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Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (17.12.2024)

Kesko Corporation has on 18 December 2024 received a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 17 December 2024, BlackRock, Inc.’s holding in Kesko Corporation fell below the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total of Total number of shares shares and voting both in % and voting rights of and rights (A + B) issuer

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (16.12.2024)

Kesko Corporation has on 17 December 2024 received a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 16 December 2024, BlackRock, Inc.’s holding in Kesko Corporation has exceeded the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and rights both issuer

Kesko Corporation: Correction to the disclosure concerning a notification in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act

Correction to Kesko Corporation’s disclosure issued on 13 December 2024 at 18.30 regarding a flagging notification from BlackRock, Inc. The disclosure stated that on 12 November 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, fell below the threshold of five (5) per cent of shares, whereas the correct statement is that on 12 December 2024 BlackRock, Inc.’s holding in Kesko Corporation fell below the threshold of five (5) per cent of shares. The rest of the information presented in the disclosure was correct. On 13 December 2024 Kesko

Kesko’s sales in November

Kesko’s sales grew by 1.4% in November. In comparable terms, sales decreased by 2.4%.”Kesko’s sales grew by 1.4% in November. Sales grew in building and technical trade, where building and home improvement trade sales were boosted by the Davidsen  acquisition. Sales also grew in car trade, while sales in grocery trade decreased. The number of delivery days was down by one for Kespro’s foodservice and for building and technical trade,” says Jorma Rauhala, Kesko’s President and CEO. Sales in the grocery trade division totalled €527.1 million in November, down by 1.9%. Sales to K Group

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (12.12.2024)

Kesko Corporation has on 13 December 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 12 November 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, fell below the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (26.11.2024)

Kesko Corporation has on 27 November 2024 received a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 26 November 2024, BlackRock, Inc.’s holding in Kesko Corporation exceeded the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and rights both issuer voting

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (19.11.2024)

Kesko Corporation has on 20 November 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 19 November 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, exceeded the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (15.11.2024)

Kesko Corporation has on 18 November 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 15 November 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, fell below the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (14.11.2024)

Kesko Corporation has on 15 November 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 14 November 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, has exceeded the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and

Kesko’s sales in October

Kesko’s sales increased by 6.2% in October, or by 2.2% in comparable terms.”Kesko’s sales grew by 6.2% in October. Sales grew in all divisions. In grocery trade, sales increased especially in Kespro’s foodservice business. In building and technical trade, sales in building and home improvement trade increased thanks to the Davidsen acquisition. In car trade, sales increased in all business areas. The number of delivery days was up by one in all divisions in October,” says Jorma Rauhala, Kesko’s President and CEO. Sales in the grocery trade division totalled €565.6 million in October, up

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (08.11.2024)

Kesko Corporation has on 11 November 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 8 November 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, fell below the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (07.11.2024)

Kesko Corporation has on 8 November 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 7 November 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, has exceeded the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and

Kesko updates its sustainability strategy

Kesko has updated its sustainability strategy, setting emission reduction targets for its own operations extending to 2034. Over the next 10 years, Kesko will be increasing its investments in energy efficiency and the electrification of transports in an effort to reduce emissions. In the updated strategy, Kesko has also placed increased focus on supply chain sustainability, water use and biodiversity.The Board of Directors of Kesko Corporation has approved an updated sustainability strategy for the company and its three business divisions. The focus areas of the updated strategy are climate

Kesko interim report 1.1.-30.9.2024: A turn for the better in building and technical trade

Financial performance in brief: 7-9/2024 · Group net sales in July-September totalled €3,026.6 million (€2,949.1 million); reported net sales grew by 2.6% while comparable net sales were down by 0.8%. · Comparable operating profit totalled €201.5 million (€208.1 million) · Operating profit totalled €202.1 million (€206.6 million) · Cash flow from operating activities totalled €285.6 million (€394.9 million) · Comparable earnings per share €0.34 (€0.38); reported earnings per share €0.35 (€0.37). 1-9/2024 · Group net sales in January-September totalled €8,

Kesko’s sales in September

Kesko’s sales increased by 1.9% in September, while decreasing by 2.0% in comparable terms.”Kesko’s sales grew by 1.9% in September. Sales increased in grocery trade and in building and technical trade. In the latter, sales in building and home improvement trade increased due to the Davidsen acquisition. Sales in car trade decreased. The number of delivery days in September was down by one year-on-year in grocery trade, and flat in Kespro and building and technical trade,” says Jorma Rauhala, Kesko’s President and CEO. Sales in the grocery trade division totalled €526.3 million in

Invitation to Kesko’s Q3 interim report briefing on Wednesday, 30 October 2024

A stock exchange release concerning Kesko's interim report for January-September 2024 will be published on Wednesday, 30 October 2024, at around 8.00 am (EET/EEST).A teleconference in English will be held at 9.00 am (EET/EEST). It will include a presentation by the President and CEO Jorma Rauhala, after which he and the Presidents of the three business divisions will be available for questions. The link to the teleconference is available at www.kesko.fi/report-centre 

Listing prospectus for Kesko’s EUR 300 million green notes available

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, SINGAPORE OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NOTES OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Kesko Corporation (“Kesko”) announced its decision to issue green notes of EUR 300 million on 25 September 2024 (the “Notes”). The Notes mature on 2 February 2030 and they carry annual interest of 3.500 percent. The issue price of the Notes is 99.317 percent. The

Kesko issues EUR 300 million green notes

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, SINGAPORE OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NOTES OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Kesko Corporation (“Kesko”) issues senior unsecured green notes of EUR 300 million (the “Notes”). The maturity of the Notes is approximately five years and four months and they mature on 2 February 2030. The Notes carry fixed annual interest of 3.500 percent. The issue

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (20.9.2024)

Kesko Corporation has on 23 September 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 20 September 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, fell below the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total of Total number of shares shares and voting both in % and voting rights of and

Composition of Kesko's Shareholders' Nomination Committee

Kesko's Shareholders' Nomination Committee comprises three members: two are appointed by Kesko’s largest shareholders, and the third is the Chair of Kesko’s Board of Directors. The right of nomination of members representing the shareholders belongs to those two shareholders whose share of votes conferred by all shares in Kesko is the largest according to the register of shareholders maintained by Euroclear Finland Ltd on 1 September preceding the Annual General Meeting. The two largest shareholders in Kesko on 1 September 2024 were K-Retailers' Association and Ilmarinen Mutual Pension

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (19.9.2024)

Kesko Corporation has on 20 September 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc. According to the notification, on 19 September 2024, BlackRock, Inc.’s holding in Kesko Corporation, including holding through financial instruments, reached the threshold of five (5) per cent of shares. According to the notification of BlackRock, Inc.: % of % of shares Total Total number of shares shares and voting of and voting rights of and

Kesko considers issuance of green notes

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, SINGAPORE OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NOTES OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Kesko Corporation (“Kesko”) is considering an issuance of euro-denominated senior unsecured green notes with an expected principal amount of EUR 300 million (the “Notes”). The potential Notes issue is expected to take place in the near future subject to market

Kesko signs a sustainability-linked loan with the Nordic Investment Bank

Kesko has signed a €150 million 7-year sustainability-linked loan with the Nordic Investment Bank (NIB), where the interest rate margin is tied to the attainment of certain sustainability targets set for greenhouse gas emissions and food waste. At the end of June 2024, more than half of all Kesko loans were sustainability-linked.The new loan will support Kesko’s ambition to minimise impact on the climate and nature through its own operations and its value chain. The loan’s interest rate margin is tied to three key performance indicators (KPIs) aligned with sustainability targets that are

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