- Kesko’s comparable sales increased by 0.8% in November.
- Sales from continuing operations reached €1.05 billion.
- Positive developments in K Group grocery stores and Onninen Finland seen in Q3 continued in November, even after adjusting for the calendar effect.
- In the car trade, there was growth in sales of used cars, while sales of new cars and services decreased.
- A reduction of one delivery day year-on-year in all divisions impacted sales by approximately 2-4 percentage points depending on the division.
- Grocery trade division sales totalled €538.5 million in November, marking a 2.2% increase.
- Analyst recommendations include 6 ‘buys,’ 2 ‘holds,’ and no ‘sells.’
A look at Kesko OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Kesko OYJ shows a promising long-term outlook for investors. With a strong Dividend score of 4 and a Momentum score of 4, the company demonstrates stability and growth potential. Additionally, its Value, Growth, and Resilience scores all sit at a respectable level of 3. This indicates that Kesko OYJ is well-positioned to provide consistent returns to shareholders while also showing potential for expansion in the future. Overall, investors may find Kesko OYJ to be a solid investment choice in the retail and wholesale sector.
Kesko OYJ, operating wholesale and retail stores, offers a wide range of trading sector services, including hardware, home improvement goods, automotive products, and sporting goods. With a balanced Smartkarma Smart Scores profile, Kesko OYJ is perceived to have a stable financial standing and growth opportunities. Investors looking for a reliable company with a demonstrated track record in the market may consider Kesko OYJ as a potential addition to their investment portfolio.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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