Kesko Corp
KESKOB
ISIN FI0009000202 / Valor 472671
Kesko Corp
UMushroom community rating:
About company
Kesko Corporation is a Finnish company engaged in the trading sector, operating across eight countries. It is structured into three main divisions: grocery trade, building and technical trade, and car trade. In the grocery trade, Kesko runs a network of retail stores offering a wide range of food products and everyday consumer goods. The building and technical trade division supplies construction materials, technical products, and services to both professional builders and consumers. In the car trade, Kesko is involved in the import, retail, and after-sales services of various car brands. The company is known for its extensive retail network and its focus on providing comprehensive services across its business areas.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (03.04.2026):
Kesko Corporation — Q4 2025 (reporting October–December 2025 and full-year 2025): Group net sales rose in Q4 to €3,230.9m (+6.3% reported, +3.1% comparable) and full-year net sales reached €12,474.7m (+4.7% reported, +2.3% comparable). Comparable operating profit was €174.6m in Q4 and €654.9m for 2025; reported operating profit was €160.1m in Q4 and €631.3m for the year. Reported EPS was €0.25 in Q4 and €1.02 for 2025 (comparable EPS €0.28 and €1.07). The Board proposes a €0.90 per‑share dividend and issues guidance for 2026 comparable operating profit of €650–750m.
Top-line and profit summary (Q4 2025 / FY 2025)
Q4 net sales €3,230.9m (+6.3% reported, +3.1% comparable). Q4 comparable operating profit €174.6m (up €3.8m y/y); Q4 reported operating profit €160.1m. Full-year 2025 net sales €12,474.7m, comparable operating profit €654.9m (up €4.8m y/y), reported operating profit €631.3m.
Earnings per share and cash flow
Reported EPS Q4 €0.25 (comparable €0.28); FY reported EPS €1.02 (comparable €1.07). Cash flow from operating activities Q4 €292.5m and FY €879.7m (weakened vs prior year partly due to working capital and a change in Finnish payment rules, estimated ~€100m impact).
Divisional performance — Grocery trade
Grocery Q4 net sales €1,710.3m (+3.0%); comparable operating profit Q4 €116.5m (down €5.8m, impacted by a price programme). FY grocery net sales €6,447.4m, comparable OP €418.1m (down €19.9m); divisional margin ~6.5% for 2025.
Divisional performance — Building & technical trade
Building & technical Q4 net sales €1,182.3m (+11.9% reported, +2.9% comparable); Q4 comparable OP €44.3m (up €8.1m). FY net sales €4,685.8m, comparable OP €178.6m (up €9.4m). Growth aided by Danish acquisitions but also included restructuring and an €11m goodwill write‑down in Sweden.
Divisional performance — Car trade
Car trade Q4 net sales €343.8m (+4.4%); Q4 comparable OP €20.8m. FY net sales €1,364.8m (+12.9% reported, +12.0% comparable) and comparable OP €83.1m (up €13.8m), with gains across new/used car sales and services.
Items affecting comparability
Q4 items totalled -€14.5m (including gains on property sales offset by impairments and structural costs); FY items totalled -€23.6m. Notable one-offs: property sale gains and restructuring/impairment (including €11m goodwill write‑down in Sweden).
Capital expenditure, acquisitions and balance sheet
FY capital expenditure €735.7m (store site investment €334.4m). Acquisitions in Denmark had cash outflow ~€156.8m. At 31.12.2025 liquid assets €166.2m, interest‑bearing liabilities €3,572.6m; net debt excl. leases €1,308.9m; gearing 120.5%, equity ratio 32.2%.
Dividend and 2026 outlook
Board proposes dividend €0.90 per share (to be paid in four instalments). For 2026 Kesko estimates comparable operating profit of €650–750m and expects improvement in the operating environment across divisions, with grocery margin to remain clearly above 6% despite price and network investments.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
6441 M
Market cap (USD)
763,748
Daily traded volume (Shares)
18.325 / 18.04
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
