Kesko

21.06 EUR

+0.29 %

15,526 following

KESKOB

NASDAQ Helsinki

Retailers

Consumer Goods & Services

Overview

Financials & Estimates

Investor consensus

+0.29 %

+9.40 %

+12.02 %

+9.63 %

+8.72 %

+13.29 %

-3.48 %

-2.23 %

+685.06 %

Kesko operates in the retail sector. The company offers services primarily aimed at the food, construction and technology industries. The largest activities are found in the development of store concepts, channel sales, e-commerce sites and business models. The majority of operations are found in the Nordic and Baltic markets. The head office is located in Helsinki.

Market cap

8.43B EUR

Turnover

3.79M EUR

P/E (adj.) (25e)

19.53

EV/EBIT (adj.) (25e)

17.84

P/B (25e)

3

EV/S (25e)

0.94

Dividend yield-% (25e)

4.04 %

Coverage

Recommendation

Accumulate

Target price

21.50 EUR

Updated

2026-01-20

Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 2026-01-20

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

5/2

2026

Annual report '25

26/3

2026

General meeting '26

29/4

2026

Interim report Q1'26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

ShowingAll content types

Press release1/27/2026, 9:00 AM

K-ryhmä: Kesko's new science-based emission targets approved - targets cover the whole value chain and extend to 2050

Press release1/21/2026, 6:45 AM

K-ryhmä: Kesko ranks sector-best globally in sustainability on the `Global 100' list - also ranks highest of all four Finnish companies included

Kesko Q4'25 förhandskommentar: Räkenskapsåret avslutas sannolikt positivt

Research1/20/2026, 5:10 AM by

Kesko Q4'25 förhandskommentar: Räkenskapsåret avslutas sannolikt positivt

Vi estimerar att företagets Q4-resultat kommer att öka något, att företaget kommer att ge en resultatvägledning för 2026 som indikerar resultattillväxt, samt att styrelsen kommer att föreslå en utdelning på 85 cent.

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Bekräftelse på Kesko Dagligvaruhandels positiva marknadsutveckling

Analyst Comment1/19/2026, 6:45 AM by

Bekräftelse på Kesko Dagligvaruhandels positiva marknadsutveckling

Särskilt det sista kvartalet var starkt, och företaget vann marknadsandelar i alla handelsstorlekar.

Press release1/19/2026, 6:00 AM

K-ryhmä: Kesko's strategy in grocery trade working - K Group market share takes an upturn

Regulatory press release1/16/2026, 7:30 AM

K-ryhmä: Proposals of the Shareholders' Nomination Committee to Kesko's 2026 Annual General Meeting

Kesko:s försäljning i december ökade kraftigt

Analyst Comment1/16/2026, 7:10 AM by

Kesko:s försäljning i december ökade kraftigt

Keskos försäljning ökade med 9 % i december. Den organiska utvecklingen uppgick till 6 %. Tillväxt genererades inom alla affärsområden, men var starkast inom gör-det-själv-handeln.

Press release1/16/2026, 6:00 AM

K-ryhmä: Kesko's sales in December

Press release1/13/2026, 10:30 AM

K-ryhmä: Invitation to Kesko's Q4 financial statements briefing on Thursday, 5 February 2026

Analyst Comment1/2/2026, 7:05 AM by

Finnish trade was stagnant in November

November's performance was weaker than the year-to-date (January-November 2-3% y/y) but broadly in line with our expectations.

Kesko Tokmanni Group

Keskos organiska försäljningstillväxt var något positiv i november

Analyst Comment12/12/2025, 6:50 AM by

Keskos organiska försäljningstillväxt var något positiv i november

Keskos försäljning i november ökade med 4 % med stöd från de två största affärsområdena.

Press release12/12/2025, 6:00 AM

K-ryhmä: Kesko's sales in November

Analyst Comment12/1/2025, 7:11 AM by

Rauli Juva, Olli Vilppo

Finnish trade grew nicely in October

According to figures reported by PTY, the grocery consumer market relevant to Kesko grew by 4.5% in October, while the target market for Tokmanni, i.e., sales of non-grocery products in department store and hypermarket chains, increased by 5%.

Kesko Tokmanni Group

Kesko sålde fastigheter för cirka 60 MEUR

Analyst Comment11/20/2025, 5:45 AM by

Kesko sålde fastigheter för cirka 60 MEUR

Affären är relativt liten i Kesko-skala, och nyheten har ingen väsentlig inverkan på våra estimat.

Press release11/19/2025, 11:30 AM

K-ryhmä: Kesko optimises property holdings by selling ten grocery store properties to the Swedish Prisma Properties AB

Regulatory press release11/14/2025, 3:00 PM

K-ryhmä: Kesko Corporation: Correction to the disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (13.11.2025)

Regulatory press release11/14/2025, 12:15 PM

K-ryhmä: Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (13.11.2025)

Kesko försäljning växte organiskt med 3 % i oktober

Analyst Comment11/14/2025, 6:42 AM by

Kesko försäljning växte organiskt med 3 % i oktober

Tillväxten var jämn över alla segment och låg på koncernnivå i stort sett i linje med våra förväntningar.

Press release11/14/2025, 6:00 AM

K-ryhmä: Kesko's sales in October

Analyst Comment11/4/2025, 5:35 AM by

Thomas Westerholm, Rauli Juva

Återhämtningen fortsatte för nya bilar, men handeln med begagnade bilar var trög i oktober

I den finska bilhandeln ökade nyregistreringarna av nya bilar i oktober från historiskt låga nivåer, men försäljningen av begagnade bilar minskade från jämförelseperioden.

Wetteri Kamux Kesko

Forum discussions

DNB Carnegie raises target price for Kesko to 22.50 euro (20.50), reiterates buy placera.se DNB Carnegie höjer riktkursen för Kesko till 22,50 euro (20,50), upprepar köp... DNB Carnegie höjer riktkursen för Kesko till 22,50 euro (20,50), upprepar köp

1/22/2026, 8:55 AM

by Raha-aasi

35

The growth of Kesko’s and especially K-citymarket’s market share in the grocery trade during 2025 is now a reality, even though the “experts” appearing on this forum and in the newspapers try to deny it any way they can and praise Prisma’s “superior” concept. The public has spoken...

1/20/2026, 6:25 AM

by Holvi

33

Here is a pre-earnings company report from Arttu, as Kesko reports its Q4 results on Thursday, Feb 5. Kesko will report its Q4 results on Thursday, Feb 5. We forecast the company’s Q4 result to rise slightly, the company to provide 2026 guidance indicating earnings growth, and the...

1/20/2026, 5:40 AM

by Sijoittaja-alokas

14

That dividend on 20.1.2026 is last year’s dividend. Decided at last year’s Annual General Meeting.

1/20/2026, 8:16 AM

by Mamma94

10

|21.10.2025|13.10.2025|0.23 euros| |22.7.2025|14.7.2025|0.22 euros| |2.4.2025|25.3.2025|0.23 euros| |21.1.2025|13.1.2025|0.25 euros| Those are the dividends paid last year. I expect it will follow the same “formula” this year as well. The payment date for that first installment just...

1/20/2026, 7:43 AM

by Beginner

7

We will be filming CEO Rauhala’s interview again in a week, after the results. Are there any pressing questions here that you would like to ask the management?

2 hours ago

by Arttu Heikura

3

I was mainly referring to the fact that Kesko has had a habit of paying its dividend in 4 installments using two differently sized installments for at least the last couple of years. Last year (including the dividend just paid), the installments were 0.23 twice and 0.22 twice. That...

1/20/2026, 8:12 AM

by Raharambo

3

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