Kesko news

24 October 2013
At a corporate level, Finland-based Kesko announced that net sales fell during its third quarter and the first nine months of the year, although some of the fall was offset by growth in its food trade division. Headline figure affected by home and speciality goods trade Kesko announced that during the January to September timeframe it generated sales worth €6,953 million, down 3.8% on 2012. T...
24 July 2013
Finland’s Kesko Group saw first half sales decrease 4.4%, although the grocery division grew sales 1.8% in the period ending June 2013. Grocery sales rise 1.8% Kesko Group as a whole reported a decrease in sales of 4.2% to €4.6bn in the first half of 2013. The grocery division saw a 2.0% increase in sales to €2.1bn. The majority of this grocery growth was seen in the first quarter, where ...
25 April 2013
K-Group sales fell by 6.9% in the first quarter, as the business continues to implement its turnaround strategy. Growth in grocery While total group sales were down, Kesko's grocery division performed much better, delivering growth of 3.5% at €1,045m. Kesko estimates this is roughly in line with market growth for Q1. During the period January-March it added three new stores and renovated an...
05 February 2013
The Finnish retailer has reported its full year results for 2012, announcing group sales of €9.7bn, up 2.4% year-on-year, and appears to have arrested the decline in operating profit in Q4. Grocery business delivers growth Kesko's grocery sales at K-Food, Kespro, and other grocery banners grew by 2.2% in Q4 and 3.1% for the full year, reaching €4.3bn in 2012. Sales of Pirkka  private label ...