K-ryhmä's Q2 profit rose with technical trade as driver
Net sales grew 4.2% to €3,379M, operating profit increased to €194M, and the Dahl acquisition for €1.2B was announced.
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Multinational retail group for grocery, building, and automotive trade
kesko.fiLast updated
In short: K-ryhmä reported improved financial performance in early 2026, driven by technical trade growth and a major €1.2B acquisition of Dahl.
Net sales grew 4.2% to €3,379M, operating profit increased to €194M, and the Dahl acquisition for €1.2B was announced.
Net sales grew 6.5% in H1, driven by building and technical trade, with comparable operating profit rising to €296.1 million.
The deal valued at €1.2 billion debt-free strengthens technical trade position in the Nordics.
The 2027 calendar includes financial statements release on 3 Feb, interim reports, and AGM on 23 March.
Kesko Q2 earnings: GAAP EPS €0.32, revenue $3.38B (+6% YoY) with a €470M miss; operating profit €0.19B and 5.7% margin.
Kesko's result improved in January–June. The company also increased its turnover to 6.4 billion euros, which is 6.5 percent more than a year earlier.
The fierce battle between Kesko and S Group in the grocery store is vital for consumers. Kesko's earnings release revealed a shift in direction, writes news editor Seija Holtari.
Helsinki-listed Kesko falls 10 percent after announcing the acquisition of the Swedish technology and plumbing distributor Dahl for a multi-billion amount.
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