Core analysis

Core analysis

  • Submitted By: arthur315
  • Date Submitted: 11/26/2015 10:41 AM
  • Category: Business
  • Words: 3174
  • Page: 13

Core Context Overview Ratios And Evaluation Finance Essay

26/11/2015 18:39

Core Context Overview Ratios And Evaluation
Finance Essay
Kesko Corp is a diversified retail business headquartered in Helsinki, Finland. Founded in 1940, it deals with food trading, logistics,
data and network management, building and home improvement alongside agricultural supplies, car and machinery trading.
Apart from Finland, the company operates through subsidiaries like Kesko Food, Musta Porssi, Konekesko, Indoor, Intersport in
Norway, Sweden, Russia, Lithuania, Estonia, Belarus and Latvia.

2. CORE: Context, Overview, Ratios and Evaluation
Kesko has around 2,000 stores structured as chain operations in parts of Nordic, Baltic, Scandinavian regions. Kesko and Kretailers comprise of K group which employs approximately 45,000 employees with year 2011 turnover stands at € 12 billion.
By 2011, Kesko Corporation has circa 19,000 employees with net-sales around € 9.46 billion. An increase of 7.8% from last year's
(€ 8.77 billion). Finnish net-sales rose by 7.3% and other countries operations increased by 10.1%. Main drivers of success were
food trade, building, car and machinery business.
Earning-per-share of 2011 stands at 1.85 compared to 2.08 in 2010. A dividend of € 1.2, 65% of the EPS was issued.
Kesko's market share is 35% and local major competitors are:
S-Group (45%)
Suomen Lahikauppa
International competitor includes:

Kesko is controlled by its shareholders. Shareholders elect the Board of Directors and Auditor. Kesko Group is managed by the
Board and the Managing Director who is also the President and CEO.
CEO and President are selected by the Board of Directors. The company has Corporate Management Board having 7 members
that control different divisions and responsibilities of the group.
All Kesko Board members are non-executive directors. In 2011 it was decided by the Board that all of its members are

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