Kesko Oyj - Company Announcement

Kesko's sales increased in June

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.7.2016 AT 09.00 1(2)

Kesko's sales increased in June

Kesko Group's sales in June 2016 totalled €1,006.4 million and were up 31.4%. In
comparable terms, sales increased by 5.7% in local currencies, excluding the
impact of Suomen Lähikauppa and Onninen.

"In June, Kesko's sales increased in comparable terms in all divisions. The
acquisition of Onninen was finalised at the beginning of June and caused a
significant increase in the sales of the building and technical trade," says
Kesko's President and CEO Mikko Helander.

The sales of Kesko's grocery trade in June were €481.9 million and increased by
21.7%. Suomen Lähikauppa excluded, the sales of the grocery trade were €414.5
million, representing a comparable change of +4.7%.

The sales of the building and technical trade in June were €450.4 million, up
48.6%. Excluding Onninen, the sales of the building and technical trade were
€310.4 million, up 5.7% in local currencies. In Finland, excluding Onninen,
sales grew by 1.1%. Outside Finland, excluding Onninen, sales increased by
10.0% in local currencies. The sales of the building and home improvement trade
increased by 4.8% in local currencies. The sales of the leisure trade were at
the same level as in the previous year in local currencies and the sales of the
agricultural and machinery trade increased by 14.4%.

The sales of the car trade in June were €74.8 million, up 13.9% from the
previous year.

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

                                               € million Change, %  change, %


 Grocery trade, total                              481.9     +21.7       +4.7

 Building and technical trade, Finland             213.9     +47.7       +1.1

 Building and technical trade, other countries     236.5     +49.4      +10.0

 Building and technical trade, total               450.4     +48.6       +5.7

 Car trade, total                                   74.8     +13.9      +13.9

 Common functions and eliminations                  -0.8

 Grand total                                     1,006.4     +31.4       +5.7



 Finland, total                                    760.3     +27.2       +5.0

 Other countries, total                            246.0     +46.5      +10.4

 Grand total                                     1,006.4     +31.4       +5.7



Kesko Group's sales in euros, excluding VAT, in January-June 2016:
                                                1.1. - 30.6.2016   Comparable

                                               € million Change, %  change, %


 Grocery trade, total                            2,471.5      +8.4       +0.7

 Building and technical trade, Finland             963.3      +2.3       +0.8

 Building and technical trade, other countries     820.4      +9.3       +7.1

 Building and technical trade, total             1,783.8      +5.4       +3.7

 Car trade, total                                  451.8      +9.8       +9.8

 Common functions and eliminations                  -2.6

 Grand total                                     4,704.5      +7.3       +2.5



 Finland, total                                  3,830.1      +6.8       +1.4

 Other countries, total                            874.4      +9.3       +8.7

 Grand total                                     4,704.5      +7.3       +2.5



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 June 2016, the number of selling days in Kesko's wholesale in Finland was
21, which was the same as in the previous year. The total number of selling days
in January-June 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



Merja Haverinen
Vice President, Group Communications


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

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