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Kesko Oyj (KESKOB.HE)

KESKOB.HE on Helsinki Stock Exchange

50.54EUR
6:41am EDT
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€-0.30 (-0.59%)
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€50.84
Open
€50.60
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€50.72
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€50.38
Volume
30,851
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170,635
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€56.62
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€42.92

Latest Key Developments (Source: Significant Developments)

Kesko March Sales At EUR 889.3 Mln
Friday, 12 Apr 2019 02:00am EDT 

April 12 (Reuters) - Kesko Oyj ::KESKO'S SALES IN MARCH.SALES OF KESKO GROUP'S CONTINUING OPERATIONS IN MARCH 2019 TOTALLED EUR 889.3 MILLION.REPORTED SALES FROM CONTINUING OPERATIONS DECREASED BY 1.2%."FACT THAT EASTER THIS YEAR FALLS ON APRIL HAD A SIGNIFICANT IMPACT ON SALES IN MARCH, ESPECIALLY IN GROCERY TRADE".  Full Article

Kesko To Acquire Fresks Group
Friday, 29 Mar 2019 03:00am EDT 

March 29 (Reuters) - Kesko Oyj ::KESKO TO ACQUIRE FRESKS GROUP TO STRENGTHEN MARKET POSITION IN THE BUILDING AND TECHNICAL TRADE IN SWEDEN.KESKO GROUP COMPANY K-RAUTA AB HAS SIGNED AN AGREEMENT TO ACQUIRE FRESKS GROUP.KESKO GROUP COMPANY K-RAUTA AB HAS SIGNED AN AGREEMENT TO ACQUIRE FRESKS GROUP.PURCHASE PRICE OF ACQUISITION EXPRESSED ON A DEBT AND CASH FREE BASIS IS SOME EUR 200 MILLION..PRO FORMA NET SALES OF FRESKS GROUP TOTALLED EUR 205 MILLION AND COMPARABLE PRO FORMA EBITDA EUR 18 MILLION IN 2018.ACQUISITION IMPLEMENTS KESKO'S BUILDING AND TECHNICAL TRADE DIVISION'S GROWTH STRATEGY IN NORTHERN EUROPE.  Full Article

Kesko February Sales At EUR 745.5 Million
Thursday, 14 Mar 2019 03:00am EDT 

March 14 (Reuters) - Kesko Oyj ::KESKO'S COMPARABLE SALES AT LAST YEAR'S LEVEL.SALES OF KESKO GROUP'S CONTINUING OPERATIONS TOTALLED EUR 745.5 MILLION IN FEBRUARY 2019..SALES IN CAR TRADE TOTALLED EUR 60.1 MILLION IN FEBRUARY, A DECREASE OF 21.6%..COMPARABLE TERMS, SALES WERE AT SAME LEVEL AS YEAR BEFORE. REPORTED SALES FROM CONTINUING OPERATIONS GREW BY 0.4%..  Full Article

Kesko To Sell Activities In Onninen To Solar
Tuesday, 12 Mar 2019 04:00am EDT 

March 12 (Reuters) - Kesko Oyj ::TO SELL ACTIVITIES IN ONNINEN AB TO SOLAR AS.  Full Article

Solar To Acquire Swedish Business Activities
Tuesday, 12 Mar 2019 03:34am EDT 

March 12 (Reuters) - Solar A/S ::REG-NO. 4 2019 SOLAR A/S WILL ACQUIRE SWEDISH BUSINESS ACTIVITIES.SIGNED AGREEMENT WITH FINNISH KESKO CORPORATION CONCERNING ACQUISITION OF SELECTED PARTS OF ONNINEN AB'S SWEDISH BUSINESS ACTIVITIES.ACQUISITION INCLUDES 12 BRANCHES CORRESPONDING TO A REVENUE OF APPROX. DKK 400M..AT TIME OF CLOSING, WE WILL INFORM ABOUT FINANCIAL CONSEQUENCES OF ACQUISITION.A CLARIFICATION OF THIS IS EXPECTED BEFORE END OF Q2 2019.  Full Article

Kesko's Sales In January (Continuing Operations) At EUR 809.2 Million
Thursday, 14 Feb 2019 02:00am EST 

Feb 14 (Reuters) - Kesko Oyj ::KESKO'S SALES IN JANUARY.SALES OF KESKO GROUP'S CONTINUING OPERATIONS IN JANUARY 2019 TOTALLED EUR 809.2 MILLION.SALES WERE AT PREVIOUS YEAR'S LEVEL IN COMPARABLE TERMS..CHANGE IN REPORTED SALES FROM CONTINUING OPERATIONS WAS -0.7%..  Full Article

Kesko Q4 EBIT Ex-Items At EUR 90.5 Million, Above Expectations
Wednesday, 6 Feb 2019 02:00am EST 

Feb 6 (Reuters) - Kesko Oyj ::KESKO'S FINANCIAL STATEMENTS RELEASE FOR THE PERIOD 1 JAN. TO 31 DEC. 2018: ALL-TIME-BEST COMPARABLE OPERATING PROFIT.PROPOSES A DIVIDEND OF EUR 2.34 PER SHARE, TO BE PAID IN TWO EQUAL INSTALMENTS IN APRIL AND OCTOBER.NET SALES FOR CONTINUING OPERATIONS FOR NEXT 12 MONTHS ARE EXPECTED TO EXCEED LEVEL OF PREVIOUS 12 MONTHS..COMPARABLE OPERATING PROFIT FOR CONTINUING OPERATIONS FOR NEXT 12-MONTH PERIOD IS EXPECTED TO EXCEED LEVEL OF PRECEDING 12 MONTHS..INVESTMENTS IN INFORMATION SYSTEMS AND DIGITAL SERVICES WILL BURDEN PROFITABILITY DURING PERIOD.IN CAR TRADE, PROFITABILITY IS BURDENED BY SHIFT TO WLTP EMISSIONS TESTING, WHICH POSTPONES CAR DELIVERY TIMES.Q4 NET SALES EUR 2.66 BILLION (REUTERS POLL: EUR 2.65 BILLION).Q4 EBIT EX-ITEMS EUR 90.5 MILLION (REUTERS POLL: EUR 88.7 MILLION).  Full Article

Kesko Sales In December Up 1.0% In Comparable Terms
Tuesday, 15 Jan 2019 02:00am EST 

Jan 15 (Reuters) - Kesko Oyj ::KESKO'S SALES GREW IN DECEMBER.SALES OF KESKO GROUP'S CONTINUING OPERATIONS IN DECEMBER 2018 TOTALLED EUR 848.0 MILLION.REPORTED SALES FROM CONTINUING OPERATIONS INCREASED BY 1.6%..SALES OF CONTINUING OPERATIONS IN DECEMBER 2018 TOTALLED EUR 848.0 MILLION, UP 1.0% IN COMPARABLE TERMS.  Full Article

Kesko To Acquire Volkswagen And SEAT Businesses From Huittisten Laatuauto
Thursday, 3 Jan 2019 03:00am EST 

Jan 3 (Reuters) - Kesko Oyj ::KESKO TO ACQUIRE VOLKSWAGEN AND SEAT BUSINESSES FROM HUITTISTEN LAATUAUTO.KESKO TO ACQUIRE VOLKSWAGEN AND SEAT BUSINESSES FROM HUITTISTEN LAATUAUTO.PRO FORMA NET SALES OF BUSINESS OPERATIONS TO BE ACQUIRED TOTALLED SOME EUR 29 MILLION IN REPORTING PERIOD THAT ENDED IN JUNE 2018.  Full Article

Kesko To Acquire Volkswagen, Audi And Seat Businesses From Länsiauto
Wednesday, 2 Jan 2019 03:00am EST 

Jan 2 (Reuters) - Kesko Oyj ::KESKO TO ACQUIRE VOLKSWAGEN, AUDI AND SEAT BUSINESSES FROM LÄNSIAUTO.ACQUISITION IS EXPECTED TO BE COMPLETED DURING Q1 OF 2019.PRO FORMA NET SALES OF BUSINESSES TO BE ACQUIRED TOTALLED SOME EUR 67 MILLION IN 2017.  Full Article

EU mergers and takeovers (March 26)

BRUSSELS, March 26 The following are mergers under review by the European Commission and a brief guide to the EU merger process: