Meko AB

Equities

MEKO

SE0002110064

Auto Vehicles, Parts & Service Retailers

Market Closed - Nasdaq Stockholm Other stock markets 11:29:59 2024-05-15 am EDT			5-day change	1st Jan Change
122.4 ^SEK	0.00%		+3.03%	+11.88%

May. 10	LKQ Agrees to Sell Elit Polska to MEKO for Undisclosed Sum	MT
May. 10	Meko to Expand in Poland With Acquisition of Elit Polska	MT

Mekonomen AB Provides Earnings Guidance for the Second Quarter of 2020

May 29, 2020 at 01:30 am EDT

Mekonomen AB (publ) provided earnings guidance for the second quarter of 2020. For the period, the company expects a considerable net sales and EBIT margin deterioration compared to the year-earlier quarter.

Latest news about Meko AB

LKQ Agrees to Sell Elit Polska to MEKO for Undisclosed Sum	May. 10	MT
Meko to Expand in Poland With Acquisition of Elit Polska	May. 10	MT
Meko AB (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from LKQ Corporation.	May. 09	CI
MEKO Accelerates Expansion of Fast-Growing Brand in Sweden	Apr. 15	CI
Sweden's Meko to Modernize Central Warehouse in Finland	Apr. 12	MT
Meko AB Proposes Dividend, Payable on May 23, 2024 and November 21, 2024	Apr. 11	CI
Meko to Separate Sales, Logistics to Streamline Operations	Apr. 11	MT
Meko AB Announces Board Changes	Mar. 18	CI
Meko, ALD Automotive/LeasePlan Agree on Car Glass Service Partnership	Mar. 06	MT
MEKO Grows its Car Glass Offering - Initiates Partnership in Sweden	Mar. 06	CI
Sweden's Meko Nominates New Chairman	Feb. 20	MT
Transcript : Meko AB, 2023 Earnings Call, Feb 14, 2024	Feb. 14
Meko AB Proposes Dividend, Payable on May 23, 2024 and November 21, 2024	Feb. 14	CI
Meko AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 14	CI
Meko Targets SEK66 Million Annual Net Savings with Efficiency Measures	Dec. 07	MT
Meko to Offer Aftermarket Services to HiPhi Customers in Northern Europe	Nov. 22	MT
MEKO Initiates Partnership with HiPhi	Nov. 22	CI
Meko, Zeekr Sign Service Partnership Deal in Sweden	Nov. 16	MT
MEKO Initiates Partnership with Electric Car Manufacturer ZEEKR	Nov. 16	CI
Meko Names New CFO	Nov. 15	MT
MEKO AB Appoints Christer Johansson as Chief Financial Officer, Effective February 19, 2024	Nov. 15	CI
Meko to Consolidate Norway Inventory Management With New Warehouse Project	Nov. 09	MT
Transcript : Meko AB, Q3 2023 Earnings Call, Nov 09, 2023	Nov. 09
MEKO Invests in New High-Technology Warehouse in Norway	Nov. 09	CI
Meko AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 08	CI

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Company Profile

Meko AB, formerly Mekonomen Aktiebolag is a Sweden-based corporate Group that operates and develops business in the automotive aftermarket. The Company is a spare parts distributor with concepts and brands in Northern Europe Denmark, Norway, and Sweden, and Polish market with exports to Germany, the Czech Republic and the Baltics, among others. Meklo operates within four business areas: FTZ, Inter-Team, MECA/Mekonomen and Soerensen og Balchen. The FTZ business area primarily includes wholesale and branch operations in Denmark. The Inter-Team business area primarily includes wholesaling and shop operations in Poland and export operations. The MECA/Mekonomen business area primarily includes wholesale, branch, workshop and fleet operations in Sweden, Norway and Finland. The business area consists of the operations MECA, Mekonomen and a number of smaller operations. The Soerensen og Balchen business area primarily includes wholesale and shop operations in Norway.

Sector

Auto Vehicles, Parts & Service Retailers

Calendar

2024-05-16 - Q1 2024 Earnings Release

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Income Statement Evolution

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Ratings for Meko AB

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

122.4 SEK

Average target price

130 SEK

Spread / Average Target

+6.21%

Consensus

EPS Revisions

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Sector Automotive Parts & Accessories Retailers

	1st Jan change	Capi.
MEKO AB	+11.88%	633M
O'REILLY AUTOMOTIVE, INC	+6.88%	59.29B
AUTOZONE, INC.	+13.55%	50.55B
AUTOBACS SEVEN CO., LTD.	-1.92%	768M
SUNDARAM-CLAYTON LIMITED	+4.83%	376M
CARPARTS.COM, INC.	-66.46%	61.23M

Automotive Parts & Accessories Retailers