Kesko Oyj Stock

Kesko Oyj provides trading sector services in Finland and internationally. The company has stores engaged in chain operations in the Nordic and Baltic countries, Russia, and Belarus.

Segments

The company operates in five segments: Kesko Food, Rautakesko, VV-Auto, Anttila, and Kesko Agro.

Kesko Food

The Kesko Food Segment is engaged in the grocery trade in Finland. The operations of K-food stores are based on the K-retailer business model. These stores form Kesko Food's K-citymarket, K-supermarket, K-market, and K-extra chains. In grocery wholesaling, Kesko Food’s subsidiary Kespro Ltd is a wholesaler in the Finnish HoReCa business.

Competition: Kesko Food’s competitors include S Group; Suomen Lähikauppa Oy; Lidl; Meiranova Oy; Metrotukku; and Heinon Tukku Oy.

Rautakesko

The Rautakesko Segment is engaged in the building and home improvement trade in Finland, Sweden, Norway, the Baltic countries, Russia, and Belarus. It manages and develops its retail chains K-rauta, Rautia, Byggmakker, Senukai, and OMA; and also B-to-B sales in its operating area. Rautakesko is responsible for the chains' concepts, marketing, sourcing and logistics services, store network, and for retailer resources in Finland. Rautakesko also acts as a retailer in Sweden, Estonia, Latvia, Lithuania, Belarus and Russia, and in Norway, where retailer entrepreneurs are also active.

Competition: Rautakesko’s competitors include Starkki, S Group, and Bauhaus in Finland; Bauhaus, Byggmax, DT Group (Beijer, Silvan and Cheapy), and local specialty stores in Sweden; Monter/Optimera (Saint Gobain), Maxbo, and Coop in Norway; Ehitus ABC (Saint Gobain), Bauhof, and Espak in Estonia; Depo DIY, Tapeks/Aile, and Kursi in Latvia; and Maxidom, Metrica, OBI, Castorama, and Leroy Merlin in Russia.

VV-Auto

The VV-Auto Segment imports and markets Volkswagen, Audi, and Seat passenger cars; and Volkswagen commercial vehicles in Finland. VV-Auto is also engaged in car retailing and provides after-sales services at its own outlets in the Greater Helsinki area and Turku. VV-Auto's subsidiary, Auto-Span Oy, imports Seat passenger cars and markets them in Finland, Estonia, and Latvia.

Anttila

The Anttila Segment is a home and specialty goods retailer in Finland. Anttila serves its customers at Anttila department stores, Kodin Ykkönen department stores for interior decoration and home goods, and through NetAnttila, which focuses on distance sales.

Kesko Agro

The Kesko Agro Segment purchases and sells agricultural inputs and machinery to agricultural entrepreneurs, and trades in grain in Finland and the Baltic countries.

Competition: Kesko Agro’s competitors include Agrimarket chain of Hankkija-Maatalous and Yrittäjien Maatalous, and Tractor trade: Valtra and Agritek in Finland; YARA, Farm Plant, Agrochema, Stokker, Tatoli, Agriland, and Taure in Estonia; YARA, Farm Plant, Latagra, Stokker, BFSC, Preiss, and Valtek in Latvia; and Olsen Baltic, Lytagra, Rovaltra, Dotnuvos, and De Laval in Lithuania.

Other Operating Activities

Konekesko: Konekesko is a service company specializing in the import and sales of construction and environmental machinery, trucks and buses, and recreational machinery. Konekesko arranges the manufacture of and sells Yamarin boats in Finland and exports them to various European countries and Russia. Konekesko operates in Finland, the Baltic countries, and Russia.

Sports trade – Intersport Finland: The K-Group's sports store chains are Intersport, Budget Sport and Kesport.

Furniture and interior decoration trade – Indoor: Indoor is a retailer of home furniture and interior decoration items, which operates in Finland and the Baltic countries. Its retail chains are Asko and Sotka.

Home technology trade – Musta Porssi: The Musta Porssi chain and Konebox.fi online store offer home technology products and services.

Shoe trade – KenkAkesko: The K-Group's specialist shoe stores are K-kenAä and Andiamo.

Competition

Machinery trade: The company's competitors include Otto Brandt, Marine Power (Brunswick), Suzuki Finland, SGN Group, Vator, Volvo CE Finland Oy (Rolac), Witraktor (Caterpillar), Rotator, Suomen Rakennuskone, Volvo, Scania, Veho, and Sisu-Auto in Finland; Baltem (Komatsu), Stokker, Intrac, Swecon, and Witractor in Estonia; Baltijos statybines masinos (Komatsu), Intrac, Stokker, Witractor, Technikos jega, Swecon, and Mastermann in Lithuania; and Intrac, Ladur, Komatsu, Witractor, and Swecon in Latvia.

Sports trade: The company's competitors include Sportia, Top Sport, Stadium, department stores and hypermarkets, and other specialty sports stores.

Dispositions

In March 2008, the company sold the share capital of Tähti Optikko Group Oy; and in April 2008, it sold the share capital of Kauko-Telko Ltd engaged in technical trade.