Industria
Kamux's updated strategy for 2024-2026 and long-term targets
Kamux operates in the European used car market, which is large and generally very stable, and still very fragmented. Market consolidation is driven by, for example, more and more customers choosing to buy a used car from a large, well-known and trustworthy operator. The size of and changes in the market offer excellent growth opportunities for Kamux, which is a professionally managed international retail chain focusing on used cars and related integrated services and offering its customers an excellent service experience through its omnichannel business model.
Kamux's updated strategy is anchored to placing the customer at the core of all activities and improving operational efficiency as well as profitable growth, which is facilitated by these two measures. The company can accelerate organic growth with acquisitions as well as by building strategic partnerships. Kamux's vision is to be the number one used car retailer in Europe , and this is achieved by strengthening Kamux's concept and processes, as well as by developing the showroom network and selection.
The key development areas for customer experience in the new strategy period are the development of the car offering to better meet the needs of customers; fair, centrally driven prices; standardized and transparent inspection reports; improving the seamless customer experience across all channels; and innovative and hassle-free services within the mobility space. Correspondingly, the key development areas for operational efficiency are utilizing the Group's power in sourcing; a more centralized and standardized car inspection, reconditioning and sales process; and a central data-assisted pricing and sourcing process. All of these will ensure systematic and sustainable operations in line with the Kamux concept.
Kamux's long-term targets are:
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For more information, please contact:
CEO Tapio Pajuharju , tel. +358 50 577 4200
CFO Jukka Havia , tel. +358 50 355 3757
Head of Communications & IR Katariina Hietaranta, tel. +358 50 557 6765
Kamux Corporation
The Board of Directors
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