Kesko (KESKOB) Nordic consumer conference presentation summary

Strategic vision and growth objectives

• Aims to grow across all three business divisions: grocery trade, building and technical trade, and car trade.

• Seeks to be the leading and most attractive trading sector growth company in Northern Europe.

• Focuses on operational excellence, omnichannel customer experience, and sustainability leadership.

• Pursues profitable growth, strengthened market position, and competitive advantages.

Financial performance and key figures

• Net sales reached €12,084m with an operating profit of €644.7m (5.3% margin) for the rolling 12 months to Q2 2025.

• Grocery trade net sales were €6,362m, building and technical trade €4,454m, and car trade €1,290m.

• Operating profit by division: grocery trade €425.1m (6.7%), building and technical trade €168.8m (3.8%), car trade €77.6m (6.0%).

• Kesko Senukai's share of result was €0.0m in H1/2025.

Grocery trade division highlights

• Holds 33.7% market share in Finland, with over 40% share in Finnish online grocery in 2024.

• Operates 1,100 stores and employs 6,300 people; Kespro leads foodservice with 49.1% market share.

• Focuses on strengthening store-specific business, investing in growth centers, and improving price competitiveness.

• Profitability expected to remain above 6% despite ongoing investments.