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Kesko (KESKOB) investor relations material
Kesko Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic direction and vision
Pursuing growth across grocery, building and technical, and car trade divisions, with a focus on both B2C and B2B segments.
Emphasizing operational excellence, omnichannel customer experience, and sustainability leadership.
Maintaining a balanced business portfolio and leveraging digitalization for efficiency and customer engagement.
Highlighting people and culture as key enablers of strategy.
Financial performance and targets
Net sales grew to €12.5bn in 2025, with all divisions contributing to growth.
Comparable operating profit reached €654.9m, with a margin of 5.3%.
Return on capital employed was 10.4%, below the target of over 14.5%.
Capital expenditure increased to €735.7m, driven by acquisitions and store investments.
Dividend proposal of €0.90/share, payout ratio 84%.
Grocery trade division
Market share increased to 33.7% in 2025, with strong performance in both B2C and B2B (Kespro) segments.
Net sales reached €6,447m, operating margin at 6.5%.
Investments focused on store network upgrades, price competitiveness, and digital services.
Online grocery sales grew by 6.6% in Q4, with over 40% market share in online grocery.
Customer satisfaction and loyalty program engagement increased significantly.
- All divisions grew in 2025, with strong market gains and a positive outlook for 2026.KESKOB
Investor presentation23 Feb 2026 - Sales and profit rose in all divisions; 2026 outlook is positive with a higher dividend proposed.KESKOB
Q4 20255 Feb 2026 - Profit and revenue rose in all divisions in 2025, with a positive outlook for 2026.KESKOB
Q4 20255 Feb 2026 - Cash flow remained strong despite lower sales and profit; 2024 outlook narrowed.KESKOB
Q2 20243 Feb 2026 - Profitable growth and market leadership targeted through focused investments and efficiency.KESKOB
Investor Day 202431 Jan 2026 - 2024 saw higher sales, strategic acquisitions, and a positive Q4 turnaround, with improved 2025 outlook.KESKOB
Investor presentation26 Jan 2026 - Q1 2025 saw higher sales but lower profit, with growth driven by acquisitions and digitalisation.KESKOB
Investor presentation26 Jan 2026 - Nationwide EV charging network grows as electrification accelerates in Finland.KESKOB
Investor presentation26 Jan 2026 - Pursues growth and profitability across all divisions, achieving €12,084m in net sales.KESKOB
Nordic consumer conference presentation26 Jan 2026
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