Kesko's sales in May 2014

KESKO CORPORATION STOCK EXCHANGE RELEASE 12.06.2014 AT 09.00 1(2)

Kesko's sales in May 2014

Kesko Group's sales, excluding VAT, in May 2014 totalled €797.1 million, down 5.9%.

In Kesko's food trade, sales in May were €358.0 million, a decrease of 7.4% compared to the previous year. The number of delivery days in May was one less than in the previous year.

In the home and speciality goods trade, sales in May were €101.1 million, a decrease of 9.6%. Consumer demand remained weak and sales declined particularly in the department store trade. 

In the building and home improvement trade, sales in May were €253.5 million, a decrease of 3.3%. In terms of local currencies, sales increased by 1.0%. Sales in Finland decreased by 2.1%. Sales abroad decreased by 4.3% in euros, but increased by 3.5% in local currencies.

In the car and machinery trade, sales in May were €99.7 million, a decrease of 2.7%. VV-Auto's sales in May were €70.8 million, up 1.4%. Konekesko's sales in May were €29.0 million, a decrease of 11.0% from the previous year.

Kesko Group sales in euros, excluding VAT, in May 2014:

May20141.1. -31.05.2014€ millionChange, %€ millionChange, %Food trade, total358.0-7.41,761.7-1.6Home and speciality goods trade, total101.1-9.6510.1-10.4 Building and home improvement trade, Finland 113.2 -2.1 536.6 0.5 Building and home improvement trade, other countries 140.3 -4.3 563.2 1.9 Building and home improvement trade, total253.5-3.31,099.81.2Car and machinery trade, total99.7-2.7476.72.7Common operations and eliminations-15.2-72.4Grand total797.1-5.93,776.0-1.7 Finland, total 635.5 -6.7 3,113.1 -3.1 Other countries, total 161.6 -2.8 662.9 5.7 Grand total797.1-5.93,776.0-1.7

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

In May 2014, the number of selling days in Kesko's wholesale in Finland was 20, which was one less than in the previous year. The total number of selling days in January-May was two less than in the previous year. The number of retail selling days in May was 28, which was one more than in the previous year. The total number of retail selling days in January-May was one more than 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

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Source: Kesko Oyj via Globenewswire
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