Kamux Oyj (KMUXF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to Kamuks' Q1 results information session. My name is Katariina Hietaranta and I'm Head of Investor Relations at Kamuks. We have today our CEO Juha Kalliokoski and CFO Enel Simtonen presenting our Q1 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 here as well as via the webcast chat. Thank you. Please go ahead, Juha. Thank you, Katarina. Good morning. Let's get started. Let's take a quick look at our agenda today. As usual, we will begin with an overview of the quarter, then take a look at the market development, looking at each operating country separately. Then Enel will present our financial development in more detail. And as usual, we will finish with Q&A session. As it was last year, our focus during Q1 was on profitability. We succeeded quite well and cross-profit improved significantly. Despite negative volume development, Following this, the adjusted operating profit improved, but was still negative. Gas flow for the quarter was lower than last year. This is directly related to the very different starting position with our stock. We started the year by the low stock as planned, and towards the end of the quarter, we increased our inventory. Revenue from integrated services was 12.7 million euros, which is 6.2% of total revenue. Our customer satisfaction is at an excellent level and we further improved it during Q1. The group NPS for Q1 was 66 and Finland achieved an NPS score of 70 in March. And when we look about under the big picture, we see many positive things behind that. When you look about the gross margin percentage and gross profit per sold unit, Sweden started to increase sold units and revenue. Ou...