Kesko Oyj - Company Announcement

Kesko's sales increased in April

KESKO CORPORATION STOCK EXCHANGE RELEASE 16.05.2016 AT 09.00 1(2)

Kesko's sales increased in April

Kesko Group's sales in April 2016 totalled €810.7 million and were up 6.1%. In
comparable terms, sales increased by 2.5% in local currencies, excluding the
impact of Suomen Lähikauppa.

"In April, Kesko's sales increased in all divisions. As of 12 April 2016, the
sales of the grocery trade include the sales of Suomen Lähikauppa, acquired in
April. The sales of the the building and home improvement trade and the sales of
the car trade grew strongly," says Kesko's President and CEO Mikko Helander.

The sales of Kesko's grocery trade in April were €418.9 million and increased by
7.3% from the previous year. Suomen Lähikauppa excluded, the sales of the
grocery trade were €378.0 million, representing a comparable change of -2.8%.
The sales performance was partly attributable to the declining price trend in
the grocery trade, as well as the change in the operating model of store fixture
sales which reduced the sales by -1.2 percentage points. There was one delivery
day more than in the previous year.

The sales of the home improvement and speciality goods trade in April were
€315.5 million, and comparable sales increased by 7.4% in local currencies. In
Finland, sales grew by 5.7%. Outside Finland, comparable sales increased by
9.4% in local currencies. The sales of the building and home improvement trade
increased by 10.9% in local currencies.

The sales of the car trade in April were €76.2 million, up 13.0% from the
previous year.

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

                                                  April 2016          Comparable

                                                  € million Change, % change, %

Grocery trade, total                              418.9     +7.3      -2.8

Home improvement and speciality goods trade,
Finland                                           179.2     +5.7      +5.7

Home improvement and speciality goods trade,
other countries                                   136.3     +0.4      +9.4

Home improvement and speciality goods trade,
total                                             315.5     +3.4      +7.4

Car trade, total                                  76.2      +13.0     +13.0

Common functions and eliminations                 0.1

Grand total                                       810.7     +6.1      +2.5



Finland, total                                    664.6     +7.4      +0.8

Other countries, total                            146.0     +0.4      +11.1

Grand total                                       810.7     +6.1      +2.5




Kesko Group's sales in euros, excluding VAT, in January-April 2016:
                                                  1.1. - 30.4.2016    Comparable

                                                  € million Change, % change, %

Grocery trade, total                              1,524.0   +1.2      -1.2

Home improvement and speciality goods trade,
Finland                                           589.5     -8.4      -0.3

Home improvement and speciality goods trade,
other countries                                   437.9     -2.2      +5.5

Home improvement and speciality goods trade,
total                                             1,027.4   -5.9      +2.2

Car trade, total                                  306.4     +9.2      +9.2

Common functions and eliminations                 -0.6

Grand total                                       2,857.2   -0.7      +1.0



Finland, total                                    2,384.6   -0.6      -0.3

Other countries, total                            472.7     -1.2      +7.6

Grand total                                       2,857.2   -0.7      +1.0



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 acquistions and disposals.

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