News

46 news and releases

October 2023

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

Five methods that grocery stores use to prevent food waste – the popularity of red-flagged products is still growing

Grocery stores combat food waste and invest in its prevention in many ways. Customers of K-food stores can now contribute to reducing food waste by purchasing products made with food that would otherwise have been wasted, such as fruit and vegetable boxes and bread bags. At the same time, the popularity of red-flagged products continues to grow, and a variety of products made with potential waste food can now be found on store shelves. Biogas from inedible waste food is used in processes such as the production of Pirkka Amppari ice cream.

Sustainability, Customer, Company, Media

08.09.2023 08:30

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

Kesko acquires the Danish builders’ merchant Davidsen and enters Denmark

Kesko has agreed to acquire Davidsen Koncernen A/S, one of the largest builders’ merchants in Denmark. The acquisition marks Kesko’s first step into the Danish market and gives it a solid foothold in the local building materials market. It also further advances Kesko’s objective of strengthening its market position in Northern Europe. The Davidsen family will remain as a 10% minority shareholder in the company.

Investor, Media

23.08.2023 09:00

Over 264,000 euros raised to help Ukrainian families

Sales of Ukraine ribbons raised over 264,000 euros to help Ukrainian families that have come to Finland. The funds raised are being used to organise communal activities and events to bring Ukrainian and Finnish families together. The funds are also being used to provide food gift cards to Ukrainian families in need.

Sustainability, Customer, Company, Media

15.08.2023 07:00

Kesko’s sales in July

Kesko Group’s sales in July 2023 totalled €908.8 million, representing a decrease of 1.3%.

Investor, Media

14.08.2023 08:00

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