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Kesko will publish its Q1/2022 report on Friday, 29 April 2022, at around 8.00 am Finnish time. An English audiocast/teleconference for investors and analysts will be held at 9.00 am Finnish time.

Below is recap of Kesko's key events and news in Q1/2022.

NEWS, FINANCIALS AND SHARES

• Kesko’s 2021 Annual Report – which comprises 5 sections – was published in March. Although the report covers the events and key figures of last year, it also provides plenty of general information on, for example, Kesko’s strategy, business models, operating environment and reasons to invest in our shares, as well as descriptions of our sustainability work and its targets and results. (summaries and links)

• Kesko’s 2022 Annual General Meeting will be held on 7 April 2022. The meeting will decide, among other things, on the distribution of profits: Kesko’s Board has proposed that Kesko will pay a dividend of €1.06/share for 2021 and that it be paid in 4 instalments. (release)

• Kesko decided to discontinue the purchase of Russian products and export of food products to Russia as a response to the situation in Ukraine. Kesko withdrew from the Russian grocery and building and home improvement trade markets in 2016-2018, and since then, Kesko’s purchases from Russia have been very minor. (release)

• Share plans: Kesko's share-based commitment and incentive plans for 2022-2025 (release) and the realisation for the 2020 and 2021 performance periods of the 2020-2023 Performance Share Plan (release)

• Changes in the holding of Kesko’s treasury shares (release 17 February, release 15 March, release 18 March)

SALES DEVELOPMENT

• Kesko’s sales grew in January (release)

• Kesko’s sales grew in February (release)

Sales figures for March will be released in mid-April.

DIGITALISATION AND CUSTOMER EXPERIENCE

• Kesko is the first listed Finnish company to publish a Data Balance Sheet report detailing its sustainable use of data for value creation. See the report and our investor blog post on the subject.
  
  

SUSTAINABILITY

• Kesko’s sustainability strategy was updated: the focus areas for the updated strategy are climate and nature, sustainable value chains, responsibility for people, and good governance. The remuneration of Kesko’s top management is now linked to sustainability targets, such as emission reductions and international sustainability indices and assessments. (release)

• Kesko once again made the Global 100 Most Sustainable Corporations in the World list by Corporate Knights, ranking 69th. Kesko is the only company in the world to have made the list every year since it was first established in 2005. (release)

• For the second year in a row, Kesko was one of the companies recognised as a Supplier Engagement Leader by the CDP, thanks to our success in committing suppliers to take action to mitigate climate change. (release)

• Kesko’s 22nd Sustainability report was published in March, detailing the objectives and progress made in our sustainability work, and providing key indicators in accordance with GRI standard. (report)
   

GROCERY TRADE 

• Construction on the first in-store online grocery order collection system is proceeding in Ruoholahti, Helsinki. (release)

• We introduced a new and improved version of our K-Ruoka mobile app for online grocery shopping. The app already has 1 million registered users, and one-fifth of our online grocery customers use the mobile app for making their purchases. (release in Finnish)

• K Group achieved its objective of reducing food waste by 13% compared to 2016 with the help of systematic selection management and various innovative solutions. (release)
  
  

BUILDING AND TECHNICAL TRADE 

• Kesko launched a new K-RautaPRO online store in Finland, specifically tailored to the needs of B2B customers. B2B online sales are increasingly important in building and technical trade: for example, some 25% of Onninen’s sales in Finland now come through digital channels. (release in Finnish)
  
  

CAR TRADE

• Kesko plans to open more new EV charging stations in 2022 than it did in 2021: 22 new stations were opened last year, bringing the number of K Charge stations above 100. Kesko intends to focus on fast and high-power charging. EV charging increased by 131% y/y in 2021, exceeding expectations. (release in Finnish) 

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