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

Kesko Posts 0.4% Increase In Comparable Sales In May

By Dayeeta Das
Share this article
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.

ADVERTISEMENT

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.

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

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. You can unsubscribe at any time.