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.