These are definitely the kind of figures a long-term Kesko shareholder is happy to see!
Kesko’s sales grew by 6% in July, and the growth was entirely organic, especially in the Building and Technical Trade division.
- Grocery trade sales rose by 4%, and consumer sales grew by 5%, which strengthens the company’s competitive position and forecasted earnings growth.
- Building and technical trade sales grew by 7%, and Onninen’s sales rose by 11%, marking the fifth consecutive month of double-digit growth.
- Car trade sales rose by 11%, and the realization of Kesko’s order backlog has begun, which suggests gains in market share.
Kesko’s July performance stronger than our expectations - Inderes