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Kesko

23.78 EUR+1.19 %16.10, 17.29
15,976 following

KESKOB

NASDAQ Helsinki

Retailers

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
Compare
+1.19 %
+9.08 %
+22.20 %
+20.04 %
+23.53 %
+27.37 %
+50.98 %
-25.29 %
+786.45 %

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
9.51B EUR
Turnover
8.66M EUR
P/E (adj.) (26e)
19.93
EV/EBIT (adj.) (26e)
18.39
P/B (26e)
3.25
EV/S (26e)
0.99
Dividend yield-% (26e)
3.99 %
Coverage
Recommendation
Reduce
Target price
23.50 EUR
Updated
15.10.2026
Arttu Heikura
Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 15.10.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
Here are Arttu’s comments on Kesko’s September. Kesko’s sales grew by 5% in September. The growth was entirely organic and driven by each of the company’s main divisions. Growth was strongest in the Car Trade and Building and Technical Trade, whose performance has been particularly...
10/14/2026, 6:06 AM
by Sijoittaja-alokas
36
Kesko Keskon myynti syyskuussa
10/14/2026, 5:08 AM
22
It would be good if a vote were held at the October 30 meeting on whether to carry out a share issue or skip paying dividends for the next 12 months and finance the acquisition with that money plus debt. The latter would be considerably cheaper overall. It saves the costs of a share...
10/9/2026, 12:04 PM
by Raharambo
21
From one perspective, that’s the way it is. From another perspective, cash flow needs to come in, they aren’t going to put more money into the rights issue, and the subscription rights are sold. This could be the case for foundations, for example. So, even though the situation might...
10/9/2026, 1:00 PM
by Mukava valkku
16
Here is Arttu’s pre-earnings report ahead of Kesko’s earnings announcement on Thursday, October 29. We expect the Group’s earnings improvement to have continued, now supported by all main business divisions. The outlook for the rest of the year appears positive, which is why we consider...
10/15/2026, 4:59 AM
by Sijoittaja-alokas
12
Out of curiosity, couldn’t Kesko anticipate or plan this at all and spin it in favor of the shareholder, versus how this scenario actually played out? Personally, I’m also baffled by the ridiculous dividend policy in this case, followed right after by a share issue to finance the...
10/9/2026, 6:28 AM
by Junnu
10
Presumably, the main owners’ will is what it is. And indeed, not everyone pays taxes on dividends, so taxation isn’t the same kind of issue for everyone—unfortunately. Personally, I always prefer minimizing dividends if possible, but unfortunately, my Kesko stake isn’t quite large...
10/9/2026, 1:15 PM
by Paapaa
8
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.10
2026

Interim report Q3'26

30.10
2026

Extraordinary general meeting '26

13.1
2027

Quarterly dividend

Regulatory press release17.10.2026, 10.30

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (15.10.2026)

Kesko
Kesko Q3'26 preview: God indtjeningstakt er allerede i kursen
Research15.10.2026, 06.35 by
Arttu Heikura

Kesko Q3'26 preview: God indtjeningstakt er allerede i kursen

Vi forventer, at koncernens resultatforbedring er fortsat, denne gang understøttet af alle hovedforretningsområder.

Kesko
Keskon omsætning vækst i september fortsatte stærkere end ventet
Analyst Comment14.10.2026, 07.43 by
Arttu Heikura

Keskon omsætning vækst i september fortsatte stærkere end ventet

Keskon omsætning voksede med 5 % i september.

Kesko

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Press release14.10.2026, 07.00

K-ryhmä: Kesko's sales in September

Kesko
Kesko: Finansieringsstrukturen for Dahl-virksomhedshandlen begynder at falde på plads
Analyst Comment09.10.2026, 06.40 by
Arttu Heikura

Kesko: Finansieringsstrukturen for Dahl-virksomhedshandlen begynder at falde på plads

For at gennemføre emissionen indkalder selskabet til en ekstraordinær generalforsamling.

Kesko
Regulatory press release08.10.2026, 08.05

K-ryhmä: Notice of Kesko Corporation's Extraordinary General Meeting

Kesko
Regulatory press release08.10.2026, 08.00

K-ryhmä: Kesko is planning an approximately €500-700 million rights issue of B shares in connection with the acquisition of Dahl operations in Sweden and Brødrene Dahl operations in Norway and Denmark

Kesko
Press release02.10.2026, 08.00

K-ryhmä: Invitation to Kesko's Q3 interim report briefing on Thursday, 29 October 2026

Kesko
Analyst Comment01.10.2026, 07.43 by
Arttu Heikura

Kesko og Tokmannis hjemmemarked stagnerede i august

Det finske marked for stormagasiner og hypermarkeder voksede med 2 % i august.

KeskoTokmanni Group
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
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