- Kesko’s sales from continuing operations reached €1.20 billion in October.
- There was a 3.4% increase in comparable sales across all operations.
- Sales grew in every division of the company.
- In the grocery trade division, sales to K Group grocery stores rose by 4.7%, while Kespro’s sales grew by 1.0%.
- The building and technical trade division saw an increase in sales for both the building and home improvement trade, as well as the technical trade.
- In the car trade division, sales decreased for new cars but increased for used cars and services.
- The number of delivery days in October remained the same as the previous year across all divisions.
- The outlook includes 6 buy recommendations, 2 hold recommendations, and no sell recommendations.
A look at Kesko OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
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
Analyzing the Smartkarma Smart Scores for Kesko OYJ, the long-term outlook seems stable. The company scores moderately across various factors, indicating a balanced performance. With a Value score of 3, Kesko OYJ appears fairly valued in the market. Its Dividend score of 4 reflects a good payout to investors. In terms of Growth and Resilience, both scoring 3, the company shows steady prospects and business strength. However, with a Momentum score of 2, Kesko OYJ may be experiencing slightly slower market traction but remains resilient overall.
Kesko OYJ, a company involved in wholesale and retail operations, maintains a diversified portfolio of services including hardware, home improvement, interior decoration, delivery sales, and sporting goods, among others. The Smartkarma Smart Scores suggest a company with a solid foundation and a focus on providing value to its stakeholders through dividends and steady growth, despite facing some momentum challenges in the market.
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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