Kesko Corporation issues a positive profit warning and provides preliminary information on its second-quarter net sales and comparable operating profit
Kesko raises its guidance for the comparable operating profit for its continuing operations, issued in connection with the company’s interim report on 28 April 2020. Kesko now estimates that the comparable operating profit for its continuing operations will be in the range of €430-510 million in 2020. Before, the company estimated that the comparable operating profit for continuing operations would be in the range of €400-450 million.In the second quarter of 2020, net sales for continuing operations totalled approximately €2,815 million (Q2/2019: €2,781.4 million) and the comparable