Kesko's sales increased in May

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.06.2016 AT 09.00 1(2)

Kesko's sales increased in May

Kesko Group's sales in May 2016 totalled €841.0 million and were up 13.2%. In comparable terms, sales increased by 5.2% in local currencies, excluding the impact of Suomen Lähikauppa.

"In May, Kesko's sales increased in all strategic growth areas, i.e. the grocery trade, the building and home improvement trade and the car trade," says Kesko's President and CEO Mikko Helander.

The sales of Kesko's grocery trade in May were €465.6 million and increased by 23.1%. Suomen Lähikauppa excluded, the sales of the grocery trade were €391.6 million, representing a comparable change of +4.2%. There were two delivery days more than in the previous year.

The sales of the home improvement and speciality goods trade in May were €305.9 million, up 6.8% in local currencies. In Finland, sales grew by 4.6%. Outside Finland, sales increased by 9.1% in local currencies. The sales of the building and home improvement trade increased by 6.4% in local currencies. The sales of the leisure trade increased by 12.9% in local currencies and the sales of the agricultural and machinery trade by 9.0%.

The sales of the car trade in May were €70.7 million, up 8.2% from the previous year.

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

Kesko Group's sales in euros, excluding VAT, in January-May 2016:

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 May 2016, the number of selling days in Kesko's wholesale in Finland was 21, which was two more than in the previous year. The total number of selling days in January-May 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

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