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39 news and releases

August 2019

Certification labels verify the sustainable origin of wood for customers

Finland is one of the most heavily-forested countries in the world, with forests making up over 70% of its area. Finns use wood and paper products every day, and trust they are being ecological in doing so. What they often do not think about are problems related to forests globally, such as illegal logging and deforestation, which is why Finnish consumers do not necessarily check the origin of a terrace board or wall panel they are buying.

Responsibility, Customer, Investor, Company, Media

16.08.2019 08:15

Kesko’s sales grew in July

The sales of Kesko Group’s continuing operations in July 2019 totalled €947.7 million, representing an increase of 3.6% in comparable terms. Reported sales from continuing operations grew by 7.1%.

Investor, Media

14.08.2019 09:00

Market for car trade has weakened materially – K Auto Oy and K Caara Oy to initiate codetermination negotiations with personnel

The market situation for the Finnish car trade weakened materially during the first half of 2019. Due to the significant change in the market situation, K Auto Oy, which imports cars, and K Caara Oy, which engages in car retail, will initiate statutory codetermination negotiations with personnel representatives. It is estimated that the negotiations may lead to the termination of the employment of 190 people at the most.

Investor, Media

13.08.2019 15:15

July 2019

Half year financial report 1-6/2019: All-time best Q2 result

Strong growth strategy execution increased net sales and improved profit further.

Investor, Company, Media

24.07.2019 14:15

Kesko’s sales in June

The sales of Kesko Group’s continuing operations totalled €929.7 million in June 2019. In comparable terms, the sales were at the same level as the year before. Reported sales from continuing operations grew by 1.9%.

Investor, Media

12.07.2019 09:00

June 2019

Kesko’s sales grew in May

The sales of Kesko Group’s continuing operations in May 2019 totalled €974.2 million, representing an increase of 0.4% in comparable terms. Reported sales from continuing operations grew by 2.3%.

Investor, Media

14.06.2019 09:00

May 2019

K Group’s own brand Pirkka chocolates and cocoa to contain certified cocoa only

Going forward, K Group will only accept cocoa and chocolates made from 100% sustainable origin cocoa for its Pirkka, K-Menu and Menu ranges.

Responsibility, Customer, Investor, Media

23.05.2019 09:13

Kesko has completed the acquisition of Fresks Group in Sweden

Kesko Group company K-rauta AB has completed the acquisition of Fresks Group from Litorina, Oscarson Invest and the group’s management. Fresks Group is a significant operator in the Swedish builders’ merchant business and the biggest member of the XL Bygg chain. The acquisition will significantly strengthen Kesko’s market position in Sweden, especially in the growing professional builders customer segment.

Investor, Media

17.05.2019 12:15

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