Kesko posts 3.5% growth in net group sales

Source: Kesko Group, Friday, Feb 8, 2019

Finnish retailer Kesko has announced a 3.5% growth in group net sales to EUR10.38. Comparable group operating profit was EUR332.2 million, versus EUR296.2 million in the prior year. Net sales growth in the grocery trade totalled 2.0%, weakened by the transfer of stores acquired with Suomen Lähikauppa to retailers. In comparable terms, net sales increased by 5.1%.