KKOYF

Company Overview

Kesko Oyj is a Finnish conglomerate with a primary focus on the grocery retail sector. Its operations are diversified across three main divisions: Grocery Trade, Building and Technical Trade, and Car Trade. The Grocery Trade division handles the wholesale distribution of foodstuffs and business-to-business grocery transactions, alongside the retail sale of household items and specialized products. It manages an extensive network of around 1,200 K-food outlets, such as K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Trade segment serves both retail and wholesale markets, engaging in business-to-business dealings for construction materials, home renovation supplies, electrical equipment, and HVAC (heating, ventilation, and air conditioning) products. This segment also has a presence in leisure goods. Its retail chains include K-Rauta, K-Bygg, Byggmakker, and Onninen, while its leisure goods outlets operate as Intersport and Budget Sport. These operations span Finland, Sweden, Norway, and the Baltic nations. Within Finland, the Car Trade division is responsible for importing, promoting, and selling passenger vehicles from brands like Volkswagen, Audi, SEAT, CUPRA, Bentley, and Porsche, as well as commercial vehicles from Volkswagen and MAN. Additionally, this segment provides vehicle leasing options, comprehensive repair and maintenance services, spare parts and accessories, and manages an electric vehicle charging infrastructure known as K-Charge. Established in 1940, Kesko Oyj's corporate headquarters are located in Helsinki, Finland.

Earnings & Financials