Business description: Kesko Oyj

Kesko Oyj is the leading wholesaler and retailer in Finland. Net sales break down by family of products as follows:

- grocery and convenience goods (53.4%; K-retailer; No. 2 in Finland): owned 1,128 supermarkets and stores under the names K-citymarket, K-supermarket, K-Market, Neste K., etc.;

- building, home improvement, DIY and gardening products (36.5%): building materials, interior design materials, gardening products, household appliances, furniture, etc. distributed via 491 outlets primarily under the Onninen, K-rauta, K-Bygg, Byggmakker, Byggarnas Partner and Carlsen Fritzøe brands;

- automotive (10.1%; K-Auto): cars (Volkswagen, Audi, Seat, CUPRA, Porsche, Bentley and MAN brands), spare parts and original accessories marketed through 47 outlets in Finland. The group also offers leisure and sports goods (owned 61 stores under the Intersport and Budget Sport names).

Net sales are distributed geographically as follows: Finland (80%), Nordic countries (15.8%), Baltic countries (1.1%) and other (3.1%).

Number of employees: 15,926

Sales by Activity: Kesko Oyj

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Grocery Trade

5.91B 6.12B 6.35B 6.38B 6.45B

Building and Technical Trade

4.39B 4.81B 4.19B 4.35B 4.69B

Car Trade

1.03B 911M 1.26B 1.21B 1.36B

Common Functions

- - - 1.5M 2.1M

Common Functions and Eliminations

-24.8M -31.7M - - -

Eliminations

- - -23.3M -23.9M -25.5M

Geographical breakdown of sales: Kesko Oyj

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Finland

9.29B 9.61B 9.71B 9.54B 9.76B

Other Nordic Countries

1.62B 1.73B 1.61B 1.89B 2.19B

Other Countries

303M 349M 337M 368M 378M

Baltic Countries

94.8M 131M 129M 127M 154M

Eliminations

-7.1M -10.9M -8.7M -7.4M -7.9M

Executive Committee: Kesko Oyj

Manager TitleAgeSince
Chief Executive Officer 61 31/01/2024
Director of Finance/CFO 61 31/05/2024
Chief Tech/Sci/R&D Officer 50 -
Investor Relations Contact - 31/08/2019
Human Resources Officer 46 28/02/2026

Composition of the Board of Directors: Kesko Oyj

Director TitleAgeSince
Chairman 63 10/05/2012
Director/Board Member 65 03/04/2016
Director/Board Member 56 11/04/2021
Director/Board Member 64 11/04/2021
Director/Board Member 53 25/03/2024
Director/Board Member 45 14/01/2025
Director/Board Member 46 25/03/2026

Shareholders: Kesko Oyj

NameEquities%Valuation
Keskinäinen Työeläkevakuutusyhtiö Varma
2.944 %
8,039,873 2.944 % 177 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
2.1 %
5,734,514 2.1 % 126 M €
Valtion Eläkerahasto - The State Pension Fund
1.281 %
3,500,000 1.281 % 77 M €
Oy The English Tearoom Ab
0.7322 %
2,000,000 0.7322 % 44 M €
0.7177 %
1,960,181 0.7177 % 43 M €
NameEquities%Valuation
K-kauppiasliitto Ry
17.54 %
22,264,256 17.54 % 487 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
10.84 %
13,760,000 10.84 % 301 M €
Vähittäiskaupan Takaus Oy
10.39 %
13,195,008 10.39 % 289 M €
Vähittäiskaupan Ammattikasvatussäätiö sr
4.605 %
5,846,120 4.605 % 128 M €
K Retailers Club of the Retailers
2.115 %
2,685,040 2.115 % 59 M €
NameEquities%Valuation
GAMMA Investing LLC
0.001542 %
8,426 0.001542 % 92 619 €
RhumbLine Advisers LP
0.000547 %
2,986 0.000547 % 32 822 €
Salomon & Ludwin LLC
0.000067 %
366 0.000067 % 4 023 €

Holdings: Kesko Oyj

NameEquities%Valuation
1,960,181 0.72% 43 M $
65,000 0.23% 542 225 $

Company details: Kesko Oyj

Kesko Oyj

Työpajankatu 12

00580, Helsinki

+358 10 5311

http://www.kesko.fi
address Kesko Oyj(KESKOB)

Group companies: Kesko Oyj

NameCategory and Sector
Wholesale Distributors
Wholesale Distributors
Fiesta Real Estate AS
Fiesta Real Estate AS
Ankkuri-Energia Oy

Supermarkets & Convenience Stores

Change 5d. change 1-year change 3-years change Capi.($)
-0.59%+2.32%+3.20%+0.05% 9.52B
+0.92%+1.08%-1.85%+21.11% 37.17B
+4.52%+5.18%+6.23%+31.99% 32.61B
+1.03%+1.36%+0.56%+2.38% 30.04B
+2.37%+2.24%+64.04%+232.02% 27.89B
-0.70%+0.62%+5.97%+25.22% 21.69B
+1.24%+1.92%+1.43%-4.24% 15.76B
-1.34%+1.16%+25.33%-12.20% 13.8B
-3.79%-1.77%-24.22%-32.22% 12.45B
+0.03%+0.09%+36.95%+25.47% 10.66B
Average +0.37%+0.85%+11.76%+28.96% 21.16B
Weighted average by Cap. +1.00%+0.98%+12.11%+40.43%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
20.32EUR
Average target price
21.12EUR
Spread / Average Target
+3.96%

Quarterly revenue - Rate of surprise