Inside information, profit warning: Kamux lowers its outlook for the year 2022
Kamux Corporation, Inside information, 30.12.2022 at 11:00 Inside information, profit warning: Kamux lowers its outlook for the year 2022 Kamux lowers its outlook for the year 2022 revenue and operating profit due to weaker than expected sales and car sales margin during the fourth quarter. Rationale for updating the outlook Demand for Kamux’s used cars contracted significantly more than expected in all operating countries during the fourth quarter. The contraction in demand is due to low consumer confidence, caused by the war in Ukraine and its effects, such as the