KESKO

A group of retailer associations has increased its combined voting power in Finnish retailer Kesko Oyj to just over 20%, the company disclosed in a regulatory filing on Friday.

Finnish retailer Kesko Oyj reported a 6.9% rise in October sales to 1.2 billion euros, with growth across all its business divisions.

Finnish retailer Kesko Oyj narrowed its full-year profit forecast on Thursday, citing a persistent slowdown in the construction market that is weighing on its building and technical trade division.

Finnish retailer Kesko Oyj said its July sales rose 7.9% to 1.05 billion euros, driven by a boom in its car trade division that offset continued weakness in its construction-related business.

Finnish retailer Kesko Oyj on Tuesday lowered its full-year profit guidance, citing a slower-than-expected recovery in the construction market which is weighing on its building and technical trade division.

Finnish retail conglomerate Kesko Oyj has completed its acquisition of Danish builders' merchant Tømmergaarden A/S, marking the finalization of three strategic Danish acquisitions.