Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Friday 14 July, 2017

Kesko Oyj

Kesko's sales in comparable terms grew in June

Kesko's sales in comparable terms grew in June

KESKO PRESS RELEASE 14.07.2017 AT 09.00 1(3)


Kesko's sales in comparable terms grew in June


Kesko Group's sales totalled €971.3 million in June 2017 - a decrease of 3.5%. In comparable terms sales in local currencies grew by 1.6%.


"Kesko's sales in comparable terms grew in June. Sales growth was strongest in the car trade. Sales in grocery trade grew in comparable retail network, the growth strengthened especially in K-Citymarkets and in the renewed K-Markets. Sales in the building and technical trade grew in business to business B2B trade, but the business to consumers B2C sales was weakened by the cold start to summer in northern Europe." says Kesko's CEO Mikko Helander.


Sales in the grocery trade totalled €456.5 million in June, a decrease of 5.3%. Sales in the grocery trade including the comparable stores of Suomen Lähikauppa amounted to €444.4 million and the comparable development in sales was +0.7%.


Sales in the building and technical trade totalled €430.2 million in June, a decrease of 4.5%. Comparable sales in the building and technical trade excluding the 1.6.2017 divested K-maatalous agricultural trade increased in local currencies by 1.3%. Comparable sales increased in Finland by 6.4% and decreased abroad by 2.7%. Comparable sales in the building and technical trade excluding specialty goods trade grew by 2.8%. Sales in the specialty goods grew by 0.7% in furniture trade, sales in leisure trade in Finland increased by 10.7% and sales in machinery trade decreased by 13.2%.


Car trade sales in June were €84.6 million, a growth of 13.1% compared to the previous year. Car sales without AutoCarrera amounted to €80.5 million and the comparable development was +7.6%.


Kesko Group's sales in euros, excluding VAT, in June 2017:

  June 2017Comparable
  € millionChange, %change, %

Grocery trade, total456.5-5.3+0.7
Building and technical trade, Finland 198.4 -7.3 +6.4
Building and technical trade, other countries 231.8 -2.0 -2.7
Building and technical trade, total430.2-4.5+1.3
Car trade, total84.6+13.1+7.6
Common functions and eliminations-0.1   
Grand total971.3-3.5+1.6
Finland, total 739.5 -2.7 +3.1
Other countries, total 231.8 -5.8 -2.7
Grand total971.3-3.5+1.6

Kesko Group's sales in euros, excluding VAT, in April-June 2017:

    € millionChange, %change, %

Grocery trade, total 1,340.2-1.9+2.1  
Building and technical trade, Finland 644.0 +16.5 -2.8  
Building and technical trade, other countries 641.9 +23.7 -2.9  
Building and technical trade, total1,286.0+20.0-2.9  
Car trade, total242.1+9.2+3.1  
Common functions and eliminations-0.3     
Grand total2,868.0+7.9+0.3  
Finland, total 2,226.1 +5.5 +1.2  
Other countries, total 641.9 +17.2 -2.9  
Grand total2,868.0+7.9+0.3  



Kesko Group's sales in euros, excluding VAT, in January-June 2017:

  € millionChange, %change, %

Grocery trade, total 2,595.0+5.0+1.2
Building and technical trade, Finland 1,261.9 +31.0 +1.3
Building and technical trade, other countries 1,166.2 +42.1 +0.0
Building and technical trade, total2,428.1+36.1+0.6
Car trade, total492.1+8.9+3.1
Common functions and eliminations-2.5   
Grand total5,512.7+17.2+1.2
Finland, total 4,346.5 +13.5 +1.5
Other countries, total 1,166.2 +33.4 +0.0
Grand total5,512.7+17.2+1.2



Change, % indicates the change in the corresponding period of the previous year. The comparable change % has been calculated for the grocery trade by including those stores of Suomen Lähikauppa to the sales, which have belonged to the network in both years. The comparable change % in the building and technical trade as well as the car trade has been calculated in local currencies and excluding the impact of acquisitions and divestments.


In June 2017, the number of Kesko's wholesale selling days in Finland was 21, which was the same as the previous year. In April-June 2017 the number of selling days was 60, three less than the previous year. From 1 January to 30 June 2017, Kesko's wholesale selling days in Finland were equivalent to the previous year.


Kesko releases 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




Main news media


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kesko Oyj via Globenewswire

a d v e r t i s e m e n t