Kesko's home improvement division grows by 3.7 per cent

The building and home improvement trade division of Finland's Kesko Group achieved total sales of EUR 2.3772 bn in 2022. This is an increase of 3.7 per cent compared to the previous year, or 2.0 per cent like-for-like and in constant currency. In Finland, divisional sales increased by 4.5 per cent to EUR 1.1267 bn (like-for-like +4.6 per cent). In Sweden, the K-Rauta sales division lost 5.7 per cent (EUR 189.1 mio, adjusted -1.2 per cent), but the K-Bygg sales division gained 18.9 per cent (EUR 352.8 mio, adjusted +5.8 per cent). In Norway, Byggmakker's turnover was the equivalent of EUR 711.4 mio, down 1.3 per cent (adjusted: -2.3 per cent).