Sales figures up for Lithuanian subsidiary

The K-rauta and Rautia stores: increase of 12.6 per cent in sales in the domestic market.
The K-rauta and Rautia stores: increase of 12.6 per cent in sales in the domestic market.
14.05.2004

Kesko’s DIY and building materials division records further strong growth overall

The hardware, DIY and building materials arm of the Finnish Kesko Group achieved gross sales of € 117 mio in April, 9.0 per cent up on the same month last year. The K-rauta and Rautia stores in Finland accounted for € 75.9 mio of this. In contrast to an increase of 12.6 per cent in sales in the domestic market, the growth rate of stores abroad dropped to 2.9 per cent.
The information delivered by Kesko concerning the percentage change of Senukai's sales on April, in which Kesko has a majority holding, was incorrect. The company based in Lithuania increased its sales by 34.5 per cent.
The K-rauta distribution outlets in Sweden, Estonia and Latvia all recorded growth rates in double figures as well.
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