Kesko Oyj

HLSE:KESKOB Stock Report

Market Cap: €7.6b

Kesko Oyj Management

Management criteria checks 4/4

Kesko Oyj's CEO is Jorma Rauhala, appointed in Feb 2013, has a tenure of 12.67 years. total yearly compensation is €1.22M, comprised of 64.6% salary and 35.4% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth €4.89M. The average tenure of the management team and the board of directors is 5.8 years and 4.5 years respectively.

Key information

Jorma Rauhala

Chief executive officer

€1.2m

Total compensation

CEO salary percentage64.55%
CEO tenure12.7yrs
CEO ownership0.06%
Management average tenure5.8yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Kesko Oyj (HEL:KESKOB) Has Announced That Its Dividend Will Be Reduced To €0.22

Oct 28
Kesko Oyj (HEL:KESKOB) Has Announced That Its Dividend Will Be Reduced To €0.22

Kesko Oyj (HEL:KESKOB) Is Due To Pay A Dividend Of €0.23

Oct 08
Kesko Oyj (HEL:KESKOB) Is Due To Pay A Dividend Of €0.23

Kesko Oyj's (HEL:KESKOB) Dividend Will Be €0.23

Sep 24
Kesko Oyj's (HEL:KESKOB) Dividend Will Be €0.23

Kesko Oyj's (HEL:KESKOB) Dividend Will Be €0.23

Aug 26
Kesko Oyj's (HEL:KESKOB) Dividend Will Be €0.23

Returns On Capital At Kesko Oyj (HEL:KESKOB) Have Hit The Brakes

Aug 12
Returns On Capital At Kesko Oyj (HEL:KESKOB) Have Hit The Brakes

Kesko Oyj Just Missed EPS By 7.4%: Here's What Analysts Think Will Happen Next

Jul 25
Kesko Oyj Just Missed EPS By 7.4%: Here's What Analysts Think Will Happen Next

Kesko Oyj (HEL:KESKOB) Is Due To Pay A Dividend Of €0.23

Jul 24
Kesko Oyj (HEL:KESKOB) Is Due To Pay A Dividend Of €0.23

Kesko Oyj (HEL:KESKOB) Will Pay A Smaller Dividend Than Last Year

Jun 17
Kesko Oyj (HEL:KESKOB) Will Pay A Smaller Dividend Than Last Year

Kesko Oyj's (HEL:KESKOB) Shareholders Might Be Looking For Exit

May 23
Kesko Oyj's (HEL:KESKOB) Shareholders Might Be Looking For Exit

Kesko Oyj's (HEL:KESKOB) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 18
Kesko Oyj's (HEL:KESKOB) Shareholders Will Receive A Smaller Dividend Than Last Year

Kesko Oyj's (HEL:KESKOB) Dividend Will Be Reduced To €0.22

Apr 04
Kesko Oyj's (HEL:KESKOB) Dividend Will Be Reduced To €0.22

Here's Why Kesko Oyj (HEL:KESKOB) Can Manage Its Debt Responsibly

Mar 27
Here's Why Kesko Oyj (HEL:KESKOB) Can Manage Its Debt Responsibly

Slowing Rates Of Return At Kesko Oyj (HEL:KESKOB) Leave Little Room For Excitement

Dec 07
Slowing Rates Of Return At Kesko Oyj (HEL:KESKOB) Leave Little Room For Excitement

Kesko Oyj's (HEL:KESKOB) Share Price Not Quite Adding Up

Nov 21
Kesko Oyj's (HEL:KESKOB) Share Price Not Quite Adding Up

Kesko Oyj Just Recorded A 6.9% EPS Beat: Here's What Analysts Are Forecasting Next

Nov 02
Kesko Oyj Just Recorded A 6.9% EPS Beat: Here's What Analysts Are Forecasting Next

Kesko Oyj (HEL:KESKOB) Has A Somewhat Strained Balance Sheet

Oct 31
Kesko Oyj (HEL:KESKOB) Has A Somewhat Strained Balance Sheet

CEO Compensation Analysis

How has Jorma Rauhala's remuneration changed compared to Kesko Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

€379m

Mar 31 2025n/an/a

€367m

Dec 31 2024€1m€790k

€379m

Sep 30 2024n/an/a

€417m

Jun 30 2024n/an/a

€427m

Mar 31 2024n/an/a

€472m

Dec 31 2023€2m€434k

€496m

Sep 30 2023n/an/a

€524m

Jun 30 2023n/an/a

€561m

Mar 31 2023n/an/a

€591m

Dec 31 2022€2mn/a

€610m

Sep 30 2022n/an/a

€630m

Jun 30 2022n/an/a

€615m

Mar 31 2022n/an/a

€597m

Dec 31 2021€2mn/a

€572m

Sep 30 2021n/an/a

€524m

Jun 30 2021n/an/a

€544m

Mar 31 2021n/an/a

€477m

Dec 31 2020€1mn/a

€433m

Sep 30 2020n/an/a

€409m

Jun 30 2020n/an/a

€345m

Mar 31 2020n/an/a

€335m

Dec 31 2019€1mn/a

€328m

Compensation vs Market: Jorma's total compensation ($USD1.43M) is below average for companies of similar size in the Finnish market ($USD2.75M).

Compensation vs Earnings: Jorma's compensation has been consistent with company performance over the past year.

CEO

Jorma Rauhala (60 yo)

12.7yrs
Tenure
€1,223,201
Compensation

Mr. Jorma Rauhala, M.Sc. (Econ.), serves as President, Chief Executive Officer of Kesko Oyj since February 01, 2024 and served as its President of Building and Technical Trade since November 15, 2017. He h...

Leadership Team

NamePositionTenureCompensationOwnership
Jorma Rauhala
President12.7yrs€1.22m0.064%
€ 4.9m
Anu Hamalainen
Executive VP1.3yrsno data0.0030%
€ 230.0k
Ari Akseli
President of Grocery Trade & Member of Group Management Board7.9yrsno data0.036%
€ 2.7m
Matti Mettala
Executive VP of HR & Member of Group Management Board13yrsno data0.032%
€ 2.4m
Karoliina Partanen
EVP of Communications5yrsno data0.0089%
€ 678.5k
Lasse Luukkainen
EVP of Legal & Sustainability5.8yrsno data0.0091%
€ 696.0k
Sami Kiiski
President of Building & Technical Trade Division and Member of Group Management Board2.3yrsno data0.0061%
€ 467.6k
Johanna Ali
President of the Car Trade Division & Member of Group Management Board1.6yrsno data0.0011%
€ 85.3k
Arto Hiltunen
Chief Information Officer & VP of IT Management16.8yrsno datano data
Hanna Jaakkola
Vice President of Investor Relationsno datano datano data
Heikki Ala-Seppälä
Group Treasurerno datano datano data
Eva Kaukinen
VP of Accounting & Corporate Controllerno datano datano data
5.8yrs
Average Tenure
56yo
Average Age

Experienced Management: KESKOB's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Timo Olavi Ritakallio
Independent Deputy Chair4.5yrs€62.00k0.0015%
€ 111.2k
Esa Kiiskinen
Chairman of the Board16.6yrs€122.00k0.12%
€ 9.1m
Jannica Fagerholm
Independent Director9.5yrs€79.80k0.0033%
€ 249.0k
Tiina Alahuhta-Kasko
Independent Directorless than a yearno datano data
Piia Karhu
Independent Director7.5yrs€60.20k0.0017%
€ 129.5k
Jussi Perala
Director4.5yrs€56.60k0.059%
€ 4.5m
Pauli Jaakola
Director1.6yrs€55.40k0.046%
€ 3.5m
4.5yrs
Average Tenure
55yo
Average Age

Experienced Board: KESKOB's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/28 18:20
End of Day Share Price 2025/10/28 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kesko Oyj is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Anna SchumacherBNP Paribas Exane
Robert JoyceBNP Paribas Exane