Kesko's Financial targets and achievements
Our strategic objectives are to ensure profitable growth, crystallise our competitive advantages, and strengthen our market position in the three selected divisions, namely grocery trade, building and technical trade, and car trade.
Financial indicators
Kesko’s medium-term financial targets were last updated in spring 2021. In 2025, we fell slightly short of the targets for operating profit and return on capital employed as our market continued to be challenging. As for balance sheet, we were clearly below the maximum target level set for interest-bearing net debt / EBITDA. Our cost control has been successful. During 2025, we continued investments in line with our growth strategy in logistics and acquisitions, for example. The weak market in building and technical trade had an impact on the operating profit level achieved.
|
Indicator |
Target |
Level achieved |
Level achieved 2024 |
Level achieved |
Level achieved |
|
Comparable operating margin, % |
Over 6% |
5.3 |
5.5 |
6.0 |
6.9 |
|
Comparable return on capital employed, % |
Over 14.5% |
10.4 |
11.3 |
13.4 |
16.9 |
|
Interest-bearing net debt/EBITDA, excluding the impact of IFRS 16 |
at |
1.6 |
1.1 |
0.7 |
0.2 |
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