Kesko continues the implementation of its successful growth strategy, updates financial targets
The Board of Directors of Kesko Corporation has confirmed an updated version of the company’s strategy, and has set new medium-term financial targets for the company. The strategy centres on profitable growth in three selected business divisions: grocery trade, building and technical trade, and car trade. The new medium-term financial targets for profitability are a comparable operating margin of over 6.0% (previously 5.5%) and a comparable return on capital employed of over 14.5% (previously 12.5%).“Kesko is one of the leading retail companies in Northern Europe. Our growth strategy,