Brief: Kamux Raises Revenue Outlook For 2021

Kamux Oyj

24/09/2021 07:03

Sept 24 (Reuters) - Kamux Oyj  KAMUX.HE :
    * KAMUX RAISES ITS REVENUE OUTLOOK FOR 2021 TO EUR 850-900
MILLION, OUTLOOK FOR ADJUSTED OPERATING PROFIT REMAINS UNCHANGED
    * COMPANY RAISES ITS REVENUE OUTLOOK FOR 2021, WHILE
MAINTAINING
ITS OUTLOOK FOR ADJUSTED OPERATING PROFIT UNCHANGED
    * RAISES ITS REVENUE OUTLOOK FOR 2021 TO EUR 850-900
MILLION,
OUTLOOK FOR ADJUSTED OPERATING PROFIT REMAINS UNCHANGED
    * IN 2021, KAMUX EXPECTS ITS REVENUE TO BE EUR 850-900
MILLION.
    * COMPANY EXPECTS ITS ADJUSTED OPERATING PROFIT TO INCREASE
FROM
PREVIOUS YEAR
    * PREVIOUSLY, KAMUX EXPECTED ITS REVENUE TO REACH EUR
800-850
MILLION IN 2021 AND ITS ADJUSTED OPERATING PROFIT TO INCREASE
FROM PREVIOUS YEAR.
    * RATIONALE FOR UPDATING OUTLOOK IS, ABOVE ALL, STRONG
GROWTH
DURING FIRST HALF-YEAR, FAVORABLE DEVELOPMENT OF KAMUX'S CAR
SALES DURING Q3, AND INCREASED AVERAGE PRICE OF SOLD CARS DURING
2021
    * ALSO ESTIMATES THAT POSITIVE DEVELOPMENT OF KAMUX'S
BUSINESS
WILL CONTINUE DURING REST OF YEAR DESPITE UNCERTAINTY CAUSED BY
CORONA PANDEMIC.

Source text for Eikon:  ID:nWkr4zVm6N 
Further company coverage:  KAMUX.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))