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.