Kesko - Retail sector expert

Below you can find Arttu’s preview, as Kesko reports its Q1 results on Wednesday, April 29th. :slight_smile:

Kesko’s sales developed quite well in Q1, on the back of which we estimate the group’s result to have risen from the comparison period. We also expect the company to reiterate its guidance pointing towards earnings growth. Alongside the numbers, we will follow Kesko’s outlook with particular interest on the results day. In connection with the comment, we updated our forecasts to reflect the sales figures and added a touch of caution to growth expectations, but on Kesko’s scale, the changes at the annual level were marginal.

3 Likes