Kesko reports 4.8% sales increase in September

Finnish retailer Kesko reported a 4.8% increase in sales for September compared to the previous year, reaching €1.2 billion. The growth was primarily driven by strong performance in the car trade and technical trade divisions. Sales in the car trade division surged by 12.3%, reaching €128.1 million, with an additional 9.9% increase.

However, sports trade sales decreased by 3.5% to €16.9 million. In the technical trade, sales rose by 8.7% to €260.2 million, and the building and home improvement trade grew by 2.5% to €263.9 million, marking an overall 6.5% increase. On a comparable basis, the company reported a 4.3% growth, and the company's president and CEO, Jorma Rauhala, confirmed sales growth in all three divisions.