Kesko's sales increased in December in all divisions


KESKO CORPORATION STOCK EXCHANGE RELEASE 18.01.2016 AT 09.00 1(2)

Kesko's sales increased in December in all divisions

Kesko Group's sales in December 2015 totalled €781.8 million. In comparable terms excluding Anttila, sales increased by 3.0% in local currencies.

"In December, Kesko's sales increased in all divisions, especially in the car trade and the home improvement and speciality goods trade. Sales grew also in the grocery trade, although prices continued to decline further," says Kesko's President and CEO Mikko Helander.

In Kesko's grocery trade, sales in December were €483.1 million, an increase of 0.6% in local currencies.

In the home improvement and speciality goods trade, sales in December were €235.4 million, and comparable sales excluding Anttila increased by 4.9% in local currencies. In Finland, comparable sales were up by 2.4%. Outside Finland, comparable sales grew by 7.7% in local currencies. In the building and home improvement trade, sales increased by 2.7% in local currencies.

In the car trade, sales in December were €62.5 million, up 18.3% from the previous year.

Kesko Group's sales in euros, excluding VAT, in December 2015:

  December 2015 Change, %
  € million Change, % in local currencies excl. Anttila
Grocery trade, total 483.1 +0.7 +0.6
Home improvement and speciality goods trade, Finland 118.6 -29.2 +2.4
Home improvement and speciality goods trade, other countries 116.8 +17.5 +7.7
Home improvement and speciality goods trade, total 235.4 -11.8 +4.9
Car trade, total 62.5 +18.3 +18.3
Common operations and eliminations 0.8    
Grand total 781.8 -2.0 +3.0
       
Finland, total 651.6 -5.5 +1.8
Other countries, total 130.2 +19.6 +10.4
Grand total 781.8 -2.0 +3.0
       

Kesko Group's sales in euros, excluding VAT, in January-December 2015:

  1.1. - 31.12.2015 Change, %
  € million Change, % in local currencies excl. Anttila
Grocery trade, total 4,733.8 -1.4 -0.7
Home improvement and speciality goods trade, Finland 1,757.9 -13.9 -1.0
Home improvement and speciality goods trade, other countries 1,565.6 -2.2 +5.8
Home improvement and speciality goods trade, total 3,323.5 -8.8 +2.3
Car trade, total 770.2 -2.1 -2.1
Common operations and eliminations 8.4    
Grand total 8,835.9 -4.1 +0.3
       
Finland, total 7,163.7 -4.6 -1.4
Other countries, total 1,672.2 -1.9 +7.6
Grand total 8,835.9 -4.1 +0.3
       

Change, %, indicates the change compared to the corresponding period of the previous year.

In December 2015, the number of selling days in Kesko's wholesale in Finland was 21, which was one more than in the previous year. The total number of selling days in January-December was one more than in the previous year. The number of retail selling days in December was 28, which was the same as in the previous year. The total number of retail selling days in January-December was the same as in the previous year.

Kesko releases advance information on the K-Group's retail sales quarterly, in connection with interim reports.

Further information is available from Vice President, Group Controller Eva Kaukinen, tel. +358 105 322 338.

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main news media
www.kesko.fi