Kesko’s 2025 financial statement release is out: Kesko’s comparable operating profit improved and net sales grew across all divisions in 2025. An earnings turnaround was seen towards the end of the year as the third-quarter results improved, and growth continued in the fourth quarter. Kesko’s market position strengthened in almost all business operations during the year.
Guidance for 2026 and future outlook: Both Kesko’s operating environment and comparable operating profit are estimated to improve in 2026 across all divisions and operating countries. The comparable operating profit for 2026 is estimated to be in the range of EUR 650–750 million.
Dividend: Kesko’s Board of Directors proposes to the Annual General Meeting to be held on 26 March 2026 that a dividend of €0.90 per share be paid, again in four installments. The dividend payout ratio of 84% is in line with the dividend policy; strong growth investments continue.
Release and all result materials: https://www.kesko.fi/sijoittaja/raportit-ja-presentaatiot/#event64265
And a reminder that the management’s results briefing in Finnish can be viewed starting at 10:30: https://kesko.events.inderes.com/2025-q4-tulokset