Here are Arttu’s comments on Kesko’s September. ![]()
Kesko’s sales grew by 5% in September. The growth was entirely organic and driven by each of the company’s main divisions. Growth was strongest in the Car Trade and Building and Technical Trade, whose performance has been particularly strong recently. The Group’s performance in September and Q3 was slightly stronger than our expectations, but its impact on our full-year forecasts for the Group is very moderate. Thus, the Q3 outcome does not in itself significantly alter our forecasts. In the coming days, we will re-examine especially our forecasts for Technical Wholesale for the rest of the year and next year, as we estimate that the company’s order intake has continued to remain strong, driven particularly by infrastructure construction and data centers.