Kesko Oyj Reports Mixed Financial Results for Q2 2025

HELSINKI — Finnish consumer staples company Kesko Oyj has released its financial results for the second quarter of 2025, revealing a mixed performance. The company reported a rise in its bottom line, with earnings totaling EUR 117.1 million, or EUR 0.29 per share, compared to EUR 105 million, or EUR 0.26 per share, in the same period last year. This increase in earnings reflects a positive trend in Kesko’s financial health.

Revenue for the quarter rose by 3.1% to EUR 3.188 billion from EUR 3.093 billion in the previous year, indicating steady growth in sales. However, the company’s adjusted operating profit was slightly below expectations. Kesko reported an adjusted operating profit of EUR 177.9 million, which was 3.5% lower than anticipated by analysts. This figure was slightly below the consensus estimate of EUR 182 million from Infront’s analyst compilation.

Despite the revenue growth, Kesko’s half-year financial report highlighted a slower-than-expected turnaround in the construction cycle, which has impacted profit development. The company’s net sales for April to June totaled EUR 3,188.8 million, with reported net sales growing by 3.1% and comparable net sales by 1.3%. The comparable operating profit was EUR 176.7 million, a slight decrease from the previous year’s EUR 178.3 million.

Looking ahead, Kesko has adjusted its outlook, reflecting the challenges in the construction sector. The company will present its quarterly results in a financial conference on July 22, 2025, where analysts expect an EPS of EUR 0.311, up from EUR 0.260 in the same quarter last year. Revenue projections for the quarter are around EUR 3.19 billion.

Kesko Oyj, listed on NASDAQ OMX Helsinki Ltd, operates in the consumer staples distribution and retail sector, offering a wide range of services including hardware, home improvement, and wholesale services. With a market capitalization of EUR 8.15 billion and a price-to-earnings ratio of 22.2, Kesko remains a significant player in the Finnish market.

As the company navigates the challenges in the construction sector, stakeholders will be closely monitoring its strategies to sustain growth and profitability in the coming quarters.