Kesko Oyj (HEL:KESKOA)

Kesko Oyj Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	11,988	11,920	11,784	11,809	11,300	10,669
Revenue Growth (YoY)	2.33%	1.16%	-0.21%	4.50%	5.91%	-0.48%
Cost of Revenue	10,247	10,206	10,107	10,068	9,652	9,155
Gross Profit	1,741	1,714	1,677	1,742	1,648	1,514
Selling, General & Admin	1,070	1,052	1,003	1,003	982.2	966.3
Other Operating Expenses	-498.5	-507	-539.4	-540.8	-563.3	-487.5
Operating Expenses	1,149	1,116	994.7	951.3	899	963.9
Operating Income	591.9	598.8	682.1	790.2	749	550.1
Interest Expense	-133.9	-127.7	-98.3	-72.4	-76.1	-89.7
Interest & Investment Income	16.1	16	13.4	9.7	8.5	8.8
Earnings From Equity Investments	24.1	24.7	21.1	24.1	33.9	21.8
Currency Exchange Gain (Loss)	0.7	0.8	-1.4	1.5	2.4	-5.7
Other Non Operating Income (Expenses)	0.6	0.2	-	13.8	2.3	-3.1
EBT Excluding Unusual Items	499.5	512.8	616.9	766.9	720	482.2
Merger & Restructuring Charges	-	-	-	-	-5.4	-1.3
Impairment of Goodwill	-40	-40	-	-	-	-
Gain (Loss) on Sale of Investments	1	1	2.1	-3.7	-1.9	1.9
Gain (Loss) on Sale of Assets	9.1	10.5	0.5	0.3	1.8	55.8
Asset Writedown	-12.8	-12.8	-5.9	-2.4	-1.6	-10.9
Pretax Income	456.8	471.5	613.6	761.1	712.9	527.7
Income Tax Expense	89.1	92	118	151.2	141.1	92.3
Earnings From Continuing Operations	367.7	379.5	495.6	609.9	571.8	435.4
Net Income to Company	367.7	379.5	495.6	609.9	571.8	435.4
Minority Interest in Earnings	-0.6	-0.4	-	-	-	-2
Net Income	367.1	379.1	495.6	609.9	571.8	433.4
Net Income to Common	367.1	379.1	495.6	609.9	571.8	433.4
Net Income Growth	-22.26%	-23.51%	-18.74%	6.66%	31.93%	27.77%
Shares Outstanding (Basic)	398	398	398	397	397	397
Shares Outstanding (Diluted)	398	398	398	397	397	397
Shares Change (YoY)	0.05%	0.05%	0.08%	0.09%	0.09%	0.09%
EPS (Basic)	0.92	0.95	1.25	1.53	1.44	1.09
EPS (Diluted)	0.92	0.95	1.25	1.53	1.44	1.09
EPS Growth	-22.50%	-23.77%	-18.55%	6.25%	32.11%	27.35%
Free Cash Flow	424.8	516.8	510.3	562.8	912.6	948.5
Free Cash Flow Per Share	1.07	1.30	1.28	1.42	2.30	2.39
Dividend Per Share	0.900	0.900	1.020	1.080	1.060	0.750
Dividend Growth	-11.77%	-11.77%	-5.56%	1.89%	41.33%	19.05%
Gross Margin	14.52%	14.38%	14.23%	14.75%	14.58%	14.19%
Operating Margin	4.94%	5.02%	5.79%	6.69%	6.63%	5.16%
Profit Margin	3.06%	3.18%	4.21%	5.17%	5.06%	4.06%
Free Cash Flow Margin	3.54%	4.34%	4.33%	4.77%	8.08%	8.89%
EBITDA	804	806.2	866.1	959.2	920.4	720.3
EBITDA Margin	6.71%	6.76%	7.35%	8.12%	8.14%	6.75%
D&A For EBITDA	212.1	207.4	184	169	171.4	170.2
EBIT	591.9	598.8	682.1	790.2	749	550.1
EBIT Margin	4.94%	5.02%	5.79%	6.69%	6.63%	5.16%
Effective Tax Rate	19.50%	19.51%	19.23%	19.87%	19.79%	17.49%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.