- Kesko’s comparable sales in September increased by 6.1%.
- Total sales from continuing operations amounted to €1.14 billion.
- All three business divisions experienced sales growth:
- Grocery Trade Division: Sales to K Group grocery stores rose by 4.9%, while Kespro’s sales increased by 2.3%.
- Building and Technical Trade Division: Sales increased in comparable terms across all the countries where the division operates.
- Car Trade Division: There was an increase in sales of both new and used cars, as well as in car-related services.
- Analyst recommendations include 6 buys, 3 holds, and 0 sells for Kesko’s stock.
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
Analysts using Smartkarma Smart Scores have provided an overall outlook for Kesko OYJ based on various factors. The company scores moderately well across different areas, with a solid dividend score of 4 indicating a good potential for dividend payouts to investors. In terms of value, growth, resilience, and momentum, Kesko OYJ scores in the middle range, showing stability and a balanced performance in these areas.
Kesko OYJ, a company primarily involved in wholesale and retail operations, has a diversified business model that spans across various sectors such as hardware and builders’ supplies, home improvement trade, delivery sales, and sporting goods. While the Smart Scores indicate a mixed outlook, Kesko OYJ‘s solid dividend score and diversified business operations could position it well for long-term growth and stability within 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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