Kamux - Hunting for profitability improvement (Part 2)

I was looking at the image I use in extensive reports regarding Kamux Finland’s and Saka’s figures and noticed that it might have given too positive a picture of Kamux, even though its figures have been worse than Saka’s in recent years. This is because I previously only compared the figures for the Finland segment to Saka’s group figures, which omits Kamux’s group expenses. I have added Saka’s 2024 figures and a new line (black) to the graph below, where Kamux Finland’s operating profit is reduced by group expenses according to the ratio of segment revenues.

image

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