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2008-02-14 10:00:00 CET 2008-02-14 10:00:02 CET REGULATED INFORMATION Kesko Oyj - Company AnnouncementKesko's January sales increased by 10.5%KESKO CORPORATION STOCK EXCHANGE RELEASE 14.02.2008 AT 11.00 1(2) Kesko's January sales increased by 10.5% The Kesko Group's sales, excluding VAT, in January 2008 totalled €799.6 million, an increase of 10.5% over the corresponding period of the previous year. In January, the sales from foreign operations were €157.0 million, accounting for 19.6% of the Group's sales. Kesko Food's sales increased by 7.8% in January. The sales of all K-food store chains developed well. Rautakesko's sales grew by 16.8% to €191.5 million in January. Sales in Finland were up by 16.5%. Abroad, sales increased by 17.1%. In the Baltic countries, sales increased by 10.7% and in Russia by 39.7%. VV-Auto's sales were €119.3 million in January, which was 14.5% more than in the previous year. In Finland, first registrations of passenger cars increased by 27.6% in January. The market share of passenger cars represented by VV-Auto was 17.3% (15.2%). First registrations of passenger cars represented by VV-Auto were up by 45.2% in January. Anttila's sales in January were €46.3 million, up 12.0%. The increase is mainly attributable to the brisk sales of home electronics, information technology and home goods. The sales of Kodin Ykkönen department stores increased by 23.1% and those of Anttila department stores by 11.0%. Kesko Agro's sales in January were €51.9 million, up 3.4%. Sales in Finland decreased by 8.1% as a result of declined sales of animal feed and fertilizers. Sales in the Baltic countries grew by 35.3%, which is attributable to the grain trade. The Kesko Group's sales, excluding VAT, in January 2008: -------------------------------------------------------------------------------- | | January | 2008 | | | -------------------------------------------------------------------------------- | | € million | Change, % | | | -------------------------------------------------------------------------------- | Kesko Food, Finland | 305.8 | 7.8 | | | -------------------------------------------------------------------------------- | Kesko Food, other | 1.5 | 13.8 | | | | countries | | | | | -------------------------------------------------------------------------------- | Kesko Food, total | 307.3 | 7.8 | | | -------------------------------------------------------------------------------- | Rautakesko, Finland | 74.2 | 16.5 | | | -------------------------------------------------------------------------------- | Rautakesko, other | 117.3 | 17.1 | | | | countries | | | | | -------------------------------------------------------------------------------- | Rautakesko, total | 191.5 | 16.8 | | | -------------------------------------------------------------------------------- | VV-Auto, Finland | 117.4 | 15.5 | | | -------------------------------------------------------------------------------- | VV-Auto, other countries | 1.9 | -25.0 | | | -------------------------------------------------------------------------------- | VV-Auto, total | 119.3 | 14.5 | | | -------------------------------------------------------------------------------- | Anttila, Finland | 43.6 | 12.5 | | | -------------------------------------------------------------------------------- | Anttila, other countries | 2.7 | 4.6 | | | -------------------------------------------------------------------------------- | Anttila, total | 46.3 | 12.0 | | | -------------------------------------------------------------------------------- | Kesko Agro, Finland | 33.9 | -8.1 | | | -------------------------------------------------------------------------------- | Kesko Agro, other | 18.0 | 35.3 | | | | countries | | | | | -------------------------------------------------------------------------------- | Kesko Agro, total | 51.9 | 3.4 | | | -------------------------------------------------------------------------------- | Other operating | 69.3 | 13.1 | | | | activities, Finland | | | | | -------------------------------------------------------------------------------- | Other operating | 16.2 | -16.5 | | | | activities, | | | | | | other | | | | | | countries | | | | | -------------------------------------------------------------------------------- | Other operating | 85.5 | 6.0 | | | | activities, total | | | | | -------------------------------------------------------------------------------- | Common operations and | -2.2 | | | | | eliminations | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Finland, total | 642.6 | 9.9 | | | -------------------------------------------------------------------------------- | Other countries, total | 157.0 | 13.0 | | | -------------------------------------------------------------------------------- | Grand total | 799.6 | 10.5 | | | -------------------------------------------------------------------------------- Other operating activities consist of Konekesko, Intersport Finland, Indoor Group, Musta Pörssi, Kenkäkesko, Tähti Optikko Group and Kauko-Telko. Kesko is looking into opportunities to dispose of Kauko-Telko. Kauko-Telko will be classified as a discontinuing operation in compliance with the IFRS 5 when it meets the criteria of the standard. Starting from July 2007, Rautakesko's sales figures include the sales of OMA, the Belorussian subsidiary of Rautakesko's subsidiary Senukai. Change, % indicates the change over the corresponding period of the previous year. In January 2008, the number of trading days in Kesko's wholesale was 22, which was the same as in January 2007. Kesko publishes advance information about the K-Group's retail sales quarterly, in connection with the interim financial reports. Further information is available from Arja Talma, Senior Vice President, CFO, tel. +358 1053 22113. Kesko Corporation Paavo Moilanen Senior Vice President, Corporate Communications and Responsibility DISTRIBUTION Helsinki Stock Exchange Main news media |
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