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Mekonomen AB (MEKO.ST)

MEKO.ST on Stockholm Stock Exchange

144.50SEK
14 Dec 2017
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-3.75kr (-2.53%)
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Latest Key Developments (Source: Significant Developments)

Mekonomen Q3 operating profit below forecasts
Tuesday, 7 Nov 2017 01:31am EST 

Nov 7 (Reuters) - Mekonomen :Mekonomen Q3 EBIT 127 (125) mln SEK.Mekonomen Q3 sales 1,414 (1,432) mln SEK.Reuters poll mean forecast was for EBIT of 152 mln SEK and sales of 1,414 mln SEK.  Full Article

Mekonomen ‍corrects Q2 sales to SEK 1.56 bln​
Wednesday, 23 Aug 2017 01:00am EDT 

Aug 23 (Reuters) - MEKONOMEN AB :‍CORRECTS SALES IN Q2 WITH SEK 24 M RECLASSED FROM EXTERNAL TO INTERNAL SALES.​.‍REVENUE DECREASES TO SEK 1 560 M COMPARED TO REPORTED SEK 1 584 M​.SAYS MEKONOMEN GROUP CORRECTS SALES IN Q2 WITH SEK 24 M RECLASSED FROM EXTERNAL TO INTERNAL SALES.SAYS REVENUE DECREASES TO SEK 1 560 M COMPARED TO REPORTED SEK 1 584 M.  Full Article

Mekonomen q2 EBIT at SEK 174 million (Reuters poll SEK 159 million)
Friday, 28 Jul 2017 01:30am EDT 

July 28 (Reuters) - MEKONOMEN AB ::Q2 TOTAL REVENUE SEK 1.58 BILLION (REUTERS POLL 1.55 BILLION).Q2 EBIT SEK 174 MILLION (REUTERS POLL SEK 159 MILLION).  Full Article

Mekonomen appoints Åsa Källenius as new CFO, effective Aug. 15
Wednesday, 7 Jun 2017 02:56am EDT 

June 7 (Reuters) - MEKONOMEN AB :APPOINTS ÅSA KÄLLENIUS AS NEW CFO, EFFECTIVE FROM AUG. 15 2017.  Full Article

Peptonic Medical announces additional results of completed phase 2b study​
Monday, 29 May 2017 10:21am EDT 

May 29 (Reuters) - PEPTONIC MEDICAL AB :PEPTONIC MEDICAL'S VAGINAL GEL SHOWS AN EXCELLENT SAFETY PROFILE AND REDUCES SYMPTOMS ASSOCIATED WITH URINARY INCONTINENCE.ADDITIONAL RESULTS OF COMPLETED PHASE 2B STUDY SHOW THAT VAGINAL GEL WITHOUT OXYTOCIN IS WELL TOLERATED AND ITS USE DOESN'T CAUSE ANY SERIOUS ADVERSE EVENTS (SAE)​.  Full Article

Lannebo Fonder AB cuts stake to 4.83 pct in Mekonomen
Thursday, 18 May 2017 02:47am EDT 

May 18 (Reuters) - MEKONOMEN AB :LANNEBO FONDER AB CUTS STAKE TO 4.83 % IN MEKONOMEN - FINANSINSPEKTIONEN.  Full Article

Mekonomen Q1 EBIT lags expectations
Wednesday, 10 May 2017 01:40am EDT 

May 10 (Reuters) - Mekonomen Ab :Mekonomen q1 ebit 126 million sek (121) vs Reuters poll forecast 132 mln .Revenue increased 7 per cent to SEK 1,518 M (1,424).Sales in comparable units rose 5 per cent.Says for the full year we see potential for an increasing overall total market as recent statistics shows that the number of miles driven increased for the third year in a row in Sweden, the car park is growing and new car sales have increased steadily the last years.For Mekonomen Group, the potential for a stronger market is primarily linked to an increased car park for cars three years and older.  Full Article

Mekonomen Q2 profit lags consensus, launches savings programme
Friday, 26 Aug 2016 01:42am EDT 

Mekonomen Ab : Q2 ebit amounted to sek 161 m . q2 revenue increased 3 per cent to sek 1,573 m (1,527) . Reuters poll: mekonomen q2 revenues were seen at sek 1,538 million, ebit at sek 188 million . Says we implement an efficiency and cost-rationalisation program for mekonomen sweden which is expected to generate annual savings of sek 25 m from 2017 . Says cost of program is expected to have only a marginal impact on ebit for 2016 . says we see potential for a growing overall market .says growing fleet of cars and completion of changes initiated in mekonomen group provide a solid platform for future profitable growth.  Full Article

Mekonomen Q1 EBIT lags forecast
Wednesday, 11 May 2016 01:37am EDT 

Mekonomen Ab : Q1 revenue increased 3 percent to SEK 1,424 million (1,382). . Q1 EBIT amounted to SEK 121 million (142). . Says underlying growth for Mekonomen group remained favourable in Q1, despite negative easter effect. . Says expect conditions for a slightly stronger overall market in 2016, primary as a consequence of favourable new car sales in recent years. . Reuters poll: Mekonomen Q1 revenues were seen at SEK 1,367 million, EBIT at SEK 143 million. . Says in 2016, sales growth is main focus. . Says EBIT was lower compared with Q1 of 2015, a main cause being a weak Ebit in Mekonomen Sweden. Further company coverage: [MEKO.ST] (Reporting By Johan Sennero) ((Johan.Sennero@thomsonreuters.com;)).  Full Article

Mekonomen AB says will invest SEK 250 mln in central warehouse
Monday, 14 Mar 2016 03:30am EDT 

Mekonomen AB:Says has signed letter of intent to invest in a new automated central warehouse in Strangnas.Says estimated investment cost is 250 million Swedish crowns during 2016-2018.Says estimated savings due to investment will be 50 million crowns per year from 2020.  Full Article

BRIEF-Mekonomen Q3 operating profit below forecasts

* Reuters poll mean forecast was for EBIT of 152 mln SEK and sales of 1,414 mln SEK Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)