Interim report January - March 2010

Interim report January - March 2010

STRONG FIRST QUARTER - PROFIT AFTER FINANCIAL ITEMS INCREASED 67 PER CENT

• Revenues increased 8 per cent to SEK 803 M (744). 

• EBIT increased 57 per cent to SEK 90 M (57) and the EBIT margin amounted to 11
per cent (8). 

• Profit after financial items increased 67 per cent to SEK 91 M (54). 

• Profit after tax increased 70 per cent to SEK 67 M (39).

• Earnings per share before and after dilution amounted to SEK 2.08 (1.20).

• Mekonomen Direkt was launched in Denmark and Norway.

• Mekonomen was elected “Retail chain of the Year” by the Swedish Trade
Federation and Dagens Handel newspaper at the Retail Awards 2010. 

• Strong growth in Sweden and Norway with 13 and 14 per cent increase,
respectively, compared with the year-earlier period.



This report has not been subject to review by the Company's auditors. 
For further information, please contact:
Håkan Lundstedt, President and CEO Mekonomen AB, Tel: +46 (0)8-464 00 00
Gunilla Spongh, CFO Mekonomen AB, Tel: +46 (0)8-464 00 00

Mekonomen makes CarLife easier through a wide and easily accessible range of
inexpensive and innovative solutions and products for consumers and companies.
We are Scandinavia's leading spare-parts chain with proprietary wholesale
operations, more than 200 stores and more than 1,000 workshops operating under
the Mekonomen brand.