Kesko Oyj Class A
23.05
EUR
-0.05
(-0.22%)
ISIN
FI0009007900
Return %
Stock
S&P 500
1Y
20.55
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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EUR
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Quarterly Revenue
EUR
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in mil. unless spec.Quarterly Earnings Per Share
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EUR
•
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- CEO
- Jorma Antero Rauhala
- Full Time Employees
- 18,991
- Sector
- Retail trade
- Industry
- Food retail
- Address
- Työpajankatu 12 Helsinki Finland 580
- IPO Date
- Jan 1, 1960
- Website
- kesko.fi
- Similar Companies
- Business
- Kesko Oyj is a Finnish trading sector leader operating primarily in the grocery trade, building and technical trade, and car trade sectors across Finland, Sweden, Norway, Denmark, Estonia, Latvia, Lithuania, and Poland. The company’s core products and services include retail grocery sales through its K-retailer chains such as K-Citymarket, K-Supermarket, K-Market, K-Pyöka, and K-Extra, as well as private label food products under the Pirkka brand; building and technical trade services encompassing hardware, building supplies, interior decoration, home goods, chemicals, machinery, and wholesale services; and car trade activities that cover import, marketing, and retail of passenger cars from Volkswagen, Audi, SEAT, CUPRA, Bentley, and Porsche, alongside commercial vehicles, used car sales, leasing, repair, maintenance, spare parts, accessories, and electric vehicle charging network services under K-Lataus. Kesko operates approximately 1,800 stores providing a seamless omnichannel experience through physical and online sales. Founded in 1940 and headquartered in Helsinki, Kesko remains a dominant market player in Northern Europe. Recent strategic developments include a multi-year partnership with TCS launched in late 2025 to accelerate digital transformation, enhance operational efficiency, leverage AI and intelligent automation, and modernize IT infrastructure across Kesko’s extensive geographic footprint. Kesko updated its overarching strategy in 2024 emphasizing profitable growth with a sharpened customer focus across its three divisions, maintaining existing business portfolios while targeting growth via acquisitions, especially in Sweden in the building and technical trade segment. Notably, in 2025 Kesko is expanding its grocery store network with new K-Citymarkets, K-Supermarkets, and K-Markets, investing heavily in modernizing store sites and logistics, including relocating its K-Auto central warehouse to the larger, more automated Onnela Logistics Centre to achieve greater efficiencies. The company also focuses on growing car trade services for cars older than five years and enhancing its sports car market share despite short-term profit fluctuations. Kesko’s sustainability strategy and strong market positions underpin steady growth projections, with operating profit guidance for 2025 set between €640 million and €740 million. Kesko’s operations are segmented into grocery trade with wholesale and retail of food and specialty goods; building and technical trade providing hardware, construction, and industrial supplies; and car trade featuring new and used vehicle sales, leasing, and servicing. Subsidiaries include brand operations like Intersport and Budget Sport in sports trade, and Kespro in foodservice wholesaling. The company’s strategic priorities emphasize growth, customer-oriented digital services, sustainability, and geographic expansion primarily in the Nordic and Baltic regions. Kesko’s combination of extensive store locations, diversified product categories, and ongoing digital and operational enhancements position it as a leading trading sector operator in Northern Europe.
Company News
Kesko Oyj (KKOYY) Q2 2026 Earnings Call Transcript
Kesko Oyj (KKOYY) M&A Call Transcript
Kesko Oyj (KKOYY) Q3 2025 Earnings Call Transcript