KESKO CORPORATION STOCK EXCHANGE RELEASE 16.01.2014 AT 09.00 1(2)
The Kesko Group's sales, excluding VAT, in December 2013 totalled €813.4
million, down 3.0%.
In Kesko's food trade, sales in December were €407.9 million, an increase of
4.3% compared to the previous year. In December, the number of delivery days was
one more than in the previous year.
In the home and speciality goods trade, sales in December were €192.4 million, a
decrease of 10.2%. Sales performance was impacted by the decrease in department
store sales, as well as network changes in Musta Pörssi and Intersport Russia.
Online sales were up from the previous year.
In the building and home improvement trade, sales in December were €165.0
million, a decrease of 9.5%. In terms of local currencies and excluding the
impact of retailer changes in Norway, sales increased by 0.2%. Sales in Finland
decreased by 6.3%. Sales abroad decreased by 11.7% in terms of euros. In terms
of local currencies and excluding the impact of retailer changes in Norway,
sales growth in foreign operations was 4.6%. In December, the number of delivery
days was one more than in the previous year.
In the car and machinery trade, sales in December were €64.4 million, a decrease
of 3.1%. VV-Auto's sales in December were €46.7 million, up 1.2%. In both
December and throughout 2013, Volkswagen was the market leader in the first
registrations of both passenger cars and vans. In 2013, the combined market
share of passenger car and van brands represented by VV-Auto was 20.6% (20.2%).
Konekesko's sales in December were €17.7 million, a decrease of 12.9% from the
previous year.
Kesko Group sales in euros, excluding VAT, in December 2013:
 December 2013 1.1. - 31.12.2013
 € million Change, % € million Change, %
Food trade, total 407.9 4.3 4,427.8 1.7
Home and speciality goods trade, total 192.4 -10.2 1,469.1 -9.4
Building and home improvement trade, 69.6 -6.3 1,202.8 -4.7
Finland
Building and home improvement trade, 95.4 -11.7 1,464.6 -10.6
other countries
Building and home improvement trade, 165.0 -9.5 2,667.4 -8.0
total
Car and machinery trade, total 64.4 -3.1 1,058.1 -6.8
Common operations and eliminations -16.3 Â -173.1
Grand total 813.4 -3.0 9,449.2 -4.0
Finland, total 697.3 -2.4 7,764.0 -3.4
Other countries, total 116.1 -6.5 1,685.2 -6.6
Grand total 813.4 -3.0 9,449.2 -4.0
Change, % indicates the change over the corresponding period of the previous
year.
In December 2013, the number of selling days in Kesko's wholesale in Finland was
18, which was one more than in the previous year. The total number of selling
days in January-December was the same as in the previous year. The number of
retail selling days in December was 28, which was the same as in the previous
year. The total number of retail selling days in January-December 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. +358Â 105Â 322 338.
Kesko Corporation
Merja Haverinen
Vice President, Corporate Communications
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
This announcement is distributed by GlobeNewswire on behalf of
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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 GlobeNewswire
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