Kesko Oyj

Kesko Oyj reported August 2026 Group sales of €1,165.0m, a 5.4% increase, bringing year to date revenue to €8,841.3m. The Nordic retailer, which operates grocery, building and technical trade, and car trade businesses across multiple countries, has seen its shares deliver a 15.71% 90 day share price return and a 20.19% year to date share price gain, while the 1 year total shareholder return stands at 35.27% even as the 5 year total shareholder return is slightly negative. Kesko Oyj closed at €22.98 against a widely followed fair value estimate of €22.30, a narrative that pegs the stock as 3% overvalued, though a discounted cash flow model estimates future cash flow value of €47.35 per share. The company's long term growth strategy relies on favorable urbanization, consumer trading up in food and a moderate rebound in car demand, with risks including a heavy grocery investment program and exposure to a weak European construction cycle.

Finnish retail group Kesko reported July 2026 sales of €1.11 billion, up 5.9% year-on-year, or 5.4% in comparable terms, with increases across its grocery, building and technical, and car trade divisions. Grocery trade sales rose 3.9% to €584.6 million, building and technical trade sales increased 7.4% to €398.8 million, and car trade sales climbed 10.5% to €133.7 million. In Finland, sales grew 5.5% to €896 million, while sales in other countries rose 7.5% to €218.4 million. For January to July 2026, group sales reached €7.67 billion, up 6.5%, or 4.7% in comparable terms. Kesko president and CEO Jorma Rauhala noted sales grew in all three divisions.

Finnish retail group Kesko reported June 2026 sales of €1.17 billion, a 7.9% increase year-on-year. Domestic sales reached €868.8 million, up 5.3%, while sales outside Finland totalled €305.1 million, rising 16.1%. The grocery trade division posted sales of €557 million, up 4.3%, and the building and technical trade division generated €502.4 million, up 13.7%. The car trade division reported sales of €117.1 million, up 3.1%. For the first half of the year, group sales reached €6.56 billion, up 6.7%.