Kesko

20.72 EUR

+0.48 %

15,518 following

KESKOB

NASDAQ Helsinki

Retailers

Consumer Goods & Services

Overview

Financials & Estimates

Investor consensus

+0.48 %

+7.64 %

+10.21 %

+7.86 %

+7.19 %

+15.69 %

-3.76 %

-5.56 %

+672.39 %

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

8.29B EUR

Turnover

2.48M EUR

P/E (adj.) (25e)

19.22

EV/EBIT (adj.) (25e)

17.63

P/B (25e)

2.95

EV/S (25e)

0.93

Dividend yield-% (25e)

4.1 %

Coverage

Recommendation

Accumulate

Target price

21.50 EUR

Updated

20.01.2026

Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 20.01.2026

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 release3 hours ago

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 preview: Regnskabsåret forventes at ende positivt

Research1/20/2026, 5:10 AM by

Kesko Q4'25 preview: Regnskabsåret forventes at ende positivt

Vi estimerer, at selskabets Q4-resultat vil stige en smule, at selskabet vil give en 2026-guidance, der viser indtjeningsvækst, og at bestyrelsen vil foreslå et udbytte på 85 cent.

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Bekræftelse af Kesko Dagligvarehandels positive markedsandelsudvikling

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

Bekræftelse af Kesko Dagligvarehandels positive markedsandelsudvikling

Særligt det sidste kvartal var stærkt, og selskabet vandt markedsandele i alle handelsstørrelser.

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 salg i december steg markant

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

Kesko's salg i december steg markant

Kesko's omsætning steg med 9 % i december. Den organiske vækst udgjorde 6 %. Vækst blev genereret fra alle forretningsområder, men var stærkest inden for byggemarkedshandlen.

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

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

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)

Press release11/14/2025, 6:00 AM

K-ryhmä: Kesko's sales in October

Analyst Comment11/3/2025, 9:14 AM by

Rauli Juva, Olli Vilppo

Finnish trade grew in September

According to figures reported by PTY, the grocery consumer market relevant to Kesko grew by 3.5% in September, while the target market for Tokmanni, i.e., sales of non-grocery products in department store and hypermarket chains, increased only by 1%.

Kesko Tokmanni Group

Kesko, Audiocast, Q3'25

Webcast10/30/2025, 7:00 AM

Kesko, Audiocast, Q3'25

Press release10/30/2025, 6:05 AM

K-ryhmä: Kesko invests in growth - strengthens grocery trade market position in the Greater Helsinki area with three new K-Citymarket hypermarkets

Regulatory press release10/30/2025, 6:00 AM

K-ryhmä: Kesko interim report 1.1.-30.9.2025: Result improved - positive development in all divisions

Forum discussions

It seems almost exactly a year has passed since the launch of the €50M price investment program by Kesko and its retailers, and its overall success can probably be better analyzed by wiser heads after the Q4 release in February at the latest. In the grocery trade (PT-kauppa), however...

1/17/2026, 9:54 PM

38

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

32

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

31

Here are Arttu’s comments on Kesko’s grocery trade performance. Kesko’s grocery trade market share turned to growth in late 2025. The final quarter was particularly strong, and the company gained market share across all store formats. The news confirms our view of Kesko’s improved...

1/19/2026, 7:45 AM

by Sijoittaja-alokas

20

The release contains fresh data on grocery trade market share development: Keskon päivittäistavarakaupan strategia puree - K-ruokakauppojen markkinaosuus kääntyi kasvuun

1/19/2026, 7:39 AM

by Kesko IR

15

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

13

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

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