(Author's Note: Investors should be mindful of the risks of transacting in securities with limited liquidity, such as KKOYF and KKOYY. Kesko's listings in Helsingfors, HEL:KESKOA and HEL:KESKOB, offer stronger liquidity.)
Being a Kesko (KKOYF) (KKOYY) shareholder for the past years has been a veritable delight. Much like Swedish comps (partially) Axfood (AXFOF) and ICA-Gruppen (ICCGF), Kesko has reported quarter after quarter of record results. No difference was expected for 3Q19 - and no difference presented itself.
In this article, we'll look at the 3Q19 results of