Kesko Oyj

Kesko Oyj

KESKOA · HE · Consumer Defensive / Grocery Stores

24.00EUR+0.05 (+0.21%)

Price History

Full chart

Market Stats

Previous Close23.95
Open23.90
Day Range23.50 – 24.15
52-Week Range17.27 – 25.25
Volume25.36K
Market Cap10.06B
P/E (TTM)22.75
Forward P/E11.81
EPS1.11
Dividend Yield3.67%
Beta0.79
50-Day Avg22.41
200-Day Avg20.76

About

Kesko Oyj engages in the chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Denmark, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade division is involved in the wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; offer online grocery services; and operates as a foodservice provider and wholesaler, as well as store retail chains under the K-Citymarket, K-Supermarket, K-Market, and Kespro. The Building and Technical Trade division engages in the wholesale, retail, and B2B trade of building and home improvement, and HEPAC and electrical products and services; and operates retail stores chain under the K-Rauta, K-Bygg, Byggmakker, and Davidsen, as well as serves technical trade customers under Onninen brand names. The Car Trade division is involved in the import, market, and retail of Volkswagen, Audi, SEAT, CUPRA, Bentley, and Porsche passenger cars, as well as Volkswagen commercial vehicles under K-Auto brand name; purchase and retail of used cars; operation of leasing business for private and corporate customers; and other services, including repair and maintenance, as well as sale of spare parts and accessories; charging network for electric vehicles under the K- Lataus name; and sports trade comprising Intersport and budget sport chains. Kesko Oyj was founded in 1940 and is headquartered in Helsinki, Finland.

Company Details

  • SectorConsumer Defensive
  • IndustryGrocery Stores
  • CEOMr. Jorma Rauhala M.Sc. (Econ.)
  • Employees19.18K
  • HeadquartersTyöpajankatu 12, Helsinki, Finland, 00580, Finland
  • Websitehttps://www.kesko.fi

Leadership

  • Mr. Jorma Rauhala M.Sc. (Econ.)President, CEO & Member of Group Management Board · b. 1965
  • Ms. Anu Hamalainen M.Sc., M.Sc. (Econ.)Executive VP, CFO & Member of Group Management Board · b. 1965
  • Mr. Ari Akseli M.Sc. (Econ.)President of Grocery Trade & Member of Group Management Board · b. 1972
  • Ms. Karoliina Partanen M.Sc. (Soc.)EVP of Communications, Brand & Stakeholder Relations and Member of Management Board · b. 1977
  • Mr. Lasse Luukkainen L.L.M.EVP of Legal & Sustainability, Member of Grp Mgt Board, General Counsel and Company Secretary · b. 1978
  • Ms. Johanna Ali M.Sc.President of the Car Trade Division & Member of Group Management Board · b. 1977
  • Ms. Minttu Sinisalo M.Sc.Executive VP of People & Culture and Member of Group Management Board · b. 1980
  • Mr. Arto Hiltunen eMBA, M.Sc., M.Sc. (Econ.)Chief Information Officer & VP of IT Management · b. 1958
  • Ms. Hanna Jaakkola M.Sc.BA.Vice President of Investor Relations
  • Mr. Heikki Ala-Seppälä M.Sc. (Econ.)Group Treasurer · b. 1957

Financials

Income Statement

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.47B7.07B7.51B7.92B8.75B9.53B9.60B8.45B8.78B9.46B9.69B9.32B9.07B8.68B10.18B10.68B10.38B10.72B10.67B11.30B11.81B11.78B11.92B12.47B
Growth (%)-+9.34%+6.20%+5.50%+10.45%+8.97%+0.70%-12.02%+3.91%+7.79%+2.38%-3.83%-2.63%-4.32%+17.30%+4.87%-2.74%+3.25%-0.48%+5.91%+4.50%-0.21%+1.16%+4.65%
Cost of Revenue5.67B6.17B6.51B6.81B7.47B8.14B8.29B7.30B7.55B8.16B8.37B8.03B7.83B7.54B8.72B9.16B8.99B9.19B9.16B9.65B10.07B10.11B10.21B12.18B
Gross Profit794.80M901.60M998.50M1.11B1.27B1.39B1.31B1.15B1.23B1.30B1.32B1.28B1.24B1.14B1.46B1.51B1.39B1.53B1.51B1.65B1.74B1.68B1.71B298.20M
Gross Margin12.29%12.75%13.30%14.03%14.57%14.60%13.62%13.61%14.02%13.71%13.62%13.76%13.65%13.12%14.36%14.18%13.42%14.27%14.19%14.58%14.75%14.23%14.38%2.39%
Operating Expense696.00M744.00M747.80M866.70M912.40M1.06B1.02B916.90M923.40M1.02B1.10B1.03B1.09B943.90M1.31B1.19B1.09B1.08B913.80M872.80M925.00M981.40M1.13B-112.30M
Operating Income98.80M157.60M250.70M244.80M362.60M331.90M285.60M232.30M306.70M280.60M216.70M248.40M151.40M194.60M146.80M324.60M307.90M447.80M600.20M775.20M816.50M695.40M579.50M410.50M
Operating Margin1.53%2.23%3.34%3.09%4.14%3.48%2.97%2.75%3.49%2.97%2.24%2.67%1.67%2.24%1.44%3.04%2.97%4.18%5.63%6.86%6.91%5.90%4.86%3.29%
EBITDA206.50M267.60M399.90M426.40M549.90M440.20M436.00M353.70M447.90M422.80M388.00M413.80M338.30M328.10M295.00M483.90M871.20M947.50M1.11B1.27B1.32B1.25B1.22B995.10M
EBITDA Margin3.19%3.78%5.33%5.38%6.29%4.62%4.54%4.19%5.10%4.47%4.01%4.44%3.73%3.78%2.90%4.53%8.39%8.84%10.43%11.24%11.22%10.61%10.26%7.98%
Net Income67.80M96.10M176.30M181.30M368.70M285.00M199.10M134.20M215.70M196.90M128.00M173.10M96.00M101.60M98.60M257.80M159.90M339.20M433.40M571.80M609.90M495.60M379.10M404.20M
Net Income Margin1.05%1.36%2.35%2.29%4.21%2.99%2.07%1.59%2.46%2.08%1.32%1.86%1.06%1.17%0.97%2.41%1.54%3.16%4.06%5.06%5.16%4.21%3.18%3.24%
Interest Expense--27.70M29.80M32.20M33.10M30.50M20.30M-18.00M17.20M19.60M15.20M13.10M11.60M13.80M111.00M104.50M93.40M75.60M59.70M99.80M127.70M139.00M
Interest Expense % of Total Revenue--0.37%0.38%0.37%0.35%0.32%0.24%-0.19%0.18%0.21%0.17%0.15%0.11%0.13%1.07%0.97%0.88%0.67%0.51%0.85%1.07%1.11%

Balance Sheet

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.63B2.76B3.20B3.59B3.81B4.09B3.89B3.84B4.18B4.19B4.38B4.36B4.20B4.14B4.41B4.47B4.30B6.90B6.64B6.97B7.47B7.75B8.47B8.82B
Total Liabilities1.24B1.34B1.79B2.08B2.03B2.13B1.87B1.77B1.97B1.96B2.11B2.01B1.93B1.90B2.28B2.24B2.10B4.76B4.45B4.44B4.73B5.00B5.74B6.00B
Total Equity1.35B1.33B1.38B1.48B1.75B1.91B1.91B2.00B2.15B2.17B2.20B2.28B2.18B2.16B2.03B2.13B2.09B2.03B2.19B2.53B2.74B2.76B2.72B2.80B
Cash42.80M62.80M148.40M114.60M56.50M89.70M57.80M73.90M56.10M84.00M102.90M111.80M107.00M141.20M141.30M132.70M107.50M124.40M154.50M279.80M245.50M211.90M473.10M166.20M
Total Debt25.50M43.60M669.30M754.60M609.80M625.40M490.50M641.80M677.70M643.80M614.90M547.70M497.60M439.10M514.70M533.80M411.20M3.04B2.62B2.30B2.42B2.79B3.40B3.57B
Net Debt-17.30M-19.20M520.90M640.00M553.30M535.70M432.70M567.90M621.60M559.80M512.00M435.90M390.60M297.90M373.40M401.10M303.70M2.91B2.46B2.02B2.17B2.58B2.92B3.41B

Cash Flow

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow145.80M164.50M199.80M282.90M307.20M215.20M134.40M378.80M438.20M215.70M381.70M413.80M304.40M276.40M170.20M301.70M413.80M896.60M1.15B1.15B915.20M1.05B1.01B879.70M
Investing Cash Flow-110.40M-120.50M-92.60M-178.70M223.40M-51.50M-45.80M31.00M-239.60M-441.10M-390.70M-152.00M-182.10M217.10M-501.10M-88.30M-209.00M-616.80M-413.70M-292.30M-344.30M-590.20M-597.50M-541.80M
Financing Cash Flow10.90M-131.20M-50.70M-132.30M-389.90M-173.10M-16.90M-234.40M-181.00M-51.20M130.30M-158.60M-253.60M-465.70M195.60M-242.90M-234.30M-295.40M-707.50M-834.40M-604.70M-492.20M-149.80M-644.70M
Capital Expenditure164.10M217.80M89.00M85.40M113.30M134.80M284.70M205.20M197.90M427.10M387.40M173.20M193.60M203.80M277.40M319.90M224.10M377.60M203.90M239.40M352.40M539.20M491.40M659.20M
Free Cash Flow-18.30M-53.30M110.80M197.50M193.90M80.40M-150.30M173.60M240.30M-211.40M-5.70M240.60M110.80M72.60M-107.20M-18.20M189.70M519.00M948.50M912.60M562.80M510.30M516.80M220.50M
Dividends Paid54.10M91.10M273.70M95.20M112.70M146.30M172.50M98.40M106.20M132.90M123.00M122.40M143.40M156.10M249.50M203.80M225.40M232.00M249.90M297.80M406.70M430.30M320.30M370.20M
FCF to OCF-12.55%-32.40%55.46%69.81%63.12%37.36%-111.83%45.83%54.84%-98.01%-1.49%58.14%36.40%26.27%-62.98%-6.03%45.84%57.89%82.31%79.22%61.49%48.62%51.26%25.07%
Dividend Paid to FCF-295.63%-170.92%247.02%48.20%58.12%181.97%-114.77%56.68%44.19%-62.87%-2157.89%50.87%129.42%215.01%-232.74%-1119.78%118.82%44.70%26.35%32.63%72.26%84.32%61.98%167.89%

Earnings

Report DateMay 7, 2003Apr 27, 2006Aug 1, 2006Feb 6, 2007Apr 22, 2008Jul 22, 2008Feb 5, 2009Apr 28, 2009Feb 5, 2010Apr 27, 2010Jul 23, 2010Oct 26, 2010Feb 3, 2011Apr 28, 2011Jul 26, 2011Oct 26, 2011Feb 2, 2012Apr 26, 2012Jul 25, 2012Oct 24, 2012Feb 5, 2013Apr 25, 2013Jul 24, 2013Oct 24, 2013Feb 4, 2014Apr 24, 2014Jul 22, 2014Oct 22, 2014Feb 10, 2015Apr 28, 2015Jul 22, 2015Oct 22, 2015Feb 3, 2016Apr 27, 2016Aug 3, 2016Oct 26, 2016Feb 2, 2017Apr 27, 2017Jul 27, 2017Oct 25, 2017Feb 1, 2018Apr 25, 2018Jul 25, 2018Oct 24, 2018Feb 6, 2019Apr 25, 2019Jul 24, 2019Oct 24, 2019Feb 5, 2020Apr 28, 2020Jul 23, 2020Oct 29, 2020Feb 3, 2021Apr 26, 2021Jul 21, 2021Oct 29, 2021Feb 3, 2022Apr 29, 2022Jul 26, 2022Oct 27, 2022Feb 2, 2023Apr 28, 2023Jul 27, 2023Oct 26, 2023Jan 30, 2024Apr 25, 2024Jul 23, 2024Oct 30, 2024Feb 5, 2025Apr 29, 2025Jul 22, 2025Oct 30, 2025Feb 3, 2026Apr 27, 2026Jul 22, 2026Oct 29, 2026
EPS Estimate----------------------------------------------------------------------------
EPS Actual0.030.280.100.730.330.22-0.010.030.180.040.130.200.150.060.140.130.130.040.090.130.060.030.130.130.15-0.030.130.100.04-0.280.370.110.060.070.120.16-0.100.050.320.170.110.020.060.190.130.070.270.310.230.090.240.480.280.200.410.430.410.260.450.470.360.210.380.370.280.150.260.350.190.120.290.350.250.130.320.41
Surprise----------------------------------------------------------------------------
Timing----------------------------------------------------------------After-hoursPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market--

Key Statistics & Ratios

Market Cap10.06B
Enterprise Value13.72B
Trailing P/E22.75
Forward P/E11.81
PEG Ratio6.02
Price / Sales0.77
Price / Book3.44
EPS1.11
Book Value7.13
Revenue (TTM)13.03B
Gross Profit (TTM)1.91B
EBITDA906.10M
Profit Margin3.39%
Operating Margin6.51%
Return on Equity15.90%
Return on Assets4.52%
Shares Outstanding126.95M
Shares Float351.54M
Beta0.79
Dividend Yield3.67%
Dividend Rate0.90
Payout Ratio128.46%

Dividends

20264×
0.23Oct 14, 20260.22Jul 15, 20260.23Mar 27, 20260.22Jan 12, 2026
20254×
0.23Oct 13, 20250.22Jul 14, 20250.23Mar 25, 20250.25Jan 13, 2025
20243×
0.26Oct 14, 20240.25Jul 15, 20240.26Mar 27, 2024
20234×
0.27Dec 11, 20230.27Sep 11, 20230.27Jun 20, 20230.27Mar 31, 2023
20224×
0.26Dec 12, 20220.27Sep 12, 20220.26Jun 21, 20220.27Apr 8, 2022
20212×
0.37Sep 30, 20210.38Apr 13, 2021
20202×
0.31Sep 30, 20201.28Apr 29, 2020
20191×
0.29Oct 9, 2019

Stock Splits

  • Apr 29, 20204:1