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Mekonomen: Year-end Report January - December 2005

STOCKHOLM, Sweden--Feb. 1, 20067, 2006--

  Mekonomen (STO:MEKOB):  



-- Operating revenues for the period rose 8.6 per cent till SEK 2,334.4 m (2,149.0)

-- EBIT amounted to SEK 169.5 m (168.3)

-- The EBIT margin amounted to 7.3 per cent (7.8)

-- Net profit for the period amounted to SEK 117.6 m (106.2)

-- Earnings per share after full dilution and the share split amounted to SEK 3.61 (3.18)

-- The Board of Directors proposes a dividend of SEK 1.15 (1.15), corresponding to 32 per cent of net profit

This Interim Report has been prepared pursuant to IAS 34. The transitional rules were presented in a separate press release on 14 March 2005. In this report, full-year results for 2004 are also reported in accordance with generally acceptable accounting practices in Sweden (SGAAP). The disclosures in Interim Reports for 2003 have not been re-calculated pursuant to IFRS.

Mekonomen

Mekonomen is Scandinavia's leading car spare parts chain, offering service centres and motorists a broad selection of spare parts and car accessories. Its competitive edge lies in a network of wholly owned and co-operating stores offering broad geographical coverage, efficient logistics and high service levels.