Mekonomen: Year-end Report 1 January – 31 December

STOCKHOLM--Regulatory News:

Mekonomen (STO:MEKOB):

1 January – 31 December

Revenues increased by 6 per cent to SEK 2,691 M (2,550).
EBIT increased to SEK 251 M (250) and the EBIT margin amounted to 9 per cent (10).
Profit after financial items amounted to SEK 261 M (418). Profit after financial items in the preceding year included capital gains of MSEK 151 from the sale of the Group’s property portfolio.
Profit after tax amounted to SEK 189 M (348). Adjusted for the property transaction, profit after tax amounted to SEK 192 M in the preceding year.
Earnings per share before and after dilution amounted to SEK 5.84 (11.03). Adjusted for the property transaction, earnings per share amounted to SEK 5.98 in the preceding year.
The Board proposes a dividend of SEK 6.00 (6.00) based on profits for the year and an extra dividend of SEK 0.00 (5.00) per share.

1 October – 31 December

Revenues increased by 6 per cent to SEK 693 M (653).
EBIT increased to SEK 45 M (43) and the EBIT margin amounted to 7 per cent (7).
Profit after financial items amounted to SEK 49 M (68). Profit in the preceding year included positive earnings effect of SEK 17 M from the property sale.
Profit after tax amounted to SEK 36 M (65) and earnings per share before and after dilution amounted to SEK 1.13 (2.13). Adjusted for the property transaction, profit after tax amounted to SEK 41 M in the preceding year.
Mekonomen acquired eight Micro stores from Micro AB.

Mekonomen makes CarLife simpler, through a broad and highly accessible offering of low-cost and innovative solutions and products for consumers and companies. We are Scandinavia’s leading automotive spare-parts chain with proprietary wholesale operations, more than 200 stores and more than 1,000 workshops, all operating under the Mekonomen brand.

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