KESKO CORPORATION STOCK EXCHANGE RELEASE 14.06.2012 AT 09.00 1(2)
The Kesko Group's sales in May 2012, excluding VAT, totalled €861.6 million and were at the same level as the year before.
In Kesko's food trade, sales in May were €372.1 million, an increase of 5.2%. Sales to the K-food store chains were up by 3.1%. The sales of Pirkka products to K-food stores increased by 17.2%. The sales of Kespro Ltd grew by 8.3%.
In the home and speciality goods trade, sales in May were €123.5 million, an increase of 3.3%.K-citymarket's sales of home and speciality goods, and the sales of Asko, Sotka and Intersport grew compared to the previous year.
In the building and home improvement trade, sales in May were €284.1 million, which was the same level as the year before. Sales in Finland were down by 3.6%. Sales abroad increased by 2.9% in terms of euros. In Russia, sales increased by 19.2% in terms of euros.
In the car and machinery trade, sales in May were €96.5 million, a decrease of 18.4%. VV-Auto's sales in May were €58.8 million, down 28.1%, which was attributable to the car tax change effective from 1 April 2012. Konekesko's sales in May were €37.8 million, an increase of 3.4% compared to the previous year.
Kesko Group sales in euros, excluding VAT, in May 2012:
| May | 2012 | 1.1. - | 31.5.2012 | |
| € million | Change, % | € million | Change, % | |
| Food trade, total | 372.1 | 5.2 | 1,754.9 | 5.3 |
| Home and speciality goods trade, total | 123.5 | 3.3 | 610.8 | 4.8 |
| Building and home improvement trade, Finland | 128.3 | -3.6 | 560.1 | 4.9 |
| Building and home improvement trade, other countries | 155.8 | 2.9 | 616.8 | 7.8 |
| Building and home improvement trade, total | 284.1 | -0.1 | 1,176.9 | 6.4 |
| Car and machinery trade, total | 96.5 | -18.4 | 539.5 | 4.0 |
| Common operations and eliminations | -14.6 | -69.3 | ||
| Grand total | 861.6 | 0.1 | 4,012.8 | 5.5 |
| Finland, total | 689.3 | -1.2 | 3,335.4 | 4.5 |
| Other countries, total | 172.3 | 6.1 | 677.4 | 10.7 |
| Grand total | 861.6 | 0.1 | 4,012.8 | 5.5 |
Change, % indicates the change over the corresponding period of the previous year.
In May 2012, the number of selling days in Kesko's wholesale in Finland was 21, which was one less than in the previous year. The total number of selling days in January-May was the same as in the previous year. The number of retail selling days in May was 27, which was two less than in the previous year. The total number of retail selling days in January-May was one less than in the previous year.
Kesko releases advance information on the K-Group's retail sales quarterly, in connection with the interim reports.
Further information is available from Vice President, Corporate Controller Eva Kaukinen, tel. +358 1053 22338.
Kesko Corporation
Merja Haverinen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi (http://www.kesko.fi/)
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Kesko Oyj via Thomson Reuters ONE
