Retail

Finnish Retailer Kesko Posts 3.9% Decline In Sales In May

Share this article

Finland’s Kesko Group has posted a 3.9% decline in sales from continuing operations in May, amounting to €936 million.

The company’s grocery trade division reported sales worth €458 million in the period, down 4.8% year-on-year.

Sales in the building and technical trade division increased by 4.7% in comparable terms, amounting to €420.6 million.

The company’s building and technical trade division, excluding speciality goods trade, witnessed a 4.6% comparable growth.

In the speciality goods segment, sales in the leisure trade increased by 8.4%, the retailer added. Reported sales in the building and technical trade increased by 1.1%.

The company’s car trade division generated sales of €59.3 million in May, down 23.5%.

© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days

Copyright © 2022. All rights reserved. Developed by Square1 and powered by PublisherPlus.com