Pursuing growth across grocery, building and technical, and car trade divisions, with a focus on both B2C and B2B segments.
Building and technical trade is set to become the largest division, driven by acquisitions and organic growth.
Major acquisition of Dahl’s technical trade operations in Sweden, Norway, and Denmark, the largest in company history, to strengthen Nordic presence.
Long-term net sales target of approximately €20 billion in the early 2030s, with a 6-8% operating margin for building and technical trade.
Sustainability, digitalisation, and operational excellence are core strategic pillars.
Net sales reached €12.9 billion (rolling 12 months Q2/2026), with operating profit at €678.7 million and a 5.3% margin.
All divisions reported sales growth in Q2/2026; technical trade was the main profit driver.
Profit guidance for 2026 updated to €670-730 million in comparable operating profit.
Cash flow from operating activities improved to €1,020.1 million (rolling 12 months Q2/2026).
Capital expenditure focused on store sites and acquisitions, with a strong balance sheet and net debt/EBITDA at 1.7.
Market share grew to 33.5% in Finland, with net sales of €6.5 billion and operating margin of 6.5%.
Investments in store network, quality, and price competitiveness; online grocery sales up 11.3%.
Kespro leads Finnish foodservice with a 49.2% market share.
Customer satisfaction and loyalty program engagement increased.
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