Kesko's year 2007

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22 Kesko's year 2007 Sami decided on a Volkswagen because of it retains its value the service contract space for family and things customer service
Year 2007 Divisions The Group Financial statements Further information 23 Objectives and outlook It is forecast that the car tax solution will have a significant part to play in the growth of the passenger car market in 2008, while the total market for vans is anticipated to slightly decrease compared with 2007. The change in car taxation is expected to contribute to consumers choosing lower-emission models. Consumers will continue to value safety, comfort and the high level of accessories. The number of diesel cars is expected to grow considerably in 2008. The annual vehicle tax will be based on carbon dioxide emissions as of 2010, which is also expected to contribute positively to the sales of new, low-consumption cars. K-Group’s car stores (Finland) VV-Auto helsinki and VV-Auto aims to increase the market share of the brands it represents during 2008 and to continue to enhance its network of retail outlets. The focus will be on expanding the range of services, strengthening the concept for trade-in cars, and expanding the centralised customer relationship management system. In 2008, VV-Auto’s net sales and the operating profit excluding non-recurring items are expected to markedly exceed the previous year’s level. Number Number Sales*, € million Sales*, € million 2007 2006 2007 2006 Turun VV-Auto 5 5 426 396 * (incl. VAT) Financial highlights, continuing operations 2007 2006 Net sales € million 805 789 Operating profit € million 26.1 29.4 Operating profit as % of net sales % 3.2 3.7 Operating profit excl. non-recurring items € million 26.1 29.5 Operating profit as % of net sales excl. non-recurring items % 3.2 3.7 Depreciation € million 5.7 7.7 Investments Return on net assets excl. non-recurring € million 6.3 34.2 items* % 22.0 22.9 Personnel average * cumulative average 737 621 Net sales 2007, continuing operations € million change, % VV-Auto Group 805 2.0 Net assets at 31 December, € million 2007 2006 Non-current assets 44 59 Inventories 130 104 Short-term receivables 31 31 ./. Non-interest-bearing debt -44 -44 ./. Provisions -11 -11 Net assets* 151 139 * Net assets at the end of month
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Page 69 and 70: Year 2007 Maarit Näkyvä b. 1953,
Page 71 and 72: Year 2007 Pekka Lahti b. 1955, M.Sc
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Year 2007 Key indicators Group’s
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Year 2007 Note 3 Divisions The Grou
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Year 2007 Note 7 Staff costs, numbe
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Year 2007 Note 12 Tangible assets
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Year 2007 Note 14 Long-term availab
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Year 2007 Changes in deferred taxes
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Year 2007 Note 19 Inventories Divis
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Year 2007 Note 26 Changes in share
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Year 2007 Economic value added form
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Year 2007 Consolidated operations D
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Year 2007 Shares and shareholders D
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Year 2007 Key indicators Share pric
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Year 2007 Share capital and shares
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Year 2007 Divisions The Group Infor
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Year 2007 Latvia Rautakesko A/S Ren
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Year 2007 Logistics is a process in
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Design and layout: Incognito Photos
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