Kesko October Sales Slip 0.2% as Grocery Trade Falls and Technical Trade Grows

Kesko Group sales in October 2026 totalled €1,200.2 million, a decrease of 0.2% from a year earlier and 0.8% in comparable terms, news.cision.com reported. The Finnish retail and wholesale group operates grocery, building and technical trade, and car trade divisions.

Kesko's October Division Sales

Grocery trade sales totalled €575.0 million in October, down 1.9%. Sales to K Group grocery stores decreased 2.3%, while sales in K-Citymarket's home and speciality goods trade increased. Kespro's sales decreased 5.0%.

Building and technical trade sales totalled €500.7 million, up 1.9% and 0.3% in comparable terms. Building and home improvement trade fell 2.0% in comparable terms, and technical trade rose 3.1% in comparable terms. In comparable terms, division sales increased 1.9% in Finland, 2.9% in Denmark and 5.2% in Poland, and decreased 5.6% in Sweden and 0.7% in Norway.

Car trade sales totalled €127.4 million, an increase of 0.2%. Car trade businesses grew 1.9%, with sales up in new cars and services and at last year's level in used cars. Sports trade sales decreased 9.1%.

"The number of delivery days was down by one year-on-year in Kespro and in building and technical trade in all operating countries," says Kesko's President and CEO Jorma Rauhala. "In car trade, sales for the car trade businesses increased by 1.9%."

Kesko's Dahl Deal and Funding

Kesko agreed in June 2026 to acquire Dahl's technical trade operations in Sweden, Norway and Denmark from Saint-Gobain for €1,200 million, or €1.518 billion including lease commitments, according to akta.pro company records. The acquired businesses generated €2,068 million in net sales in 2025.

The same records show Kesko announced a €500–700 million share issue to fund the acquisition. Kesko's net sales for full year 2025 were €12,474.7 million, up 2.3% year-over-year.

Kesko's Earlier Deals and Launches

Kesko acquired Dahl in Sweden and the Brødrene Dahl companies in Norway and Denmark from Saint-Gobain for €1.2 billion, news.cision.com reported on November 2, 2026. The deal was financed by bridge financing and adds €2.1 billion in net sales.

On November 4, 2026, The future of trading reported that Kesko plans to open a new K-Supermarket in Hämeenlinna's Poltinaho district in early 2028, depending on timely completion of municipal street and traffic infrastructure included in the 2027 budget.

On November 12, 2026, Talouselama reported that Kesko is entering price competition in food retail and expanding into construction retail after acquiring Dahl, according to CEO Esa Kiiskinen.

Kesko's Next Scheduled Update

Kesko publishes advance information on the retail sales of K Group stores quarterly in connection with interim reports, the company said.