It didn’t go well.
I saw the stock market reporter Rosamari Nenonen rated car dealership Kamuxin published on Wednesday morning print Directly from Kauppalehti In the Talousamau program.
Fact
Kamux’s final year fell short of expectations
Kamux’s turnover fell to 205 million euros from 237 million euros in October-December of the previous year. Analysts expected 210 million euros on average.
Adjusted operating profit was EUR 1.9 million in loss, while a profit of EUR 0.7 million was generated in the comparison period. An average profit of 2.5 million euros was expected.
“It was a pretty bad result,” Nenonen said.
“The result was a loss of around two million euros, which is quite different from what the analysts expected in advance. A profit of three million was expected, so it didn’t go well by itself.”
According to Nenonen, the background of the profit figures is the loss of operations in Sweden and Germany. In addition, Kamux has challenges behind it.
“Sales volumes have been decreasing and Kamux has lost market shares with beard and For K-Auto in Finland. Kamux’s inventory turnover has been slower than its competitors, which means that the values of the cars have time to decrease before they can be sold out. And the internationalization efforts have failed,” Nenonen listed.
“And the car trade in general has slowed down,” he added.
After 10:30 a.m., Kamux’s share moved down more than 10 percent.
Wednesday’s Talousam was hosted by a reporter Heidi Huotilainen.
The broadcast also discussed the effects of the pension reform on the investment strategies of pension companies with Elina Fogelholm, CEO of the pension company Veritas, and analyzed US President Donald Trump’s State of the Nation speech with journalist Tuomo Hyttinen. You can watch Wednesday Financial morning completely below.
https://www.rabbitproductdesign.com/post/how-to-research-patents-top-databases-alternatives
https://www.rabbitproductdesign.com/post/should-you-patent-before-prototype-legal-requirements-pros-cons
https://www.rabbitproductdesign.com/post/how-to-design-a-product-in-3d-process-software-best-service-providers
https://www.rabbitproductdesign.com/post/industrial-design-prototyping-examples-how-to-do-it
https://www.rabbitproductdesign.com/post/functional-product-prototype-meaning-examples-when-is-it-needed
https://www.rabbitproductdesign.com/post/7-stages-of-prototype-development-explained
https://www.rabbitproductdesign.com/post/how-to-manufacture-a-prototype-product-production-options-process-explained
https://www.rabbitproductdesign.com/post/proof-of-concept-for-a-product-meaning-examples-how-to-write-it
https://www.rabbitproductdesign.com/post/breadboard-vs-pcb-in-prototyping-differences-pros-cons
https://www.rabbitproductdesign.com/post/proof-of-concept-vs-prototype-vs-mvp-meaning-differences-examples
https://www.rabbitproductdesign.com/post/do-you-need-a-patent-to-sell-a-product-options-pros-cons
https://www.rabbitproductdesign.com/post/licensing-vs-manufacturing-your-product-examples-pros-and-cons
https://thefreedompeople.org/blog/embracing-dualities-conquer-barriers-and-unlock-personal-freedom/
https://thefreedompeople.org/blog/the-power-of-an-abundance-mentality-embracing-a-positive-mindset-for-personal-and-professional-success/
https://thefreedompeople.org/blog/the-infinite-banking-concept-defined/
https://thefreedompeople.org/blog/how-to-maintain-a-healthy-natural-diet-for-greater-freedom-and-well-being/
https://thefreedompeople.org/blog/the-impact-of-social-media-on-personal-freedom-and-well-being/
https://thefreedompeople.org/blog/the-psychology-of-money-how-your-beliefs-impact-your-financial-success/
https://thefreedompeople.org/blog/why-you-should-be-utilizing-a-business-directory/
https://thefreedompeople.org/blog/mastering-the-art-of-financial-communication-in-your-relationship/
https://thefreedompeople.org/blog/decoding-health-food-buzzwords-a-comprehensive-guide-to-making-informed-choices/
https://thefreedompeople.org/blog/embracing-your-natural-beauty-for-greater-confidence-and-sovereignty/
https://thefreedompeople.org/blog/unlocking-the-power-of-wealth-healing-our-money-relationship/
https://thefreedompeople.org/blog/bitcoin-sets-new-monthly-all-time-high/
https://thefreedompeople.org/blog/bitcoin-is-changing-are-you-ready/