Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Kesko    KESKOB   FI0009000202

KESKO

(KESKOB)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Kesko : sales in November

share with twitter share with LinkedIn share with facebook
share via e-mail
12/16/2019 | 01:56am EDT

'Reported sales grew in the grocery trade and in the car trade. The month had one delivery day less than the year before,' says Kesko's President and CEO Mikko Helander.

Sales in the grocery trade totalled €463.1 million in November, an increase of 1.0%. Sales grew in all K-food store chains.

Sales in the building and technical trade totalled €362.6 million in November, a decrease of 3.6% in comparable terms in local currencies. Comparable sales in the building and technical trade excluding the speciality goods trade decreased by 4.3%. Sales in Finland decreased by 4.8% and sales elsewhere by 3.8%. Sales in the speciality goods' leisure trade increased by 16.3%, while sales in the machinery trade decreased by 23.0% in comparable terms. Reported sales in the building and technical trade decreased by 1.5%.

Sales in the car trade totalled €81.0 million in November, representing a decrease of 2.2% in comparable terms. Reported sales increased by 10.9%.

Kesko Group's sales in euros, excluding VAT, in November 2019:

November 2019 Comparable
€ million Change, % change, %
Grocery trade, total 463.1 +1.0 +1.0
Building and technical trade, Finland 165.0 -3.3 -2.6
Building and technical trade, other countries 197.6 +0.0 -4.5
Building and technical trade, total 362.6 -1.5 -3.6
Car trade, total 81.0 +10.9 -2.2
Common functions and eliminations -0.4
Grand total 906.3 +0.7 -1.2
Finland, total 708.8 +0.9 -0.3
Other countries, total 197.6 +0.0 -4.5
Grand total 906.3 +0.7 -1.2

Kesko Group's sales in euros, excluding VAT, in January-November 2019:

1.1.-30.11.2019 Comparable
€ million Change, % change, %
Grocery trade, total 5,069.5 +3.1 +3.9
Building and technical trade, Finland 1,922.4 +1.0 +1.5
Building and technical trade, other countries 2,219.7 +9.7 +2.8
Building and technical trade, total 4,142.1 +5.5 +2.2
Car trade, total 816.2 -5.1 -12.4
Common functions and eliminations -5.1
Grand total 10,022.7 +3.3 +1.6
Finland, total 7,802.9 +1.6 +1.3
Other countries, total 2,219.7 +9.7 +2.8
Grand total 10,022.7 +3.3 +1.6

Change, % indicates the change when compared to the corresponding period of the previous year. The comparable change % has been calculated for the grocery trade excluding the impact of acquisitions and divestments completed in 2018, and including in the sales those stores formerly belonging to Suomen Lähikauppa which have been operating under the retailer business model in both years. The comparable change % for the building and technical trade has been calculated in local currencies and excluding the impact of acquisitions and divestments completed in 2018 and 2019.

The reported sales for Kesko Group's continuing operations include the acquisitions completed in 2018 and 2019, which are Reinin Liha and Kalatukku E. Eriksson in the grocery trade, Skattum Handel AS, Gipling AS, 1A Group, Sørbø Trelast AS and Fresks Group in the building and technical trade, and the Volkswagen, Audi and SEAT businesses of Huittisten Laatuauto, LänsiAuto and Laakkonen in the car trade.

In November 2019, the number of Kesko's wholesale selling days in Finland was 21, which is one day less than the year before. January-November 2019 also had one selling day less than the corresponding period in 2018.

Kesko publishes advance information on 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

DISTRIBUTION
Main news media
www.kesko.fi

Disclaimer

Kesko Oyj published this content on 16 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2019 06:55:07 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on KESKO
03/24KESKO OYJ : - Managers' Transactions (Kiiskinen)
AQ
03/23KESKO OYJ : - Managers' Transactions (Fagernäs)
AQ
03/19KESKO : cancels the Annual General Meeting scheduled for 30 March 2020, shall co..
AQ
03/18KESKO CORPORATION ISSUES A PROFIT WA : Due to COVID-19 and global economic uncer..
AQ
03/13KESKO : Annual General Meeting on 30 March 2020
PU
03/13KESKO : Annual General Meeting on 30 March 2020
AQ
03/13KESKO : sales grew in February
PU
03/13KESKO : sales grew in February
AQ
03/12KESKO : Oyj - Johdon liiketoimet (Rauhala)
PU
03/12KESKO : Oyj - Johdon liiketoimet (Ronkainen)
PU
More news
Financials (EUR)
Sales 2020 10 295 M
EBIT 2020 412 M
Net income 2020 242 M
Debt 2020 2 886 M
Yield 2020 5,09%
P/E ratio 2020 20,3x
P/E ratio 2021 17,4x
EV / Sales2020 0,75x
EV / Sales2021 0,73x
Capitalization 4 866 M
Chart KESKO
Duration : Period :
Kesko Technical Analysis Chart | KESKOB | FI0009000202 | MarketScreener
Technical analysis trends KESKO
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Average target price 50,60  €
Last Close Price 49,51  €
Spread / Highest target 11,1%
Spread / Average Target 2,20%
Spread / Lowest Target -15,2%
EPS Revisions
Managers
NameTitle
Mikko Matias Helander President & Chief Executive Officer
Esa Mikael Kiiskinen Chairman
Jukka Henrik Erlund Chief Financial Officer & Executive Vice President
Arto Hiltunen Chief Information Officer & Vice President
Toni Pokela Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
KESKO-21.97%5 395
WALMART INC.-7.79%310 361
SEVEN & I HOLDINGS CO., LTD.0.09%29 117
ALIMENTATION COUCHE-TARD INC.-16.45%26 000
SM INVESTMENTS CORPORATION--.--%18 989
AVENUE SUPERMARTS LIMITED-0.50%17 904