Revenue

Kesko's revenue growth in the last quarter has been driven by a significant increase in demand for technical trade products, which has been a key driver of the company's overall performance. This growth can be attributed to the company's strong market position and ability to adapt to changing consumer needs. However, the grocery trade segment has shown a more modest growth rate, which may be due to increased competition and price pressure in the market. Looking ahead, Kesko's revenue is expected to continue growing, driven by the company's strategic focus on digitalization and its efforts to improve operational efficiency. Despite some headwinds in the grocery trade segment, Kesko's diversified business model and strong market position are expected to support its revenue growth in the coming quarters.

The realised revenue for Q2 2026 is 3379.1 million Euros, and the predicted revenue for Q2 2027 (e) is 3494.0 million Euros. The revenue is expected to increase by 114.9 million Euros, which is a 3.4% change from the realised value to the predicted value. The revenue is expected to increase by 1.572 million Euros from 2025 to 2026, which is a 12.5% change. From 2026 to 2027, the revenue is predicted to increase by 1.194 million Euros, representing a 9.1% change. The annual revenue values are 12.474 million Euros in 2025, 13.046 million Euros in 2026, and 13.441 million Euros in 2027.

Ebit

Kesko's EBIT profitability has demonstrated a notable improvement, driven primarily by the technical trade segment, which has shown significant growth. This uptick in profitability can be attributed to the company's ability to adapt to changing market conditions, particularly in the face of economic uncertainty and heightened competition. The technical trade segment's performance has been a key driver of Kesko's overall profitability, with the company's operating margin increasing as a result. However, it is worth noting that the company's profitability has been influenced by various factors, including the impact of IFRS 16 on its financial statements. Overall, Kesko's EBIT profitability has shown a positive trend, reflecting the company's efforts to optimize its operations and navigate the complexities of the market.

The realised Ebit for Q2 2026 is 191.0 million Euros, while the predicted Ebit for Q2 2027 (e) is 183.5 million Euros. The expected change in Ebit from Q2 2026 to Q2 2027 (e) is a decrease of 7.5 million Euros, which translates to a percentage decrease of approximately 3.9%. The expected change in Ebit from 2025 to 2026 is 15 million Euros, representing a 2.4% increase. From 2026 to 2027, the expected change is a decrease of 34.8 million Euros, or a 5.4% drop. The annual Ebit values are 631.4 million Euros in 2025, 646.3 million Euros in 2026, and 611.5 million Euros in 2027.

Profit befor tax

The profit before tax in Q2 2026 is 161.1 million Euros, and the predicted profit before tax in Q2 2027 (e) is 183.5 million Euros. The expected change in profit before tax from Q2 2026 to Q2 2027 (e) is 22.4 million Euros, which represents a 13.9% increase. The change in Profit before tax from 2025 to 2026 is 73.1 million Euros, representing a 14.3% increase. The change from 2026 to 2027 is 28.0 million Euros, a 4.8% increase. The annual values for Profit before tax are 510.4 million Euros in 2025, 583.5 million Euros in 2026, and 611.5 million Euros in 2027.

Profit

The realised profit for Q2 2026 is 129.2 million Euros, while the predicted profit for Q2 2027 (e) is 146.8 million Euros. The expected change in profit from Q2 2026 to Q2 2027 (e) is 17.6 million Euros, which represents a 13.6% increase. The profit is expected to increase by 62.4 million Euros from 2025 to 2026, which is a 15.4% change. From 2026 to 2027, the profit is expected to increase by 22.1 million Euros, a 4.7% change. The annual profit values are 404.9 million Euros in 2025, 467.3 million Euros in 2026, and 489.2 million Euros in 2027.