Kamux Oyj (KAMUX) Earnings Call Transcripts

Kamux Oyj's Latest Earnings Call - Q1 FY2026

In Q1 2026, Kamux Oyj reported a revenue decline of 16% year-over-year, totaling EUR 204 million, which was below market expectations. However, the company highlighted improvements in gross profit and operating metrics, with adjusted EBIT improving by 24.5%. Management maintained its guidance for adjusted operating profit to increase from the previous year, indicating a focus on profitability despite challenging market conditions.

Reported metrics

Guidance from management

Management maintained its guidance for adjusted operating profit to increase from the previous year, signaling confidence in future profitability despite current challenges.

What management said

Good morning, everyone, and welcome to Kamux's Q1 Results Information session. My name is Katariina Hietaranta, and I'm Head of Investor Relations at Kamux. We have today our CEO, Juha Kalliokoski; and CFO, Enel Sintonen, presenting our quarter 1 results. And after the presentation, we shall hold a Q&A session. We shall first take the questions from the teleconference line, followed by questions from the audience her...

If you look about the big picture in the European market, what is our goal, and then we look about the country by country. In Finland, 5 biggest player takes about 30% from the markets. And if I understood correctly from the U.S. investor, it's the biggest part compared approximately U.S., there is CarMax who takes 4% of the markets. And in Sweden and Germany, it's not so consolidated the market. And we see huge pote...

What analysts pressed on

Analysts expressed concerns regarding the declining market share in Finland and the overall contraction in the used car market. Questions were raised about the effectiveness of Kamux's strategy in adapting to competitive pressures and improving profitability.

Main topics on the call

• Revenue Decline — Kamux's revenue decreased by 16% year-over-year to EUR 204 million, primarily due to a decline in car sales volumes. CEO Juha Kalliokoski stated, 'As planned, the average price was lower than last year, and this impacted...
• Improved Profitability Metrics — Despite the revenue decline, gross profit per sold unit improved, and gross margin increased for the fourth consecutive quarter. CFO Enel Sintonen noted, 'Gross profit in total, gross profit per sold car as well as gross...
• Inventory Management — Kamux increased its inventory from EUR 100 million to EUR 110 million during the quarter, indicating a strategic move to prepare for future growth. Management emphasized, 'We started to increase our inventory at the end ...
• Market Challenges — The used car market contracted in all operating countries, with Finland experiencing a 9.3% decline in car sales. Kalliokoski remarked, 'Consumer confidence was at a low level in all our operating countries.'

Read the full Kamux Oyj transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 30 Kamux Oyj earnings call transcripts on record, spanning February 28, 2020 to August 12, 2026. Based on this history, Kamux Oyj reports quarterly. The most recent call on file is dated August 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

KAMUX

Exchange

HLSE

Country

FI

Sector

Consumer Discretionary

Industry

Specialty Retail

Calls on record

30

First call

February 28, 2020

Most recent

August 12, 2026

Reporting cadence

quarterly