Kamux Oyj · OMXHEX:KAMUX
Kamux Oyj — Carnegie Small and Mid Cap Seminar 2024
11 slides from Kamux Oyj's conference presentation, Sep 3, 2024
Slide 1: Kamux – a specialized used car retailer
Kamux – a specialized used car retailer Tapio Pajuharju, CEO and Jukka Havia, CFO Carnegie Small and Mid Cap Seminar, Stockholm, September 3, 2024 CARNEGIE SMALL AND MID CAP SEMINAR SEPT 3, 2024 1
Slide 2: Kamux focuses on buying and selling used cars, operations in Finland, Sweden and Germany
Kamux focuses on buying and selling used cars, operations in Finland, Sweden and Germany Revenue by Cars sold by A total of 74 stores in country in 2023 country in 2023 three operating countries* 10% 5,603 46 12,777 stores 21% MEUR 68,257 20 1,002.1 cars in total stores in total (62,922) (968.7) 8 7
Slide 3: Kamux is Europe's third largest used car retailer
Kamux is Europe’s third largest used car retailer Largest used car Home # of operating Pcs in 2023 dealers in Europe in country countries 2023 Aures Holdings Czechia 4 98,134 Aramis France 6 81,618 Kamux Finland 3 68,257 Autohero Germany 9 63,066 CARNEGIE SMALL AND MID CAP SEMINAR SEPT 3, 2024 3 SOU
Slide 4: Become the #1 used car retailer in Europe
OUR VISION Become the #1 used car retailer in Europe CARNEGIE SMALL AND MID CAP SEMINAR SEPT 3, 2024 4
Slide 5: M&A to accelerate growth
CUSTOMER PROMISE OPERATIONAL EFFICIENCY Become the most Industrialize friendly, convenient and standardize and trustworthy used operations across car retailer value chain M&A TO ACCELERATE GROWTH Customer-centric offering Global and local for consumers and purchasing teams to professionals utilize p
Slide 6: Key Figures H1/2024
Key Figures H1/2024 (MEUR) 4-6/2024 4-6/2023 Change, % 1-6/2024 1-6/2023 Change, % 1–12/2023 Revenue 252.6 255.0 -0,9% 493.4 478.1 3.2% 1,002.1 Gross profit 24.7 26.3 -6.1% 49.0 47.0 4.3% 102.5 as percentage of revenue, % 9.8% 10.3% 9.9% 9.8% 10.2% Operating profit (EBIT) 2.1 3.9 -45.9% 4.4 4.5 -1.8
Slide 7: Improving productivity and efficiency
Improving productivity and efficiency • Acceleration of productivity and efficiency improvements vs. original strategic plan • Targeting annualized savings of EUR 5.0-7.0 million in total Industrialize • Timeline: H2/2025 and standardize operations • Indirect sourcing across value chain • Standardiz
Slide 8: Tracking progress towards our long-term targets
Tracking progress towards our long-term targets LONG-TERM TARGET FY 2021 FY 2022 FY 2023 LTM(1 FINANCIAL Sold cars, pcs 100,000 / year 68,429 62,922 68,257 68,892 Revenue, MEUR 1,500 / year 937 969 1,002 1,017 Adj. EBIT margin, % 4% 3.3% 1.8% 1.8% 1.8% NON-FINANCIAL Q2/24 NPS(2 60 50 49 eNPS(3 40 27
Slide 9: Kamux partnership with Secto Automotive in Finland
Kamux partnership with Secto Automotive in Finland • Secto Automotive is a Finnish B2B car leasing operator • Pioneer in low-emission driving in Finland • Currently #3 in the market & • Kamux to become Secto’s partner for returned leasing vehicles -> app. 3,500 cars annually for Kamux to sell • Sect
Slide 10: Q&A
Q&A CARNEGIE SMALL AND MID CAP SEMINAR SEPT 3, 2024 10
Slide 11: Thank you!
Thank you! CARNEGIE SMALL AND MID CAP SEMINAR SEPT 3, 2024 11