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Kesko's sales in June 2014


July 14, 2014 - London

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.07.2014 AT 09.00 1(2)

Kesko's sales in June 2014

Kesko Group's sales, excluding VAT, in June 2014 totalled €792.1 million, down 0.9%.

In Kesko's food trade, sales in June were €369.7 million, matching the level of the previous year. The number of delivery days in June was one more than in the previous year.

In the home and speciality goods trade, sales in June were €94.7 million, a decrease of 7.5%. The sales performance was especially impacted by the decline in the sales of the department store trade. Sales growth was recorded by the online stores and Asko and Sotka. The number of retail selling days in June was one less than in the previous year.

In the building and home improvement trade, sales in June were €248.5 million, up 2.6%. In terms of local currencies, sales increased by 6.6%. Sales in Finland increased by 9.8%. Sales abroad decreased by 2.0% in euros, but increased by 4.5% in local currencies.

In the car and machinery trade, sales in June were €92.3 million, a decrease of 5.8%. VV-Auto's sales in June were €63.9 million, up 1.7%. Konekesko's sales in June were €28.4 million, a decrease of 19.0% from the previous year.

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

June 2014 1.1. - 30.06.2014
€ million Change, % € million Change, %
Food trade, total 369.7 0.0 2,131.4 -1.3
Home and speciality goods trade, total 94.7 -7.5 604.8 -10.0
Building and home improvement trade, Finland 104.7 9.8 641.2 1.9
Building and home improvement trade, other countries 143.8 -2.0 707.0 1.1
Building and home improvement trade, total 248.5 2.6 1,348.3 1.5
Car and machinery trade, total 92.3 -5.8 569.1 1.3
Common operations and eliminations -13.1 -85.5
Grand total 792.1 -0.9 4,568.0 -1.5
Finland, total 627.6 0.1 3,740.7 -2.6
Other countries, total 164.4 -4.3 827.3 3.6
Grand total 792.1 -0.9 4,568.0 -1.5

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

In June 2014, the number of selling days in Kesko's wholesale in Finland was 20, which was one more than in the previous year. The total number of selling days in January-June was one less than in the previous year. The number of retail selling days in June was 28, which was one less than in the previous year. The total number of retail selling days in January-June 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
Main news media
www.kesko.fi





This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kesko Oyj via Globenewswire

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GlobeNewswire

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