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4-Traders Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Kesko Oyj    KESKOA   FI0009007900

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Kesko A : was ranked among the World's Most Ethical Companies

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03/16/2012 | 08:05am CEST

KESKO CORPORATION PRESS RELEASE 16.03.2012 AT 9.00 1(1)

The US Ethisphere Institute listed Kesko as one of the World's Most Ethical Companies for 2012. Kesko is one of the six companies on the list representing food stores.

"A strong ethical foundation is a competitive advantage, and Kesko recognises the important role corporate responsibility plays in improving its bottom line," said Alex Bingham, Executive Director of the Ethisphere Institute. "As more and more organisations strive for this honour each year, Kesko's inclusion as a World's Most Ethical Company for 2012 demonstrates its industry-leading commitment to ethics and dedication to integrity."

When naming the companies, Ethisphere evaluated, among other things, the company's code of ethics, number of innovations, sustainable business practices and responsibility of operations. For listing purposes, Ethisphere's experts reviewed hundreds of companies, representing more than one hundred countries and over 35 industries. A total of 145 companies, the best in their industries, were included in the list.

Kesko has received several recognitions for its responsibility work in Finland and internationally. Kesko has been included in the Dow Jones sustainability indexes for nine years in succession. Kesko has been selected among 'the Global 100 Most Sustainable Corporations in the World' for eight times (www.global100.org:
http://www.global100.org/). In February 2012, Kesko was awarded by World Finance Magazine for 'the Best Corporate Governance in Finland' in terms of corporate governance development and reporting for the second time in succession. In 2011, Kesko was awarded as the best in Finland in responsibility reporting (www.fibsry.fi:
http://www.fibsry.fi/).

Further information on the methodology and the 2012 World's Most Ethical Companies list at www.ethisphere.com/wme:
http://www.ethisphere.com/wme .

Further information:

Merja Haverinen, Senior Vice President, Corporate Communications and Responsibility, Kesko Corporation, tel. +358 1053 22764

Helena Frilander, CR Manager, Kesko Corporation, tel. +358 1053 23143.

Kesko (www.kesko.fi:
https://inpublic.huginonline.com/Local%20Settings/Temporary%20Internet%20Files/Content.Outlook/6T0AC047/www.kesko.fi) is a retail specialist whose stores offer quality to the daily lives of consumers. Kesko has about 2,000 stores engaged in chain operations in the Nordic and Baltic countries, Russia, and Belarus.

Ethispere Institute (www.ethisphere.com:
http://www.ethisphere.com/
) is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability.





This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Kesko Oyj via Thomson Reuters ONE

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Financials (€)
Sales 2017 10 872 M
EBIT 2017 332 M
Net income 2017 242 M
Debt 2017 57,7 M
Yield 2017 5,04%
P/E ratio 2017 17,42
P/E ratio 2018 16,41
EV / Sales 2017 0,40x
EV / Sales 2018 0,40x
Capitalization 4 336 M
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 47,0 €
Spread / Average Target 8,2%
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NameTitle
Mikko Matias Helander President & Chief Executive Officer
Esa Mikael Kiiskinen Chairman
Jukka Henrik Erlund Chief Financial Officer, Senior VP & IR Officer
Arto Hiltunen Chief Information Officer & Vice President
Toni Pokela Independent Director
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