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Indiaexportnews.com

Kesko's sales in May down 5.9%.

  12.06.2014    

Kesko Group's sales, excluding VAT, in May 2014 totalled €797.1 million, down 5.9%. 
In Kesko's food trade, sales in May were €358.0 million, a decrease of 7.4% compared to the previous year. The number of delivery days in May was one less than in the previous year. 
In the home and speciality goods trade, sales in May were €101.1 million, a decrease of 9.6%. Consumer demand remained weak and sales declined particularly in the department store trade.  
In the building and home improvement trade, sales in May were €253.5 million, a decrease of 3.3%. In terms of local currencies, sales increased by 1.0%. Sales in Finland decreased by 2.1%. Sales abroad decreased by 4.3% in euros, but increased by 3.5% in local currencies.
In the car and machinery trade, sales in May were €99.7 million, a decrease of 2.7%. VV-Auto's sales in May were €70.8 million, up 1.4%. Konekesko's sales in May were €29.0 million, a decrease of 11.0% from the previous year.
In May 2014, the number of selling days in Kesko's wholesale in Finland was 20, which was one less than in the previous year. The total number of selling days in January-May was two less than in the previous year. The number of retail selling days in May was 28, which was one more than in the previous year. The total number of retail selling days in January-May was one more than in the previous year.



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