August 21, 2017 10:08 PM ET

Specialty Retail

Company Overview of Kamux Oyj

Company Overview

Kamux Oyj engages in the retail and wholesale of used cars. As of June 15, 2017, it had 39 showrooms in Finland; 9 in Sweden; and 2 in Germany. The company also offers financing and insurance products to its customers. Kamux Oyj was founded in 2003 and is headquartered in Hämeenlinna, Finland.

Parolantie 66 A

Hameenlinna,  13130

Finland

Founded in 2003

389 Employees

Phone:

358 1077 85500

Key Executives for Kamux Oyj

Kamux Oyj does not have any Key Executives recorded.

Kamux Oyj Key Developments

Kamux Oyj To Open New Car Showroom in Olarinluoma, Espoo in August

Kamux Oyj continued its strong growth. The company is expanding its operations in the Helsinki Metropolitan area by opening a new car showroom in Olarinluoma, Espoo in August. The location of the new showroom was chosen because of its excellent location in a well-known car retail area, where customers are used to shop for cars. The population of the area is also on the rise, the area is already within good connections, and in the future it can be reached by the West Metro. The new Espoo showroom will serve all customers of the Helsinki Metropolitan area and is an excellent addition to the showroom network of an area with a strong population concentration.

Kamux Oyj Announces Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for 2019

Kamux Oyj announced earnings results for the first quarter ended March 31, 2017. For the quarter, revenue was EUR 109.3 million, Operating profit (EBIT) was EUR 3.4 million, adjusted operating profit was EUR 4.6 million, net debt was EUR 26.1 million, return on equity (ROE) was 38.8% and basic earnings per share was EUR 0.07 against revenue of EUR 97.0 million, Operating profit (EBIT) of EUR 4.0 million, adjusted operating profit of EUR 4.4 million, net debt of EUR 23.3 million, return on equity (ROE) of 62.3% and basic earnings per share of EUR 0.07 for the same period a year ago. In the medium term, the company's targets are to increase revenue to at least EUR 700 million in 2019 and the operating profit margin of 4-5% in 2019 and at least 5% in the long term.

Kamux Oyj, Q1 2017 Earnings Call, May 24, 2017

Kamux Oyj, Q1 2017 Earnings Call, May 24, 2017

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