Finnish retail and wholesale group Kesko reported a 7.7 percent increase in sales to 1.15 billion euros in April, according to a press release. In comparable terms, sales grew by 4.8 percent.
Building and technical trade rose 20.1 percent to 479 million euros, with strong growth recorded across all operating countries.
Grocery trade sales decreased by 1.5 percent to 546 million euros, primarily due to the timing of Easter.
Car trade increased by 8.9 percent to 130 million euros, driven by used car sales. Sports trade rose by 9.3 percent.
Kesko Oyj is the leading wholesaler and retailer in Finland. Net sales break down by family of products as follows:
- grocery and convenience goods (53.4%; K-retailer; No. 2 in Finland): owned 1,128 supermarkets and stores under the names K-citymarket, K-supermarket, K-Market, Neste K., etc.;
- building, home improvement, DIY and gardening products (36.5%): building materials, interior design materials, gardening products, household appliances, furniture, etc. distributed via 491 outlets primarily under the Onninen, K-rauta, K-Bygg, Byggmakker, Byggarnas Partner and Carlsen Fritzøe brands;
- automotive (10.1%; K-Auto): cars (Volkswagen, Audi, Seat, CUPRA, Porsche, Bentley and MAN brands), spare parts and original accessories marketed through 47 outlets in Finland. The group also offers leisure and sports goods (owned 61 stores under the Intersport and Budget Sport names).
Net sales are distributed geographically as follows: Finland (80%), Nordic countries (15.8%), Baltic countries (1.1%) and other (3.1%).
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