News | First half 2018


Kesko increased net sales in Finland by 1.3 per cent

Sales in Finland increased by 3.1 per cent.

Sales in Finland increased by 3.1 per cent.

The building and technical trade division of the Finnish Kesko Group (excluding speciality goods trade) ended the first half of 2018 with sales totalling EUR 1.798 bn. Although nominally 0.6 per cent less than in the same period in the previous year, the comparable change, which has been calculated in local currencies and excluding the impact of divestments made during 2017, was positive at 1.5 per cent. The sales of the K-rauta stores in Russia that Kesko has offloaded are not included in the sales figures.

Net sales for the building and home improvement trade from January to June were EUR 1.042 bn, a decrease of 1.2 per cent. In local currencies, net sales increased by 0.9 per cent.

In Finland, the building and home improvement trade achieved net sales of EUR 463 bn, an increase of 1.3 per cent. Net sales decreased in local currency in Norway by 16.0 per cent and in Sweden by 9.5 per cent. In Sweden, the decrease in net sales was impacted by closures of K-Rauta stores due to the ending of lease agreements, while in Norway, the decline was impacted by the expiry of one retailer agreement. In Belarus, net sales grew in local currency by 17.5 per cent.

|25 July 2018


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

New chain Homelux on the starting lines in Romania

In Romania the market launch of a new home improvement trader is pending. The new chain is called Homelux. Behind it is Omer Susli from Turkey who View news...

Byggmax laments sales downturn due to hot summer

A marked downturn in sales has been reported by the Swedish Byggmax Group for the third quarter. Compared with the previous year, net sales from July View news...

Leroy Merlin opens first store in South Africa

Leroy Merlin has opened its first DIY store in South Africa, in the north-east of Johannesburg. The indoor sales floor covers 8 600 m², while a View news...

More positive response from the industry to Glee

More 'big players' than ever before attended this year's Glee show at the start of September in Birmingham (Great Britain). Almost every single View news...

Actual figures

Statistics Home Improvement Europe

Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Color Expert, painting tools

Color Expert

COLOR EXPERT for painting tools

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.