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Kesko

21.34 EUR

+0.47 %

15,533 following

KESKOB

NASDAQ Helsinki

Retailers

Consumer Goods & Services

Overview

Financials & Estimates

Ownership

Investor consensus

+0.47 %

+11.73 %

+10.86 %

+12.08 %

+11.09 %

+15.54 %

-2.20 %

-0.28 %

+695.50 %

Kesko operates in the retail sector. The company offers services primarily aimed at the food, construction and technology industries. The largest activities are found in the development of store concepts, channel sales, e-commerce sites and business models. The majority of operations are found in the Nordic and Baltic markets. The head office is located in Helsinki.

Market cap

8.54B EUR

Turnover

16.5M EUR

P/E (adj.) (25e)

EV/EBIT (adj.) (25e)

P/B (25e)

EV/S (25e)

Dividend yield-% (25e)

Coverage

Recommendation

Accumulate

Target price

Updated

20.01.2026

Arttu Heikura

Analyst

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

5.2.

2026

Annual report '25

26.3.

2026

General meeting '26

29.4.

2026

Interim report Q1'26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

ShowingAll content types

Press release1/27/2026, 9:00 AM

K-ryhmä: Kesko's new science-based emission targets approved - targets cover the whole value chain and extend to 2050

Press release1/21/2026, 6:45 AM

K-ryhmä: Kesko ranks sector-best globally in sustainability on the `Global 100' list - also ranks highest of all four Finnish companies included

Press release1/19/2026, 6:00 AM

K-ryhmä: Kesko's strategy in grocery trade working - K Group market share takes an upturn

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Model portfolio

Regulatory press release1/16/2026, 7:30 AM

K-ryhmä: Proposals of the Shareholders' Nomination Committee to Kesko's 2026 Annual General Meeting

Press release1/16/2026, 6:00 AM

K-ryhmä: Kesko's sales in December

Press release1/13/2026, 10:30 AM

K-ryhmä: Invitation to Kesko's Q4 financial statements briefing on Thursday, 5 February 2026

Analyst Comment1/2/2026, 7:05 AM by

Finnish trade was stagnant in November

November's performance was weaker than the year-to-date (January-November 2-3% y/y) but broadly in line with our expectations.

Kesko Tokmanni Group

Press release12/12/2025, 6:00 AM

K-ryhmä: Kesko's sales in November

Analyst Comment12/1/2025, 7:11 AM by

Rauli Juva, Olli Vilppo

Finnish trade grew nicely in October

According to figures reported by PTY, the grocery consumer market relevant to Kesko grew by 4.5% in October, while the target market for Tokmanni, i.e., sales of non-grocery products in department store and hypermarket chains, increased by 5%.

Kesko Tokmanni Group

Press release11/19/2025, 11:30 AM

K-ryhmä: Kesko optimises property holdings by selling ten grocery store properties to the Swedish Prisma Properties AB

Regulatory press release11/14/2025, 3:00 PM

K-ryhmä: Kesko Corporation: Correction to the disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (13.11.2025)

Regulatory press release11/14/2025, 12:15 PM

K-ryhmä: Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (13.11.2025)

Press release11/14/2025, 6:00 AM

K-ryhmä: Kesko's sales in October

Analyst Comment11/3/2025, 9:14 AM by

Rauli Juva, Olli Vilppo

Finnish trade grew in September

According to figures reported by PTY, the grocery consumer market relevant to Kesko grew by 3.5% in September, while the target market for Tokmanni, i.e., sales of non-grocery products in department store and hypermarket chains, increased only by 1%.

Kesko Tokmanni Group

Kesko, Audiocast, Q3'25

Webcast10/30/2025, 7:00 AM

Kesko, Audiocast, Q3'25

Press release10/30/2025, 6:05 AM

K-ryhmä: Kesko invests in growth - strengthens grocery trade market position in the Greater Helsinki area with three new K-Citymarket hypermarkets

Regulatory press release10/30/2025, 6:00 AM

K-ryhmä: Kesko interim report 1.1.-30.9.2025: Result improved - positive development in all divisions

Press release10/14/2025, 5:00 AM

K-ryhmä: Kesko's sales in September

Press release10/9/2025, 7:00 AM

K-ryhmä: Invitation to Kesko's Q3 interim report briefing on Thursday 30 October 2025

Analyst Comment10/1/2025, 6:48 AM by

Rauli Juva, Olli Vilppo

Finnish trade saw slight growth in August

According to figures reported by PTY, the grocery consumer market relevant to Kesko grew by 2.5% in August, while the target market for Tokmanni, i.e., revenue from department store and hypermarket chains, increased by 4% in July.

Kesko Tokmanni Group

Forum discussions

DNB Carnegie raises target price for Kesko to 22.50 euro (20.50), reiterates buy placera.se DNB Carnegie höjer riktkursen för Kesko till 22,50 euro (20,50), upprepar köp... DNB Carnegie höjer riktkursen för Kesko till 22,50 euro (20,50), upprepar köp

1/22/2026, 8:55 AM

by Raha-aasi

36

That dividend on 20.1.2026 is last year’s dividend. Decided at last year’s Annual General Meeting.

1/20/2026, 8:16 AM

by Mamma94

10

The car trade has been performing well for some time now. I’m contemplating the dependency on the VW Group. Does Kesko have ways to maintain growth, or even the current level, if it happens that Volkswagen fails to compete? The surge of Chinese car manufacturers into the market is...

1/29/2026, 5:54 PM

by Tfoure

8

Here are the profitability figures for the sports trade, i.e., Intersport and Budget Sport, for the years 2022-24. I don’t think the intention is to hide it; it was previously reported as part of the Building and Technical Trade segment. It’s probably just too small to be reported...

1/29/2026, 9:58 AM

by Arttu Heikura

8

We will be filming CEO Rauhala’s interview again in a week, after the results. Are there any pressing questions here that you would like to ask the management?

1/29/2026, 9:03 AM

by Arttu Heikura

8

|21.10.2025|13.10.2025|0.23 euros| |22.7.2025|14.7.2025|0.22 euros| |2.4.2025|25.3.2025|0.23 euros| |21.1.2025|13.1.2025|0.25 euros| Those are the dividends paid last year. I expect it will follow the same “formula” this year as well. The payment date for that first installment just...

1/20/2026, 7:43 AM

by Beginner

7

From a one-year perspective, how does the company feel these price investments have affected sales volumes and also the grocery trade margin? Has it been profitable, and will it be continued or perhaps even accelerated? Market share development has finally turned more positive, but...

1/30/2026, 7:24 AM

by Lucas

6

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