Here are Arttu’s comments on Kesko’s November. ![]()
Kesko’s November sales grew by 4%, supported by its two largest divisions. Organically, growth was slightly milder (1%). The development was commendable, especially in the consumer customer sales of the Grocery Trade division, while development elsewhere was somewhat stable. The group-level performance slightly exceeded our expectations, and so far, Q4 development has been better than our expectations. We will update our forecast figures at the latest after the December sales release or in our Q4 earnings preview.
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