STOCKHOLM, Sweden, Aug. 17, 2005 (PRIMEZONE) -- Mekonomen interim report for January-June 2005:
- Operating revenues for the period rose 6.5% to SEK 1,140.1 m (1,070.3) m
- EBIT amounted to SEK 81.8 m (98.7)
- The EBIT margin was 7.2% (9.2)
- Net profit amounted to SEK 57.1 m (68.1)
- Earnings per share after full dilution and the share split amounted to SEK 1.71 (2.22)
- Actions taken in Denmark are gradually impacting on earnings
- In terms of earnings, the second quarter was the best quarter since the acquisition in 2002
- Operating profit of SEK 3.3 m reported for the second quarter
Mekonomen
Mekonomen (Other OTC:MKOMF) (Stockholm:MEKOB) 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 cooperating stores offering broad geographical coverage, efficient logistics and high service levels.
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