Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

Kesko Sees Group Sales Up By 8.4% In August

For the month of August, Finland's Kesko Group's sales totalled €1.06 billion, an increase of 8.4% from the year before.

There was one more delivery day in August than in the previous year, the retailer noted.

Kesko Grocery Sales

In the grocery trade, sales for the month of August amounted to €548.6 million, up 8.9% year on year.

Grocery sales to K-food stores increased by 5.9% year-on-year.

Sales fell in the K-Citymarket home and speciality goods trade, while Kespro's sales increased by 27.6%.

Building Trade

Elsewhere, in the building and technical trade category, sales amounted to €430.2 million in August, up 9.7% in comparable local currencies.

Sales in the category, excluding speciality stores, grew by 9.9% on a comparable basis.

On a comparable basis, sales increased by 11.3% in Finland, 4.9% in Sweden, and 5.2% in Norway.

Elsewhere, in specialised trade, sales in the leisure trade grew by 5.2% on a comparable basis.

Reported sales in the company's building and technical trade increased by 12.0%.

Car Shortage

In the car trade, sales amounted to €87.1 million in August, up 1.6%.

According to the K-Group, sales were affected by a lack of availability of cars.

In August, the number of new passenger cars registered in Finland was 10.0% lower than in the previous year and the number of vans registered was 4.1% higher than in the previous year.

Unit sales of used passenger cars in the Finnish car trade fell by 11.2% compared to the previous year, the company added.

© 2022 European Supermarket Magazine – your source for the latest retail news. Article by Conor Farrelly. Click subscribe to sign up to ESM: 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