Brief: Kesko Q2 Adjusted EBIT EUR 194 Mln, In Line With Estimate
BRIEF-Kesko Q2 Adjusted EBIT EUR 194 Mln, In Line With Estimate July 22 (Reuters) - Kesko Oyj KESKOB.HE:
Q2 ADJUSTED EBIT MARGIN 5.7%
Q2 SALES EUR 3,379.1 MILLION VERSUS. ESTIMATE EUR 3,367.4 MILLION
Q2 ADJUSTED EPS EUR 0.32
Q2 ADJUSTED PRETAX PROFIT EUR 162.1 MILLION
Q2 EPS EUR 0.32
Q2 EBIT EUR 191 MILLION
Q2 ADJUSTED EBIT EUR 194 MILLION VERSUS. ESTIMATE EUR 194.2 MILLION
OPERATING ENVIRONMENT IS ESTIMATED TO IMPROVE IN 2026, BUT TO STILL REMAIN SOMEWHAT CHALLENGING
2026 OUTLOOK: COMPARABLE OPERATING PROFIT IS ESTIMATED TO IMPROVE IN 2026
OUTLOOK FY ADJUSTED EBIT EUR 670-730 MILLION
MARKET DEMAND HAS PICKED UP IN, FOR EXAMPLE, INDUSTRIAL PROJECTS AND INFRASTRUCTURE CONSTRUCTION, BUT HAS REMAINED MUTED IN NEW HOUSING CONSTRUCTION
MARKET SHARE GROWTH WAS THE STRONGEST IN OUR K-SUPERMARKET CHAIN, WHICH OPERATES IN THE LARGEST SEGMENT IN FINNISH GROCERY TRADE
GRADUAL RECOVERY IN THE CONSTRUCTION CYCLE CONTINUED IN ALL OUR OPERATING COUNTRIES
MARKET DEMAND HAS PICKED UP IN INDUSTRIAL PROJECTS AND INFRASTRUCTURE CONSTRUCTION, BUT HAS REMAINED MUTED IN NEW HOUSING CONSTRUCTION
Source text: ID:nWkrbt6zxV
Further company coverage: KESKOB.HE
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