For the last quarter of 2004, the operating profit excluding one-off items was EUR 40 million (EUR 45 million). A decrease in comparison with the previous year is due to Kesko Food's weaker-than-expected sales and profit in December.
The figures are unaudited and not based on financial statements approved by the company's Board of Directors.
Kesko Group's financial statements for 2004 will be posted on 9 February 2005 at around 11 a.m.
Further information is available from Juhani Järvi, Corporate Executive Vice President, CFO, tel. +358 1053 22209.
KESKO CORPORATION
Corporate Communications
Corporate Communications
Erkki Heikkinen
Senior Vice President
Senior Vice President
DISTRIBUTION
Helsinki Stock Exchange
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Helsinki Stock Exchange
Main news media