Kesko Group reported that its sales in August totalled 1.105 billion euros, an increase of 3.1% excluding VAT. Kesko's sales increased 0.2% in comparable terms. Sales for the grocery trade division totalled 566.8 million euros in August, flat year-on-year. Sales for the building and technical trade division totalled 419.6 million euros, up 4.8%. In comparable terms, division sales decreased by 2.6%.
"Sales for the building and technical trade division decreased in technical trade, while in in building and home improvement trade, sales increased underpinned by acquisitions. In the car trade division, sales increased in new and used cars and inservices," said Kesko's President and CEO Jorma Rauhala.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.