Kesko Oyj (HEL:KESKOB)

Kesko Oyj Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	12,475	11,920	11,784	11,809	11,300
Revenue Growth (YoY)	4.65%	1.16%	-0.21%	4.50%	5.91%
Cost of Revenue	10,666	10,206	10,107	10,068	9,652
Gross Profit	1,808	1,714	1,677	1,742	1,648
Selling, General & Admin	911.9	1,052	1,003	1,003	982.2
Other Operating Expenses	-313.6	-507	-539.4	-540.8	-563.3
Operating Expenses	1,197	1,116	994.7	951.3	899
Operating Income	611.8	598.8	682.1	790.2	749
Interest Expense	-139	-127.7	-98.3	-72.4	-76.1
Interest & Investment Income	14.9	16	13.4	9.7	8.5
Earnings From Equity Investments	23.9	24.7	21.1	24.1	33.9
Currency Exchange Gain (Loss)	-1.2	0.8	-1.4	1.5	2.4
Other Non Operating Income (Expenses)	-	0.2	-	13.8	2.3
EBT Excluding Unusual Items	510.4	512.8	616.9	766.9	720
Merger & Restructuring Charges	-	-	-	-	-5.4
Impairment of Goodwill	-	-40	-	-	-
Gain (Loss) on Sale of Investments	-	1	2.1	-3.7	-1.9
Gain (Loss) on Sale of Assets	-	10.5	0.5	0.3	1.8
Asset Writedown	-	-12.8	-5.9	-2.4	-1.6
Pretax Income	510.4	471.5	613.6	761.1	712.9
Income Tax Expense	105.5	92	118	151.2	141.1
Earnings From Continuing Operations	404.9	379.5	495.6	609.9	571.8
Net Income to Company	404.9	379.5	495.6	609.9	571.8
Minority Interest in Earnings	-0.7	-0.4	-	-	-
Net Income	404.2	379.1	495.6	609.9	571.8
Net Income to Common	404.2	379.1	495.6	609.9	571.8
Net Income Growth	6.62%	-23.51%	-18.74%	6.66%	31.93%
Shares Outstanding (Basic)	396	398	398	397	397
Shares Outstanding (Diluted)	396	398	398	397	397
Shares Change (YoY)	-0.41%	0.05%	0.08%	0.09%	0.09%
EPS (Basic)	1.02	0.95	1.25	1.53	1.44
EPS (Diluted)	1.02	0.95	1.25	1.53	1.44
EPS Growth	7.37%	-23.77%	-18.55%	6.25%	32.11%
Free Cash Flow	879.7	516.8	510.3	562.8	912.6
Free Cash Flow Per Share	2.22	1.30	1.28	1.42	2.30
Dividend Per Share	-	0.900	1.020	1.080	1.060
Dividend Growth	-	-11.77%	-5.56%	1.89%	41.33%
Gross Margin	14.50%	14.38%	14.23%	14.75%	14.58%
Operating Margin	4.90%	5.02%	5.79%	6.69%	6.63%
Profit Margin	3.24%	3.18%	4.21%	5.17%	5.06%
Free Cash Flow Margin	7.05%	4.34%	4.33%	4.77%	8.08%
EBITDA	837.3	806.2	866.1	959.2	920.4
EBITDA Margin	6.71%	6.76%	7.35%	8.12%	8.14%
D&A For EBITDA	225.5	207.4	184	169	171.4
EBIT	611.8	598.8	682.1	790.2	749
EBIT Margin	4.90%	5.02%	5.79%	6.69%	6.63%
Effective Tax Rate	20.67%	19.51%	19.23%	19.87%	19.79%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.