Kamux Oyj

Stabilization measures taken - Seite 2

Further enquiries

Satu Heikkilä, Head of Communications and Marketing, Kamux, [phone]

Kamux Corporation is a retail chain specializing in the sale of used cars and related integrated services that has grown rapidly. The first Kamux car showroom started its operations in 2003 in Hämeenlinna, Finland and the company currently has 39 car showrooms in Finland, nine in Sweden and two in Germany Since its foundation, the company has sold more than 140,000 used cars, of which 36,290 were sold in 2016. Kamux's revenue reached EUR 405 million in 2016. Adjusted operating profit^[1] was EUR 18 million, resulting in an adjusted operating profit margin¹ of 4.4 percent in 2016. Kamux employed 552 employees at the end of 2016, of which 272 were permanent employees. The shares of Kamux are listed on Nasdaq Helsinki.

www.kamux.com

 

Important Information

Neither this announcement nor the information contained herein is for publication, distribution or release, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, the Hong Kong special administrative region of the People's Republic of China, Japan, New Zealand, South Africa or Singapore or any other jurisdiction where to do would constitute violation of the relevant laws of such jurisdiction.

This announcement is not a prospectus for the purposes of Directive 2003/71/EC (such directive, as amended, together with any applicable implementing measures in the relevant member state of the European Economic Area under such Directive, the "Prospectus Directive"). A prospectus prepared pursuant to the Prospectus Directive and approved by the Finnish Financial Supervisory Authority has been published, and it has been obtainable from Kamux and other places indicated in the prospectus.

This announcement does not contain or constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities referred to herein may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Kamux does not intend to register any of the securities in the United States or to conduct a public offering of the securities in the United States.