Comparable operating profit improved to €654.9m in 2025, with net sales rising to €12,475m across all divisions.
Grocery trade saw strong profitability and market share gains, while building and technical trade grew profit despite a challenging market.
Car trade division achieved significant profit growth and a stronger market position.
2026 profit guidance estimates comparable operating profit at €650–750m, with improvements expected in all divisions and countries.
Return on capital employed remained robust, with group ROCE at 11.3% in 2025.
Grocery trade focused on quality, price competitiveness, and targeted investments in store networks, maintaining profitability above 6%.
Building and technical trade expanded through acquisitions, with nearly 60% of sales from outside Finland and profit improvements driven by international operations.
Car trade maintained a balanced portfolio of new and used cars and services, continuing strong cooperation with major automotive brands.
Capital expenditure reached €735.7m in 2025, mainly for acquisitions, store sites, and logistics infrastructure.
Fixed costs increased primarily due to acquisitions, with employee benefit expenses rising to €908m.
Net debt increased to €1,308.9m, reflecting ongoing investments and acquisitions.
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