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2009-07-14 10:00:00 CEST 2009-07-14 10:01:41 CEST REGULATED INFORMATION Kesko Oyj - Company AnnouncementKesko's June sales dropped by 10.1%KESKO CORPORATION STOCK EXCHANGE RELEASE 14.07.2009 AT 11.00 1(2) The Kesko Group's sales from continuing operations in June 2009 totalled €740.1 million (excluding VAT), which is down by 10.1% compared with the previous year. In January-June the sales totalled €4,218.4 million (excluding VAT), which is down by 13.8%. In the food trade, sales in June were €335.8 million, an increase of 4.0%. Sales to the K-food store chains were up 6.6%. In the home and speciality goods trade, sales in June were €112.9 million, down 2.5%. Anttila's sales were €35.8 million, down 6.1%. The sales of K-citymarket's home and speciality goods trade were €45.3 million, up 3.7%. In the building and home improvement trade, sales in June were €225.2 million, a decrease of 17.4%. Sales in Finland were down 13.1%. Sales in foreign countries decreased by 20.5% in terms of euros and by 12.5% in terms of local currencies. In the Baltic countries, sales were down 31.8%. In Russia, sales dropped by 10.5% in terms of euros, but increased by 6.3% in terms of the local currency. In the car and machinery trade, VV-Auto's sales in June were €45.9 million, which is down by 36.9% compared with the previous year. In addition to the market downturn in the car trade, sales performance was affected by the car tax act which came into force in April, because of which car tax levied on cars after 1 April 2009 is not included in the sales figures. In Finland, new registrations of passenger cars dropped by 35.0% in June. Konekesko's sales in June were €34.0 million, down 37.8%. Sales decreased by 31.7% in Finland and by 43.2% abroad. The Kesko Group's sales in euros, excluding VAT, in June 2009: June 2009 1.1. - 30.6.2009 € million Change, % € million Change, % Food trade, total 335.8 4.0 1,882.0 3.6 Home and speciality goods 111.1 -2.1 671.1 -4.9 trade, Finland Home and speciality goods 1.8 -21.9 14.3 -41.4 trade, other countries Home and speciality goods 112.9 -2.5 685.4 -6.1 trade, total Building and home improvement 99.9 -13.1 567.3 -23.4 trade, Finland Building and home improvement 125.3 -20.5 623.4 -26.5 trade, other countries Building and home improvement 225.2 -17.4 1,190.7 -25.1 trade, total Car and machinery trade, 62.9 -35.3 453.9 -32.4 Finland Car and machinery trade, 17.0 -43.4 87.1 -49.4 other countries Car and machinery trade, 79.9 -37.2 540.9 -35.8 total Common operations and -13.7 -80.7 eliminations Finland, total 595.3 -5.9 3,490.2 -9.3 Other countries, total 144.8 -24.0 728.2 -30.6 Grand total 740.1 -10.1 4,218.4 -13.8 With effect from 1 January 2009, the Kesko Group's 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). Change, % indicates the change over the corresponding period of the previous year. In June 2009, the number of selling days in Kesko's wholesale was 21, which is one more than in June 2008. The total number of selling days in January-June was three less than in the previous year. The number of retail selling days in June was 28, which is the same as in the previous year. The total number of retail selling days in January-June was four 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 NASDAQ OMX Helsinki Main news media www.kesko.fi |
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