|
|||
2009-03-13 10:00:00 CET 2009-03-13 10:01:13 CET REGULATED INFORMATION Kesko Oyj - Company AnnouncementKesko's February sales decreased by 15.3%KESKO CORPORATION STOCK EXCHANGE RELEASE 13.03.2009 AT 11.00 1(2) The Kesko Group's sales from continuing operations in February 2009 totalled €615.0 million (excluding VAT), which is down by 15.3% compared with the previous year. In January-February the sales from continuing operations totalled €1,276.3 million (excluding VAT), which is down by 15.3%. The sales from foreign operations in February were €96.4 million, a decrease of 32.3%. Foreign operations accounted for 16% of the Group's February sales. Food trade sales in February were €281.7 million, a decrease of 1.5%. Sales to K-food store chains equalled the level of the previous year. Home and speciality goods trade sales in February totalled €101.9 million, down 13.2%. The sales of household appliances and furniture decreased. The sales of sports goods and clothing increased. Anttila's sales were €33.3 million, down 16.0%. The sales of K-citymarket's home and speciality goods trade were €34.8 million, down 7.7%. The number of retail selling days in February was one less than in the previous year. Building and home improvement trade sales in February decreased by 28.6% to €162.5 million. Sales in Finland were down 27.6%. Sales in foreign countries decreased by 29.6% in terms of euros and by 22% in terms of local currencies. In the Baltic countries, sales declined by 41.3%. Stroymaster's sales in Russia decreased by 9.9% in terms of euros, but increased by 14.4% in terms of the local currency. In car and machinery trade, VV-Auto's sales in February were €57.6 million, which was 15.4% down on the previous year. The comparable period's sales were increased by the car tax change effective 1 January 2008. In Finland, first registrations of passenger cars dropped in February by a total of 40.3%. The market share of passenger cars represented by VV-Auto was 18.6% (16.3%). Konekesko's sales in February were €24.9 million, down 39.0%. In Finland, the sales decreased by 38.1% and in foreign countries by 40.1%. The Kesko Group's sales in euros, excluding VAT, in February 2009: February 2009 1.1. - 28.2.2009 € million Change, % € million Change, % Food trade, Finland 281.1 -1.3 568.1 1.2 Food trade, other countries 0.6 -49.7 1.2 -49.5 Food trade, total 281.7 -1.5 569.2 1.0 Home and speciality goods 99.9 -11.2 216.9 -6.3 trade, Finland Home and speciality goods 2.0 -58.7 5.6 -48.9 trade, other countries Home and speciality goods 101.9 -13.2 222.5 -8.2 trade, total Building and home improvement 79.9 -27.6 152.4 -28.6 trade, Finland Building and home improvement 82.5 -29.6 167.2 -29.8 trade, other countries Building and home improvement 162.5 -28.6 319.7 -29.2 trade, total Car and machinery trade, 71.2 -20.4 169.2 -26.9 Finland Car and machinery trade, 11.3 -41.5 20.9 -48.4 other countries Car and machinery trade, 82.5 -24.1 190.1 -30.1 total Common operations and -13.5 -25.3 eliminations Finland, total 518.6 -11.1 1,081.4 -11.0 Other countries, total 96.4 -32.3 194.8 -33.1 Grand total 615.0 -15.3 1,276.3 -15.3 With effect from 1 January 2009, the Kesko Group's primary reportable segments are the food trade, the home and speciality goods trade, the building and home improvement trade, and the car and machinery trade (stock exchange release on 12 December 2008). On 28 February 2008, the Kesko Group classified Kauko-Telko, and on 31 March 2008, Tähti Optikko Group as discontinuing operations, which is why the sales of those operating activities are not included in the above figures. Change, % indicates the change over the corresponding period of the previous year. In February 2009, the number of selling days in Kesko's wholesale was 20, which is one less than in February 2008. The total number of selling days in January-February was three less than in the previous year. The number of retail selling in February days was 24, which is one less than in the previous year. Kesko publishes advance information about the K-Group's retail sales quarterly, in connection with the interim financial reports. Further information is available from Jukka Erlund, Vice President, Corporate Controller, tel. +358 1053 22338. Kesko Corporation Paavo Moilanen Senior Vice President, Corporate Communications and Responsibility DISTRIBUTION Helsinki Stock Exchange Main news media |
|||
|