Kesko (KESKOB) Investor presentation summary

Company overview and market position

• Operates across the full automotive value chain, including import, sales, maintenance, and EV charging.

• Holds a 14.5% market share in new car sales in Finland in 2024, with net sales of €1,209 million in 2023.

• Employs approximately 1,500 people and serves over a million customers under a unified brand.

• Offers multi-brand new and used car sales, and comprehensive car services.

EV charging network and customer insights

• Operates a nationwide EV charging network with over 350 stations and 1,900+ charging points, all powered by renewable wind electricity.

• Over 250,000 customers use the charging network, with more than 150,000 charging sessions monthly.

• 86% of charging customers plan to buy a zero-emission EV next, and 72% feel there are enough local charging options.

• Retail locations are key charging sites, with most customers charging once a week during 30–60 minute shopping visits.

Market trends and regulatory environment

• Finnish drivers show growing interest in EVs, with 54% having a positive attitude and 32% considering a full electric car soon.

• The number of public charging points and EVs is rapidly increasing in Europe, with China leading in infrastructure.

• EU CO2 targets for OEMs have been softened, allowing compliance over a three-year average (2025–2027) to support industry competitiveness.

• Electrification is advancing in both passenger and commercial vehicles, with significant growth expected by 2035.