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Kesko Posts 0.4% Increase In Comparable Sales In May

Published on Jun 17 2019 9:00 AM in Retail tagged: finland / Kesko-Group / May 2019

Kesko Posts 0.4% Increase In Comparable Sales In May

Finland’s Kesko Group posted a 0.4% increase in comparable sales, to €974.2 million, in May 2019.

Reported sales from continuing operations grew by 2.3%, the company reported.

Sales in its grocery division amounted to €481.0 million, up 2.5% in comparable terms, during the period.

The company saw a 1.9% decline in sales in Finland, whereas it grew by 6.6% elsewhere.

Outside of Finland, Kesko operates in Sweden, Norway, Estonia, Latvia, Lithuania, Poland and Belarus.

Its other divisions include the building, automobile and technical trades, speciality goods, and machinery.

© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.

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