Brief: Kesko Proposes Dividend Of EUR 0.90 Per Share

Kesko

05/02/2025 06:01

Feb 5 (Reuters) - Kesko Oyj  KESKOB.HE :
    * PROPOSES A DIVIDEND OF EUR 0.90 PER SHARE, PROPOSED TO BE
PAID
IN FOUR INSTALMENTS
    * OPERATING ENVIRONMENT IS ESTIMATED TO IMPROVE IN 2025, BUT
TO
STILL REMAIN SOMEWHAT CHALLENGING
    * COMPARABLE OPERATING PROFIT IS ESTIMATED TO IMPROVE IN
2025.
    * ESTIMATES THAT ITS COMPARABLE OPERATING PROFIT IN 2025
WILL
AMOUNT TO EUR 640-740 MILLION
    * KEY UNCERTAINTIES IMPACTING OUTLOOK ARE DEVELOPMENTS IN
CONSUMER
CONFIDENCE, INVESTMENT APPETITES, GEOPOLITICAL CRISES AND
TENSIONS.
    * IN CAR TRADE, MARKET FOR NEW CARS IS EXPECTED TO STAY AT A
LOW
LEVEL
    * TOWARDS END OF YEAR, WE WITNESSED A TURNAROUND, AS OUR
QUARTERLY
RESULT IMPROVED FOR FIRST TIME IN EIGHT QUARTERS IN Q4

Source text:  ID:nWkr700zmr 
Further company coverage:  KESKOB.HE 

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