KESKO CORPORATION STOCK EXCHANGE RELEASE 09.10.2007 AT 11.00
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 stock exchange release as a whole in pdf
