Kesko's Financial targets and achievements

Kesko achieved its financial targets also in 2022. Central to this were business growth, constant improvement in cost efficiency, and efficient allocation of capital.

Kesko’s financial targets

 Indicator

Target 

Level achieved 2022 

Level achieved
2021

Level achieved
2020 

Comparable operating margin, % 

Over 6%

6.9%

6.9%

5.3%

Comparable return on capital employed, % 

Over 14.5%

16.9%

17.2%

12.0%

Interest-bearing net debt/EBITDA, excluding the impact of IFRS 16 

at
maximum
2.5

0.2

0.0

0.4

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