Kesko Group’s sales in February 2016 totalled 656.8 million EUR. In comparable terms excluding Anttila, sales increased by 5.6 percent in local currencies. “In February, Kesko’s sales increased in all strategic growth areas: the grocery trade, the building and home improvement trade, and the car trade,” says Kesko’s President and CEO Mikko Helander. (more…)
Kesko’s net sales last year were 8,679 million EUR, excluding Anttila they remained at the level of the previous year. Sales of groceries suffered from declining prices. ”We can be satisfied when we take account of the continued weak trend in the purchasing power of the main market area in Finland, says President and CEO Mikko Helander. […]
Kesko – followed by H&M – are the most sustainable corporations in the world. This according to the Global 100-list presented at the World Economic Forum in Davos on Thursday. (more…)
Kesko Group’s sales in December 2015 totalled 781.8 million EUR. In comparable terms excluding Anttila, sales increased by 3.0 percent in local currencies. “In December, Kesko’s sales increased in all divisions, especially in the car trade and the home improvement and speciality goods trade. Sales grew also in the grocery trade, although prices continued to decline further,” […]
Kesko buys buildingware giant provider Onninen and increases its B2B-sales signficantly. ”We will gain lots of new, top notch expertise and expand into new product lines and new customer groups,” says Kesko’s President and CEO Mikko Helander. (more…)
Kesko’s sales increased in November by 1.7 percent in local currencies. “Kesko’s sales increased particularly in Finland in the building and home improvement trade and in sports trade. In the grocery trade, sales were at the level of the previous year and the general decline in prices continued”, says Kesko’s President and CEO Mikko Helander. In Kesko’s grocery […]
Finnish grocery market just lost an alternative. The small store specialist Suomen Lähikauppa Oy with 643 Valintatalo and Siwa stores with 6.8 percent of the market will now become a part of Kesko. ”Suomen Lähikauppa has excellent business locations and the acquisition will enable us to implement our strategy faster than planned and with significantly […]
Kesko’s fighting the price downturn in Finland, but does better on other markets. Total sales in August increased by 0.6% in local currencies, excluding Anttila. “Kesko’s sales continued to increase in August despite the challenging market situation. Sales development was particularly strong in the home improvement and speciality goods trade outside Finland, where the growth […]
Kesko’s suffering from lower grocery prices – but the speciality goods trade is increasing on all markets. ”We are particularly pleased with the strong development in the building and home improvement trade,” says CEO Mikko Helander about July. (more…)
Kesko Group’s sales in June 2015 totalled 765.8 million EUR. Excluding Anttila, sales increased by 1.2 percent in local currencies. But the grocery trade went down 1.7 percent. ”Given the circumstances, the sales of the grocery trade in June were strong,” comments CEO Mikko Helander. (more…)
Kesko’s launching a massive strategy turn to gain profitable growth. Board of Directors points out three strategic areas: the grocery trade, the building and home improvement trade and the car trade. “In the future, Kesko will operate as a unified K-Group more strongly than before and a new strong corporate identity, expressed through a revised K […]
Kesko sets up a joint real estate investment company with AMF Pensionsförsäkring and Ilmarinen. The new company Ankkurikadun Kiinteistöt immediately acquires 34 store sites and shopping centres Merituuli in Espoo, Karisma in Lahti and Veturi in Kouvola. (more…)
Kesko will soon launch its new strategy – and improved its profit during the first three months of 2015. ”The divestment of Anttila will significantly improve Kesko’s profitability,” ,” says President and CEO Mikko Helander. (more…)
Kesko divests the troubled home and furniture chain Anttila with 23 department stores to the German investment fund 4K Invest. ”A good basis for the development of Anttila’s operations,” says Kesko President Mikko Helander. (more…)
The newly appointed CEO of retail chain giant Kesko, Mikko Helander, says Finnish food industry and agriculture would be in for difficult times if more foreign discount supermarket chains start appearing on the Finnish market with own-branded products. “The agricultural sector would be lost if we did not have, for example, Valio, Fazer, Raisio, and […]
Kesko did not reach the market expectations for 2014. “A good result in a difficult situation”, says CEO Mikko Helander. Also K-Rauta and Byggmakker operations in Sweden and Norway loses sales. (more…)
Shopping mall giant Itis and the retail park at Helsinki east centre is about to get more company. Kesko plans for a new supermodern Citymarket – and a new shopping centre. ”Enterprises and customers will be able to shop both physically and virtually in the centre,” says Kesko’s President and CEO Mikko Helander. (more…)
Kesko will strengthen its local presence in Finland. Thus, the organization will be decentralized by hiring more regional chain managers and make them more independent and entrepreneurial. Here are the new District Directors. (more…)
Former Metsä Group executive Mikko Helander is the new managing director, president and CEO of Kesko. He will take over from outgoing managing director and president Matti Halmesmaki in January 2015, writes Yle. It’s the first time that Kesko has appointed a CEO and president from outside the company. Kesko chairman Esa Kiiskinen praises Helander’s […]
