Kamux Corp (FRA:4K8)
€ 3.175 0.04 (1.28%) Market Cap: 131.18 Mil Enterprise Value: 205.68 Mil PE Ratio: 22.21 PB Ratio: 1.19 GF Score: 79/100

Q1 2023 Kamux Oyj Earnings Call Transcript

May 12, 2023 / 08:00AM GMT
Release Date Price: €5.37 (-7.73%)
Juha Kalliokoski
Kamux Oyj - Founder & Director

Hello. Welcome to Kamux Q1 results presentation. My name is Juha Kalliokoski. I'm CEO and Founder of Kamux.

Marko Lehtonen
Kamux Oyj - CFO

Good morning. My name is Marko Lehtonen. I'm Kamux CFO.

Juha Kalliokoski
Kamux Oyj - Founder & Director

As usual, I will present the overview and Marko will then present more details on the final sales as well as on our country-by-country performance.

Here is our agenda for today's presentation. Q1 in brief, financial development, strategy, outlook and financial targets, and then we summarize those.

We continue working towards our vision to be the #1 used car retailer in Europe. The vision itself is unchanged. The first quarter of 2023 was difficult, even though the market started to recover. Prices for used cars decreased in January to February, especially in Finland and Sweden, and then increased slightly in March.

There are 2 separate things to note. At the turn of the year, we made

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