Grocery trade 1,102 1,202 1,190 1,260 4,754
Home improvement and
speciality goods trade 761 890 877 796 3,324
Car and machinery trade 272 283 240 216 1,011
Common operations and
eliminations -6 -5 -3 -5 -19
Group total 2,129 2,371 2,304 2,267 9,071
Operating profit by segment 1-3/ 4-6/ 7-9/ 10-12/ 1-12/
(€ million) 2014 2014 2014 2014 2014
Grocery trade 44.3 54.4 58.3 59.1 216.2
Home improvement and
speciality goods trade -62.5 8.4 -0.5 2.0 -52.6
Car and machinery trade 8.2 10.9 8.7 1.6 29.4
Common operations and
eliminations -3.1 -4.4 -3.1 -31.0 -41.6
Group total -13.0 69.4 63.4 31.7 151.4
Operating profit excl.
non-recurring items 1-3/ 4-6/ 7-9/ 10-12/ 1-12/
by segment (€ million) 2014 2014 2014 2014 2014
Grocery trade 45.4 55.3 60.3 62.2 223.2
Home improvement and
speciality goods trade -31.4 5.8 18.2 7.1 -0.3
Car and machinery trade 8.2 10.9 8.7 1.8 29.6
Common operations and
eliminations -3.1 -4.4 -3.1 -9.3 -19.9
Group total 19.1 67.6 84.0 61.9 232.6
Operating margin 1-3/ 4-6/ 7-9/ 10-12/ 1-12/
excl. non-recurring items by segment, % 2014 2014 2014 2014 2014
Grocery trade 4.1 4.6 5.1 4.9 4.7
Home improvement and
speciality goods trade -4.1 0.6 2.1 0.9 0.0
Car and machinery trade 3.0 3.8 3.6 0.8 2.9
Group total 0.9 2.9 3.6 2.7 2.6
Capital employed by
segment, cumulative 1-3/ 4-6/ 7-9/ 10-12/ 1-12/
average (€ million) 2014 2014 2014 2014 2014
Grocery trade 1,019 1,034 1,005 984 1,007
Home improvement and
speciality goods trade 869 888 879 866 876
Car and machinery trade 169 165 145 167 162
Common operations and
eliminations 317 320 304 305 310
Group total 2,375 2,407 2,332 2,323 2,354
Return on capital employed excl. non-recurring 1-3/ 4-6/ 7-9/ 10-12/ 1-12/
items by segment, % 2014 2014 2014 2014 2014
Grocery trade 17.8 21.4 24.0 25.3 22.2
Home improvement and
speciality goods trade -14.5 2.6 8.3 3.3 0.0
Car and machinery trade 19.5 26.4 24.0 4.3 18.3
Group total 3.2 11.2 14.4 10.7 9.9
Capital expenditure 1-3/ 4-6/ 7-9/ 10-12/ 1-12/
(€ million) 2014 2014 2014 2014 2014
Grocery trade 20 31 27 21 98
Home improvement and
speciality goods trade 14 17 20 20 71
Car and machinery trade 3 7 2 3 14
Common operations and
eliminations 7 1 3 0 11
Group total 43 56 52 43 194
1-3/ 1-6/ 1-9/ 1-12/
Personnel average 2014 2014 2014 2014
Grocery trade 5,979 6,151 6,192 6,176
Home improvement and
speciality goods trade 11,991 12,103 12,141 12,105
Car and machinery trade 1,228 1,250 1,253 1,244
Others 417 432 438 451
Group total 19,616 19,935 20,024 19,976
Kesko Group's sales in euros excluding value added tax in 2014 (VAT 0%):
Home improvement Car and Common
Grocery and speciality machinery operations and
€ million trade goods trade trade eliminations Total
January 370.7 234.0 100.6 -1.1 704.2
February 347.3 233.1 81.4 -2.6 659.2
March 392.8 308.0 96.2 -2.8 794.3
April 416.8 306.9 98.8 -1.3 821.2
May 393.5 306.2 99.7 -2.3 797.1
June 402.9 298.2 92.3 -1.4 792.1
July 410.6 294.1 92.9 -0.5 797.1
August 398.6 302.9 78.1 -0.8 778.8
September 393.8 300.6 74.2 -1.3 767.3
October 416.5 304.7 79.9 -1.5 799.6
November 378.9 255.7 72.4 -1.7 705.3
December 479.8 252.4 67.3 -1.4 798.0
[HUG#1893080]
Kesko Group's comparatives according to the new segment structure for the period 1 Jan. 2014-31 Dec. 2014
| Source: Kesko Oyj