Kamux Oyj (KMUXF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day everyone and welcome to Q2 results information. My name is Katariina Hietaranta and I'm Q2 Head of Investor Relations. Today we have our CEO Tapio Paiuharjo and CFO Enel Sintonen presenting the results and after the presentation we'll have a Q&A session. Please go ahead, Tapio. Thank you, Katariina. Welcome on board also on my behalf. I'm very happy to have Enel Sintonen over here. Enel is rather fresh, started August the 1st, but I think during the journey you've been onboarding quite well, and you will get a very good insight on the financial numbers today from Enel. I think the headline tells it all. We had a bit of a shift in the focus and started on the profitability. That had a toll on the volumes, but I think today we'll run through the actions, what we have done, what is in the pipeline, and then have a bit look on the future as well. So all in all, we'll have a deep dive on the Q2, and we'll have the first half all together, have a look on the market positioning, have the highlights and the lowlights, and then the network development. We'll have a review by country, focus on the Finland and the changes in Sweden, and then have a look on the German strategy. Nothing major on that one, just an update on that, and then the financial development. And at the very end, we'll have a look on the long-term targets and the outlook And then we have the time for questions and comments at the very end. So please bear with us. So all in all, I think the profitability was the focus and the highlight, and that's something we improved. And I think that had a toll on the net sales. On top of that, we had a lower number of stores that had an impact also on the development of the net sales. Then on the development on the car margin, I think in all of the three markets,...