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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Kesko

23.24 EUR+1.22 %28.9, 17.29
15,957 following

KESKOB

NASDAQ Helsinki

Retailers

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Investor views
Compare
+1.22 %
+4.87 %
+17.02 %
+23.03 %
+20.73 %
+29.98 %
+37.51 %
-24.94 %
+766.32 %

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.

Read more
Market cap
9.3B EUR
Turnover
8.56M EUR
P/E (adj.) (26e)
19.75
EV/EBIT (adj.) (26e)
18.3
P/B (26e)
3.18
EV/S (26e)
0.98
Dividend yield-% (26e)
4.09 %
Coverage
Recommendation
Accumulate
Target price
22.50 EUR
Updated
23.07.2026
Arttu Heikura
Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 23.07.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Business risk
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Forum discussions
And the Dahlin acquisition has been approved… Well then, now we just wait and see how the financing is arranged Inderes K-ryhmä: Euroopan komissio hyväksyi ehdoitta yrityskaupan, jossa Kesko ostaa... Euroopan komissio on hyväksynyt yrityskaupan, jossa Kesko ostaa Dahlin Ruotsin sek...
9/24/2026, 3:09 PM
by "Anonyymisti aito"
47
For Kauppalehti subscribers, a report on Danish hardware stores: Keskon rautakauppa kasvaa hurjaa vauhtia – Kauppalehti kävi Tanskassa selvittämässä syyt | Kauppalehti
9/25/2026, 8:13 AM
by Kesko IR
23
Nyt lähti tavoitehinnat nousuun. SEB höjer riktkursen för Kesko till 26 euro (24), upprepar köp
11 hours ago
by Kryptoniitti
21
I’ll continue roasting Kesko a bit, as another great opportunity to do so came up while reading the news. Tärkeimmät talousuutiset | Kauppalehti – 24 Sep 26 Motonet-pomo paljastaa: Aikoo avata kahdeksan tavarataloa Perheyritys Motonet aikoo avata ainakin kahdeksan uutta myymälää ...
9/24/2026, 6:59 AM
by TTTT
20
That KL article is based on Jorma’s interview at Pörssisijoittajan viikko (Stock Investor’s Week), so if you want, you can listen with your own ears to what Jorma answered exactly from the video recording (linked to the relevant timestamp): https://youtu.be/UDV2Zgswg6c?si=qIh2DHl4iC0OyDzu...
9/18/2026, 7:55 AM
by Kesko IR
15
Personally, I don’t understand why it wouldn’t be possible to achieve synergies. Is some mystical force preventing, for example, affordable Cello products or Online ball valves from being sold at Citymarket to boost Onninen’s / the Iron Trade’s (Rautapuoli) volume? After all, Prisma...
9/18/2026, 8:07 AM
by Pro Perty
12
Here are Arttu’s brief comments on the approval of the Dahl acquisition Inderes – 25 Sep 26 Keskon Dahl-yrityskaupalle vihreää valoa viranomaisilta - Inderes EU-komissio hyväksyi ehdoitta Dahl-yrityskaupan.
9/25/2026, 5:07 AM
by Sijoittaja-alokas
10
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
14.10
2026

Quarterly dividend

29.10
2026

Interim report Q3'26

13.1
2027

Quarterly dividend

Regulatory press release25.09.2026, 10.30

K-ryhmä: Realisation of Kesko's share-based commitment and incentive plan KPSP 2024

Kesko
Analyst Comment25.09.2026, 06.35 by
Arttu Heikura

Grønt lys fra myndighederne til Kesjos opkøb af Dahl

EU-Kommissionen godkendte Dahl-virksomhedsovertagelsen uden betingelser.

Kesko
Regulatory press release24.09.2026, 17.00

K-ryhmä: European Commission unconditionally approved the transaction in which Kesko acquires Dahl operations in Sweden, and Brødrene Dahl operations in Norway and Denmark

Kesko

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Regulatory press release21.09.2026, 09.00

K-ryhmä: Composition of Kesko's Shareholders' Nomination Committee

Kesko
Keskos august-omsætning voksede over vores forventninger anført af Onninen
Analyst Comment14.09.2026, 07.46 by
Rauli Juva

Keskos august-omsætning voksede over vores forventninger anført af Onninen

Onnisens tosæcifrede vækst trak augusts omsætning over forventningerne og skaber opadgående pres på Q3-estimaterne.

Kesko
Press release14.09.2026, 07.00

K-ryhmä: Kesko's sales in August

Kesko
Analyst Comment11.09.2026, 06.55

Børsspecialistens uge | Forbrugere og Handel 10.09.2026

Børsinvestorens uges tema om Forbrugere og Handel kan ses på inderesTV.

NoHo PartnersPuuiloPosti GroupKeskoMarimekkoHarvia
Kesko's udvikling i juli var stærkere end forventet
Analyst Comment14.08.2026, 08.05 by
Arttu Heikura

Kesko's udvikling i juli var stærkere end forventet

Væksten var fuldstændig organisk og blev drevet af alle selskabets hovedforretningsområder.

Kesko
Press release14.08.2026, 07.00

K-ryhmä: Kesko's sales in July

Kesko
Analyst Comment03.08.2026, 08.06 by
Arttu Heikura

Dagligvarehandel: Baggrunden for væksten i Kesko og Tokmannis målmarked

Markedet for stormagasin- og hypermarkedskæder voksede med 2 % i juni.

KeskoTokmanni Group
Kesko Q2'26: Byggeri førte til en betydelig resultatforbedring
Research23.07.2026, 07.22 by
Arttu Heikura

Kesko Q2'26: Byggeri førte til en betydelig resultatforbedring

Vi forventer, at koncernens indtjeningsvækst fortsætter i 2. halvår og styrkes i de kommende år.

Kesko
Kesko Q2'26 – kort kommentar: Forventet resultatudvikling
Analyst Comment22.07.2026, 08.00 by
Arttu Heikura

Kesko Q2'26 – kort kommentar: Forventet resultatudvikling

Resultatet voksede fra sammenligningsperioden, især drevet af den stærke omsætningsudvikling inden for RT-handlen.

Kesko
Regulatory press release22.07.2026, 07.00

Kesko half-year financial report 1.1.-30.6.2026: Kesko's profit improved significantly - technical trade as the driver

Kesko
Kesko Q2'26 preview: Væksten i bygge- og anlægshandlen bør afspejles tydeligt på bundlinjen
Analyst Comment16.07.2026, 06.55 by
Arttu Heikura

Kesko Q2'26 preview: Væksten i bygge- og anlægshandlen bør afspejles tydeligt på bundlinjen

Vi forventer, at koncernens resultat er steget drevet af den tocifrede omsætningsvækst i RT-handlen.

Kesko
Kesko: Salgsvæksten fortsatte i juni
Analyst Comment14.07.2026, 08.14 by
Arttu Heikura

Kesko: Salgsvæksten fortsatte i juni

Omsætningen voksede i juni, drevet af alle selskabets forretningsområder.

Kesko
Press release14.07.2026, 07.00

K-ryhmä: Kesko's sales in June

Kesko
Milliardhandel flytter Keskos fokus endnu stærkere mod B&T-handel
Analyst Comment16.06.2026, 06.16 by
Olli Vilppo

Milliardhandel flytter Keskos fokus endnu stærkere mod B&T-handel

Kesko meddelte mandag, at selskabet opkøber Dahls svenske, norske og danske forretningsområder fra franske Saint-Gobain.

Kesko
Kesko Oyj, tiedotustilaisuus
Webcast15.06.2026, 10.30

Kesko Oyj, tiedotustilaisuus

Kesko
Regulatory press release15.06.2026, 08.00

Inside information: Kesko to strengthen its technical trade by acquiring Dahl's operations in Sweden, Norway and Denmark

Kesko
Regulatory press release12.06.2026, 08.00

K-ryhmä: Kesko's financial reporting and Annual General Meeting in 2027

Kesko