Interim report January – March 2006
10 May 2006 13:29
• Total revenues for the period rose 8.5 per cent to SEK 549.8 M (506.5) • EBIT increased by 67.4 per cent and amounted to SEK 38.0 M (22.7) • The EBIT margin amounted to 6.9 (4.5) percent • Net profit for the period amounted to SEK 24.6 M (15.3) • Earnings per share after full dilution and the share split amounted to SEK 0.77 (0.46)
Summary of Group’s earnings trend Jan-Mar 12 months FY 2006 2005 Apr - Mar 2005 2004 Total revenues, 549,8 506,5 2 376,7 2 333,4 2 149,0 SEK M EBIT, SEK M 38,0 22,7 184,8 169,5 168,3 Profit after financial 35,8 21,0 176,9 162,1 161,7 items, SEK M Net profit/ loss for the 24,6 15,3 126,9 117,6 106,2 period, SEK M Operating 6,9 4,5 7,8 7,3 7,8 margin, % Profit per share after full 0,77 0,46 4,11 3,61 3,18 dilution, SEK *) *) Historical data have been re-calculated to facilitate comparability following a 2 :1 split on 7 June, 2005. This interim report has been prepared pursuant to IAS 34. In this report, full-year results for 2004 are reported only in accordance with IFRS. In the report, changes have been made in the tables and ratios compared with 2005. In the segment, “revenue” is replaced by “net sales (external)”. The ratio “operating margin” and “gross margin” are now calculated using “net sales (external)”. The purpose of the changes is to make all the ratios in the segment more comparable. The new ratio definitions are presented at the end of the report. Furthermore, certain expressions have been renamed. “Operating revenue” is now called “total revenue”, “operating profit/loss” now ends with “EBIT”, etc. Historical ratios have been re-calculated where appropriate. 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. Inquiries to; Owe Andersson, CEO +46 (0)8 464 0080, mobile +46 (0)70 534 9570 owe.andersson@mekonomen.se Börje Bengtsson, COO +46 (0)8 464 0047, mobile +46 (0)70 828 4987 borje.bengtsson@mekonomen.se