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2009-10-14 08:00:00 CEST 2009-10-14 08:02:05 CEST REGULATED INFORMATION Kesko Oyj - Company AnnouncementKesko's sales in September 2009KESKO CORPORATION STOCK EXCHANGE RELEASE 14.10.2009 AT 09.00 1(2) The Kesko Group's sales from continuing operations in September 2009 totalled €721.3 million (excluding VAT), which is down by 13.1% compared with the previous year. In January-September the sales totalled €6,386.3 million (excluding VAT), which is down by 13.3%. In the food trade, sales in September were €321.5 million, an increase of 1.5%. Sales to the K-food store chains were up by 4.2%. In the home and speciality goods trade, sales in September were €127.6 million, down by 3.6%. The sales of household goods and cosmetics developed best. Clothing and home technology sales decreased over the previous year. In the building and home improvement trade, sales in September were €213.7 million, a decrease of 21.4%. Sales in Finland were down by 19.9%, which can, above all, be attributed to the decrease in B-to-B sales and in the sales of agricultural supplies. In foreign countries, sales decreased by 22.6% in terms of euros, and by 16.3% in terms of local currencies. In the Baltic countries, sales were down by 43.6%. In Russia, sales dropped by 23.7% in terms of euros, and by 6.4% in terms of the local currency. In the car and machinery trade, VV-Auto's sales in September were €48.8 million, which is down by 37.7%. In addition to the market downturn in the car trade, the 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 sales figures. The share of passenger cars imported by VV-Auto out of new registrations increased to 18.7% in September. Konekesko's sales in September were €27.0 million, down by 46.7%. Sales decreased by 24.0% in Finland and by 61.0% in foreign countries as a result of the weakened machinery market and the downsizing of the Baltic agricultural trade. The Kesko Group's sales in euros, excluding VAT, in September 2009: September 2009 1.1. - 30.9.2009 € million Change, % € million Change, % Food trade, total 321.5 1.5 2,861.5 3.5 Home and speciality goods 125.2 -2.4 1,049.7 -4.2 trade, Finland Home and speciality goods 2.4 -41.4 21.3 -40.5 trade, other countries Home and speciality goods 127.6 -3.6 1,071.0 -5.3 trade, total Building and home improvement 94.8 -19.9 841.2 -22.6 trade, Finland Building and home improvement 118.9 -22.6 975.2 -25.6 trade, other countries Building and home improvement 213.7 -21.4 1,816.3 -24.2 trade, total Car and machinery trade, 62.9 -34.6 628.7 -33.5 Finland Car and machinery trade, 12.9 -60.6 130.5 -49.6 other countries Car and machinery trade, 75.7 -41.2 759.2 -36.9 total Common operations and -17.3 -121.7 eliminations Finland, total 586.5 -8.2 5,254.4 -8.7 Other countries, total 134.7 -29.5 1,132.0 -29.8 Grand total 721.3 -13.1 6,386.3 -13.3 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 September 2009, the number of selling days in Kesko's wholesale was 22, which is the same as in September 2008. The total number of selling days in January-September was three less than in the previous year. The number of retail selling days in September was 26, which is the same as in the previous year. The total number of retail selling days in January-September 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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