Earnings Release • Aug 23, 2017
Earnings Release
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Box 195 42 SE-104 32 Stockholm Sweden Visiting address: Solnavägen 4, plan 10 Tel: +46 (0)8 464 00 00 www.mekonomen.com
Press release 23 August 2017
Mekonomen Group corrects sales in Q2 with SEK 24 M reclassed from external to internal sales. EBIT unaffected.
Revenue decreases to SEK 1 560 M compared to reported SEK 1 584 M. The change affects external sales in Mekonomen Sweden and distribution of EBIT between Mekonomen Sweden and Mekonomen Norway in the quarter. Mekonomen Group's EBIT does not change.
| (SEK M) | ||
|---|---|---|
| Mekonomen Group | Reported Q2 | Adjusted Q2 |
| Revenue | 1 584 | 1 560 |
| EBIT | 174 | 174 |
| Mekonomen Sweden | ||
| Net sales, external | 498 | 475 |
| EBIT | 56 | 50 |
| Mekonomen Norway | ||
| Net sales, external | 228 | 228 |
| EBIT | 33 | 39 |
Restatement of the second quarter 2017 will be presented in connection with the third quarter report 2017.
For further questions, please contact:
Helena Effert, IRO Mekonomen Group Telephone: +46 (0)72 234 29 58, Email: [email protected]
This information may be information that Mekonomen AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act The information was submitted for publication, through the agency of the contact person set out above, at 07:00 a.m. CET on 23 August 2017.
This press release is published in Swedish and English. The Swedish version represents the original version and has been translated into English.
Mekonomen Group are the leading automotive spare-parts chain in the Nordic region, with proprietary wholesale operations, over 300 stores and 2,000 workshops operating under the Group brands. We offer a wide and easily accessible range of inexpensive and innovative solutions and products for consumers and companies.
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