2013-12-16 08:00:31
Kesko's sales in November 2013
KESKO CORPORATION STOCK EXCHANGE RELEASE 16.12.2013 AT 09.00 1(2)
The Kesko Group's sales, excluding VAT, in November 2013 totalled €759.3 million, down 6.2%.
In Kesko's food trade, sales in November were €362.0 million, a decrease of 2.5% compared to the previous year. In November, the number of delivery days was one less than in the previous year.
In the home and speciality goods trade, sales in November were €123.5 million, a decrease of 9.2%. Sales performance was particularly impacted by the decrease in department store sales, as well as network changes in Musta Pörssi and Intersport Russia. Indoor's sales increased.
In the building and home improvement trade, sales in November were €205.1 million, a decrease of 12.6%. In terms of local currencies and excluding the impact of retailer changes in Norway, sales decreased by 3.5%. Sales in Finland decreased by 12.6%. Sales abroad decreased by 12.6% in terms of euros. In terms of local currencies and excluding the impact of retailer changes in Norway, sales growth in foreign operations was 3.3%. In November, the number of delivery days was one less than in the previous year.
In the car and machinery trade, sales in November were €82.4 million, an increase of 0.7%. VV-Auto's sales in November were €66.4 million, up 5.1%. Konekesko's sales in November were €15.9 million, a decrease of 14.4% from the previous year.
Kesko Group sales in euros, excluding VAT, in November 2013:
| November | 2013 | 1.1. - | 30.11.2013 |
| € million | Change, % | € million | Change, % |
Food trade, total | 362.0 | -2.5 | 4,019.9 | 1.5 |
Home and speciality goods trade, total | 123.5 | -9.2 | 1,276.7 | -9.3 |
Building and home improvement trade, Finland | 85.0 | -12.6 | 1,133.1 | -4.6 |
Building and home improvement trade, other countries | 120.1 | -12.6 | 1,369.3 | -10.5 |
Building and home improvement trade, total | 205.1 | -12.6 | 2,502.4 | -7.9 |
Car and machinery trade, total | 82.4 | 0.7 | 993.7 | -7.1 |
Common operations and eliminations | -13.6 | | -156.8 | |
Grand total | 759.3 | -6.2 | 8,635.8 | -4.1 |
| | | | |
Finland, total | 624.4 | -5.9 | 7,066.7 | -3.5 |
Other countries, total | 134.9 | -7.7 | 1,569.1 | -6.6 |
Grand total | 759.3 | -6.2 | 8,635.8 | -4.1 |
| | | | |
Change, % indicates the change over the corresponding period of the previous year.
In November 2013, 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-November was one less than in the previous year. The number of retail selling days in November was 28, which was the same as in the previous year. The total number of retail selling days in January-November 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. +358 105 322 338.
Kesko Corporation
Merja Haverinen
Vice President, Corporate Communications
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
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Source: Kesko Oyj via Globenewswire
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