News

Kesko initiates change negotiations in parts of its grocery trade business and in the K HR unit – workforce reductions estimated to impact 37 people

The operating environment for the trading sector is currently subject to various notable uncertainties due to, among other factors, the energy crisis in Europe, high inflation, and weakening economy. General uncertainty has also had a strong impact on customer behaviour, which has changed significantly during the year.

25.11.2022 12:00

Kesko’s sales grew in October

Kesko Group's sales totalled €1,039.0 million in October 2022, representing an increase of 6.0% in comparable terms.

14.11.2022 08:00

Kesko interim report for 1 Jan.- 30 Sept. 2022: Sales growth improved profit

27.10.2022 09:50

K Group and Wolt expand their cooperation for an efficient network for fast grocery deliveries across Finland

In a short time, K Group and the quick commerce pioneer Wolt have been able to establish an effective concept for fast grocery deliveries in Finland. 127 K-Market stores at 40 locations around Finland now offer fast deliveries in collaboration with Wolt, covering a range of as many as 5,000 grocery store products. There is great demand for fast grocery deliveries across the country, and by the end of this year, some 160 K-Market stores will be offering the service.

27.10.2022 09:45

Kesko’s sales grew in September

Kesko Group's sales in September 2022 totalled €1,086.1 million, representing an increase of 6.4% in comparable terms.

14.10.2022 08:00

Invitation to Kesko’s Q3 interim report briefing on 27 October 2022

A stock exchange release concerning Kesko's results for January-September 2022 will be published on Thursday, 27 October 2022, at around 8.00 am (EET/EEST).

03.10.2022 09:15

Kesko’s sales grew in August

Kesko Group's sales totalled €1,062.4 million in August 2022, an increase of 8.4% in comparable terms. The month had one delivery day more than the comparison month.

13.09.2022 08:00

Developing our local food offering is a long-term effort

K Group grocery stores offer the largest selections of locally produced food in Finland, comprising as many as 50,000–60,000 products. Work is carried out continuously to develop the selections both at the stores and at Kesko. At the end of August, producers in the Turku region showcased their products to K-retailers at our Local Food Date event.

09.09.2022 00:00

Finnish Competition and Consumer Authority suspects Onninen Oy of violation of competition law – Onninen denies the claims

The Finnish Competition and Consumer Authority has been investigating Kesko Group company Onninen’s suspected violation of competition law for almost 10 years, and has finally decided to take the matter to the Market Court. The investigation has concerned a wide range of companies operating in the HPAC infra plastic pipe product market in Finland. The suspected violation concerns almost in its entirety a period of time before Kesko acquired the capital stock of Onninen from Onvest Oy on 1 June 2016. Consequences resulting to Onninen from the investigation were addressed in the acquisition terms and conditions. Onninen denies the FCCA claims of suspected violation of competition law as unfounded. Kesko is not suspected of participation in the alleged infringement.

08.09.2022 13:35

Energy awareness on the rise – Finns intend to save energy with heat pumps, more energy-efficient lighting, and better faucets and insulation

Finnish consumers are interested in saving water and energy. According to a survey* by K-Rauta, consumers are joining the effort to save energy by favouring energy-efficient lighting, air source heat pumps, and showers and faucets that help save water.

31.08.2022 10:20