News

30 news and releases

November 2023

Kesko’s sales in October

Kesko Group’s sales in October 2023 totalled €1,059.1 million, representing an increase of 1.9%.

Investor, Media

14.11.2023 08:00

Kesko to purchase plots in Lahti in a continued effort to update its network of grocery store sites in line with its growth strategy

Kesko has purchased two plots at Kauppakatu 16 in the city of Lahti from Luhta-Kiinteistöt Oy. The deal is part of Kesko’s growth strategy, which involves updating existing grocery stores and opening several new ones in Finnish growth centres in upcoming years. Sales of Kesko’s K-Citymarket hypermarket stores in particular have been growing considerably, and the hypermarkets have a crucial impact on the profitability and market share of Kesko’s grocery store business.

Investor, Media

13.11.2023 10:00

Kesko commits to even more ambitious climate targets

Kesko commits to setting new long-term emission reduction targets, according to which it aims to reduce emissions in its whole value chain to net zero by the year 2050. Achieving net-zero targets will require zero emissions in all parts of the value chain, which in turn requires even tighter collaboration with suppliers to reduce emissions during manufacturing, and further efforts to increase sustainable consumption among customers.

Responsibility, Investor, Media

09.11.2023 13:30

October 2023

Kesko’s sales in September

Kesko Group’s sales in September 2023 totalled €1,024.0 million, representing a decrease of 5.7%.

Investor, Media

13.10.2023 08:00

Invitation to Kesko’s Q3 interim report briefing on 26 October 2023

A stock exchange release concerning Kesko's interim report for January-September 2023 will be published on Thursday, 26 October 2023, at around 8.00 am (EET/EEST).

Investor, Media

06.10.2023 10:00

September 2023

Kesko continues updating its network of grocery store sites in line with its growth strategy

Kesko will continue to update its existing stores and also open several new grocery stores in growth centres in the coming years. Sales of Kesko’s K-Citymarket hypermarket stores in particular have been growing considerably in Finland, and the hypermarkets have a crucial impact on the profitability and market share of Kesko’s grocery store business. Kesko has already announced that it will build three new K-Citymarket stores, and in addition to these, the company plans to build several more K-Citymarket stores in growth centres.

Investor, Media

21.09.2023 10:00

Kesko’s sales in August

Kesko Group’s sales in August 2023 totalled €1,079.2 million, representing an increase of 1.6%.

Investor, Media

14.09.2023 08:00

Kesko to build its fifth K-Citymarket hypermarket store in Finland’s fourth biggest city Vantaa

Kesko and the building company SSA Rakennus Oy are set to build a new K-Citymarket hypermarket store in Kivistö, Vantaa. This will be Kesko’s fifth hypermarket in Vantaa, which is the fourth biggest city in Finland and part of the Helsinki metropolitan area. The premises will host the K-Citymarket and some 20 other commercial facilities, as well as integrated housing built by SSA Rakennus.

Customer, Investor, Media

12.09.2023 11:36

August 2023

Kesko Sweden to concentrate its building and home improvement trade operations under the K-Bygg chain

Kesko will concentrate its building and home improvement trade operations in Sweden under the K-Bygg chain, and will increasingly focus on serving building professionals alongside consumers. The K-Rauta stores in Sweden will either be converted into K-Bygg stores or closed. Kesko’s building and home improvement trade operations in Sweden will be concentrated under one brand by the end of 2024.

Investor, Media

29.08.2023 12:30

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