Investor blogs and podcasts

Kesko will publish its half-year financial report for January-June 2021 on Friday, 23 July 2021, at around 9.00 am Finnish time. There is a Finnish-language webcast at 11.00 am the same day, and an English audiocast/teleconference at 12.30 noon (see details here).

Below is recap of Kesko's key events and news in Q2/2021.

Group and shares

* On 14 June 2021, Kesko issued a positive profit warning based in particular on stronger-than-anticipated development in building and technical trade (see release)

* On 27 May 2021, Kesko updated its financial targets, stating it will continue the implementation of its successful growth strategy (see release)

* The latest change in the holding of Kesko Corporation's treasury shares on 29 April 2021 (see release)

* Kesko managed to defend its position in the top five most valuable Finnish brands at 4th place (up 3% to €1.2bn) in the Brand Finance ranking (see release)

* Kesko’s investor pages were ranked second best in Finland by the Finnish Foundation for Share Promotion, the Finnish Society of Financial Analysts and financial media. Kesko has been among the top 2 in the competition for four years in a row (more information in Finnish) 

Sales development

* Kesko’s sales in April (see release)

* Kesko’s sales in May (see release)

Other materials

*  A strategy update by Kesko's President and CEO Mikko Helander (see video)

* Our latest road show presentation (see presentation)

* Our latest IR blog with CDO Anni Ronkainen discussing the use of data in developing customer experiences can be found here

Grocery trade news

* K Group strengthens its market-leading position in Finnish online grocery by investing tens of millions of euros in collection automation and builds the first partially-automated collection system in Finland (see release)

* K Group revamps its grocery stores based on tailored store-specific business ideas, investing €120 million in store network this year (see release)

Car trade news

* Kesko conducted codetermination negotiations in its car trade division as part of  larger effort to make changes in the division (see releases here and here)

Sustainability news 

* K Group increases the use of Finnish wind power substantially – share of K Group’s electricity purchases to rise to 20% (see release)

* The K Charge network will expand in 2021 with 20 new charging stations – fast charging up by over 130% (see release)

* Food waste in K-food stores down by a record 9% in 2020 (see release)

* Riikka Joukio begins work as Kesko’s new EVP of Corporate Responsibility and Public Affairs (see release)

* More than €5 million raised with the ‘Thank the Producer' model for Finnish food producers (release)

* Finns favour domestic products at a level that is exceptional on a global scale (see release)

* All Pirkka and K-Menu tuna cans to have QR codes that enable customers to access information on the products’ origin (see release)

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