Finland-based retailer Kesko has reported a 6.6% rise in half-year revenue, buoyed by rising grocery sales.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company said today (14 July) that first-half turnover reached EUR4.9bn (US$7.8bn) with sales from its Kesko Food unit up 5.4% to EUR1.99bn. Kesko did not give half-year profit figures.
In April, the group’s said first-quarter earnings had slumped 37% due to falling grocery margins and a revamp of its food retail stores, despite rising sales.
