KESKO CORPORATION STOCK EXCHANGE RELASE 14.03.2013 AT 09.00 1(2)
The Kesko Group's sales in February 2013, excluding VAT, totalled €676.1 million, down 7.4%.
In Kesko's food trade, sales in February were €325.2 million, a decrease of 2.2% compared to the previous year. The number of delivery days in February was one less than in the previous year.
In the home and speciality goods trade, sales in February were €103.4 million, a decrease of 4.6%. The sales of Indoor and Intersport Finland increased. The sales of K-citymarket home and speciality goods and Anttila decreased. The number of retail selling days in February was one less than in the previous year. The impact of network changes in Musta Pörssi and Intersport Russia on the total sales performance of the home and speciality goods trade was -1.4 percentage points.
In the building and home improvement trade, sales in February were €183.1 million, a decrease of 9.9%. Sales in Finland were down 8.4%. In terms of euros, sales abroad decreased by 11.3%, which is partly attributable to the changes in the chain that took place in Norway in 2012.
In the car and machinery trade, sales in February were €75.8 million, a decrease of 23.2%. VV-Auto's sales in February were €59.2 million, down 24.5%. In the previous year, sales increased due to the car tax change effective 1 April 2012. Konekesko's sales in February were €16.7 million, a decrease of 18.0% from the previous year.
Kesko Group sales in euros, excluding VAT, in February 2013:
| February | 2013 | 1.1. - | 28.2.2013 | |
| € million | Change, % | € million | Change, % | |
| Food trade, total | 325.2 | -2.2 | 669.3 | 3.9 |
| Home and speciality goods trade, total | 103.4 | -4.6 | 226.1 | -3.6 |
| Building and home improvement trade, Finland | 92.4 | -8.4 | 177.6 | -1.8 |
| Building and home improvement trade, other countries | 90.7 | -11.3 | 184.4 | -9.2 |
| Building and home improvement trade, total | 183.1 | -9.9 | 362.0 | -5.7 |
| Car and machinery trade, total | 75.8 | -23.2 | 160.9 | -24.7 |
| Common operations and eliminations | -11.5 | -25.7 | ||
| Grand total | 676.1 | -7.4 | 1,392.6 | -4.0 |
| Finland, total | 576.1 | -7.0 | 1,187.4 | -3.4 |
| Other countries, total | 100.0 | -9.5 | 205.3 | -6.9 |
| Grand total | 676.1 | -7.4 | 1,392.6 | -4.0 |
Change, % indicates the change over the corresponding period of the previous year.
In February 2013, 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-February was the same as in the previous year. The number of retail selling days in February was 28, which was one less than in the previous year. The total number of retail selling days in January-February was one less 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, Corporate Controller Eva Kaukinen, tel. +358 1053 22338.
Kesko Corporation
Merja Haverinen
Vice President, Corporate Communications
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi (http://www.kesko.fi/)
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(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
