2016-10-14 08:01:38 CEST

2016-10-14 08:01:38 CEST


REGULATED INFORMATION

Finnish English
Kesko Oyj - Company Announcement

Kesko's sales increased in September


KESKO CORPORATION STOCK EXCHANGE RELEASE 14.10.2016 AT 09.00 1(2)

Kesko's sales increased in September

Kesko Group's sales in September 2016 totalled €966.3 million and were up
32.5%. In comparable terms, sales increased by 3.6% in local currencies,
excluding the impact of Suomen Lähikauppa and Onninen.

"Kesko's sales continued to grow in September. Comparable sales, too, increased
in all divisions," says Kesko's President and CEO Mikko Helander.

The sales of the grocery trade in September were €456.0 million and increased by
17.5%. Suomen Lähikauppa excluded, the sales of the grocery trade were €392.2
million, representing a comparable change of +0.9%.

The sales of the building and technical trade in September were €437.2 million,
up 54.5%. Excluding Onninen, the sales of the building and technical trade were
€290.1 million, up 2.7% in local currencies. In Finland, sales excluding Onninen
were up by 1.4%. Outside Finland, sales excluding Onninen increased by 4.1% in
local currencies. The sales of the building and home improvement trade increased
by 5.5% in local currencies. The sales of the leisure trade increased by 14.3%
in Finland and the sales of the agricultural and machinery trade were down by
8.7%.

The  sales of the car  trade in September were  €74.0 million, up 29.1% from the
previous year.

Kesko Group's sales in euros, excluding VAT, in September 2016:
                                              September 2016      Comparable

                                              € million Change, %  change, %


Grocery trade, total                              456.0     +17.5       +0.9

Building and technical trade, Finland             222.5     +50.5       +1.4

Building and technical trade, other countries     214.7     +58.9       +4.1

Building and technical trade, total               437.2     +54.5       +2.7

Car trade, total                                   74.0     +29.1      +29.1

Common functions and eliminations                  -0.8

Grand total                                       966.3     +32.5       +3.6



Finland, total                                    742.2     +26.4       +3.3

Other countries, total                            224.1     +57.3       +5.1

Grand total                                       966.3     +32.5       +3.6



Kesko Group's sales in euros, excluding VAT, in January-September 2016:
                                               1.1. - 30.9.2016   Comparable

                                              € million Change, %  change, %


Grocery trade, total                            3,852.4     +11.1       +0.2

Building and technical trade, Finland           1,601.5     +16.6       +0.8

Building and technical trade, other countries   1,455.6     +21.6       +5.7

Building and technical trade, total             3,057.2     +18.9       +3.1

Car trade, total                                  644.4      +9.8       +9.8

Common functions and eliminations                  -5.5

Grand total                                     7,548.5     +13.9       +2.0



Finland, total                                  6,010.5     +12.2       +0.8

Other countries, total                          1,538.0     +20.9       +6.9

Grand total                                     7,548.5     +13.9       +2.0



Change, %, indicates the change compared to the corresponding period of the
previous year. Comparable change, %, indicates the change compared to the
corresponding period of the previous year in local currencies and excluding the
impact of acquisitions and disposals.

In September 2016, the number of selling days in Kesko's wholesale in Finland
was 22, which was the same as in the previous year. The total number of selling
days in January-September was two more 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, Group Controller Eva
Kaukinen, tel. +358 105 322 338.

Kesko Corporation



DISTRIBUTION
Nasdaq Helsinki Ltd
Main news media
www.kesko.fi

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