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2007-05-10 10:02:08 CEST 2007-05-10 10:02:08 CEST REGULATED INFORMATION Kesko Oyj - Company AnnouncementKesko's food and building and home improvement sales continue good growthKESKO CORPORATION STOCK EXCHANGE RELEASE 10.05.2007 Kesko's food and building and home improvement sales continue good growth The Kesko Group's sales, excluding VAT, in April 2007 totalled €795.9 million, an increase of 11.4% over the corresponding period last year. In January-April, the sales, excluding VAT, were €3,019.5 million, up 11.3% on the previous year. In January-April, the sales of foreign operations were €607.5 million, accounting for 20.1% of the Group's sales. Kesko Food's sales continued to progress well and increased by 8.3% in April. Rautakesko's sales in April grew by 28.3% and were €214.1 million. Sales in Finland were up by 22.7%. Abroad, sales increased by 32.6%. Sales growth in the Baltic countries was 35.4% and in Russia 55.5%. VV-Auto's sales in April were €71.7 million, which is up by 6.6% on last year. In Finland, the number of first registrations of passenger cars increased by 0.4% in April. The market share of passenger cars represented by VV-Auto was 15.0% (14.4%). Anttila's sales in April were €32.9 million, a decrease of 7.4%. The sales trend was affected by the closing down of the City department store in Helsinki due to the expiry of the lease agreement, and by the renovation of the Kodin Ykkönen department store in Varisto, Vantaa. Kesko Agro's sales in April were €75.2 million, up 5.2%. Sales in Finland grew by 5.8% thanks to the sales of grain and implements. The sales in the Baltic countries grew by 4.1%. Kesko Group sales, excluding VAT, in April 2007 April 2007 1.1. - 30.04.20 07 € million Change, € Change, % million % Kesko Food, Finland 315.6 8.1 1,206.4 8.7 Kesko Food, other 1.4 52.6 5.3 14.3 countries Kesko Food, total 317.0 8.3 1,211.7 8.8 Rautakesko, Finland 89.3 22.7 311.5 17.1 Rautakesko, other 124.8 32.6 445.0 32.8 countries Rautakesko, total 214.1 28.3 756.5 25.8 VV-Auto, Finland 69.0 6.1 316.7 5.4 VV-Auto, other countries 2.7 21.0 8.5 61.3 VV-Auto, total 71.7 6.6 325.2 6.4 Anttila, Finland 31.0 -7.5 144.7 -1.8 Anttila, other countries 1.9 -5.3 8.0 -2.7 Anttila, total 32.9 -7.4 152.7 -1.9 Kesko Agro, Finland 48.4 5.8 166.9 5.6 Kesko Agro, other 26.8 4.1 78.1 1.4 countries Kesko Agro, total 75.2 5.2 245.0 4.2 Other operating 87.7 7.4 319.9 3.5 activities, Finland Other operating 15.4 6.6 67.8 23.5 activities, other countries Others, total 103.1 7.3 387.7 6.5 Others/eliminations -18.1 -59.3 Finland, total 625.5 8.7 2,412.0 8.2 Other countries, total 170.4 23.0 607.5 25.8 Grand total 795.9 11.4 3,019.5 11.3 Other operating activities consist of Konekesko, Intersport Finland, Indoor Group, Musta Pörssi, WellStep, Tähti Optikko Group, Kauko-Telko and support functions. Starting from 1 March 2006, VV-Auto's sales figures include the sales of the new Volkswagen and Audi retail outlets acquired. Kesko Food is looking into opportunities to dispose of its HoReCa wholesaling subsidiary, Kespro Ltd, and its sourcing operations. Kespro and its sourcing operations will be classified as discontinuing operations in compliance with the IFRS 5 when they meet the criteria of the standard. Change, % indicates the percentage change over the corresponding period of the previous year. In April 2007, the number of trading days in Kesko's wholesale was 19, which was one more than in April 2006. The total number of trading days in January-April was one more 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 Arja Talma, Senior Vice President, CFO, tel. +358 1053 22113. Kesko Corporation Harri Utoslahti Communications Manager DISTRIBUTION Helsinki Stock Exchange Main news media |
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