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Kesko's sales in February 2015: Sales in the grocery trade remained the same, sales in the home improvement and speciality goods trade increased in Finland

KESKO CORPORATION STOCK EXCHANGE RELEASE 13.03.2015 AT 09.00 1(2)

Kesko`s sales in February 2015: Sales in the grocery trade remained the same, sales in the home improvement and speciality goods trade increased in Finland

Kesko Group`s sales, excluding VAT, in February 2015 totalled €648.8 million, down 1.6%. In terms of local currencies, sales were at the same level as in the previous year.

In Kesko`s grocery trade, sales in February were €346.2 million, which was at the same level as in the previous year.

In the home improvement and speciality goods trade, sales in February were €229.1 million, a decrease of 1.7%. In terms of local currencies, however, sales increased by 2.3%. In Finland, sales increased by 0.7% and in other countries by 4.8% in local currencies, but decreased by 5.4% in euros. In Finland, sales in the building and home improvement trade increased by 4.7% and sales in the speciality goods trade decreased by 5.4%.

In the car and machinery trade, sales in February were €74.9 million, a decrease of 8.0%. VV-Auto`s sales in February were €59.8 million, down 5.2%. Konekesko`s sales in February were €15.1 million, a decrease of 17.7%.

Kesko Group`s sales in euros, excluding VAT, in February 2015:

  February 2015 1.1.  - 28.2.2015
  € million Change, % € million Change, %
Grocery trade, total 346.2 -0.3 696.1 -3.1
Home improvement and speciality goods trade, Finland 141.3 0.7 266.3 -4.5
Home improvement and speciality goods trade, other countries 87.8 -5.4 175.9 -6.5
Home improvement and speciality goods trade, total 229.1 -1.7 442.2 -5.3
Car and machinery trade, total 74.9 -8.0 166.7 -8.4
Common operations and eliminations -1.4   -2.8  
Grand total 648.8 -1.6 1,302.2 -4.5
         
Finland, total 550.7 -0.1 1,105.4 -3.8
Other countries, total 98.1 -9.1 196.8 -8.4
Grand total 648.8 -1.6 1,302.2 -4.5

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

In February 2015, the number of selling days in Kesko`s wholesale in Finland was 20, which was the same as in the previous year. The total number of selling days in January-February was one less than in the previous year. The number of retail selling days in February was 28, which was the same as in the previous year. The total number of retail selling days in January-February 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



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Source: Kesko Oyj via GlobeNewswire

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