Kesko Corporation (OTCPK: KKOYF) H1 2025 Earnings Conference Call July 22, 2025 2:00 AM ET
Company Participants
Ari Akseli – President of Grocery Trade & Member of Group Management Board
Hanna Jaakkola – Vice President of Investor Relations
Johanna Ali – President of the Car Trade Division & Member of Group Management Board
Jorma Rauhala – President, CEO & Member of Group Management Board
Sami Kiiski – President of Building & Technical Trade Division and Member of Group Management Board
Conference Call Participants
Arttu Heikura – Inderes Corporation, Research Division
Fredrik Ivarsson – ABG Sundal Collier Holding Asa, Research Division
Maria Wikstrom – SEB, Research Division
Miika Ihamaki – DNB Carnegie, Research Division
Robert W. Joyce – BNP Paribas Exane, Research Division
Svante Krokfors – Nordea Markets, Research Division
Hanna Jaakkola
Dear all, welcome to Kesko’s Q2 2025 Release Call, and also welcome to warm Helsinki, at least virtually. Today’s headline is steady profit development, turnaround in construction cycle slower than previously anticipated, and it describes the Q2 and also our guidance update well. Our agenda today is the following: President and CEO, Jorma Rauhala, will give the Q2 presentation. We have here together with us our business division Presidents, Ari Akseli for Grocery Trade; Sami Kiiski for Building and Technical Trade; and Johanna Ali for Car Trade as well as CFO, Anu Hamalainen. After Jorma’s presentation, it is time for questions, both by phone and via chat function. All the materials related to Q2 can be found at our website, kesko.fi under Investors.
My name is Hanna Jaakkola, responsible for IR at Kesko. I will be at your service after the presentation for your questions and discussions. But now Jorma, the virtual stage is yours.
Jorma Rauhala
Thank you, Hanna. Ladies and gentlemen, welcome also on my behalf to this release call. I’m Jorma