Interim report January - September 2008

Interim report January - September 2008

1 July - 30 September
•  Revenues increased by 5 per cent to SEK 658 M (626).  Taking into account
positive currency effects and more workdays during the quarter, revenues
increased by 3 per cent.

•  EBIT amounted to SEK 79 M (78) and the EBIT margin to 12 per cent (12). 

•  Profit after financial items amounted to SEK 81 M (215). Income after
financial items in the preceding year included capital gains of SEK 133 M from
the sale of the Group's property portfolio. 

•  Profit after tax amounted to SEK 58 M (187) and earnings per share before and
after dilution amounted to SEK 1.79 (5.94). Adjusted for the property
transaction, profit after tax amounted to SEK 56 M in the preceding year.

•  A new store concept was launched.  It is estimated that project expenses of
SEK 14 M will be charged against the operating profit per quarter from the
fourth quarter 2008 through 2009.   A positive earnings effect is expected from
2010, with two years' repayment. 


1 January - 30 September
•  Revenues increased by 5 per cent to SEK 1,999 M (1,897).  Taking into account
positive currency effects and the number of working days, revenues increased by
4 per cent.

•  EBIT amounted to SEK 205 M (207) and the EBIT margin to 10 per cent (11). 

•  Profit after financial items amounted to SEK 212 M (350). Adjusted for the
property transaction, profit after financial items amounted to SEK 217 M in the
preceding year. 

•  Profit after tax amounted to SEK 153 M (283). Adjusted for the property
transaction, profit amounted to SEK 152 M in the preceding year.

•  Earnings per share before and after dilution amounted to SEK 4.71 (8.90).

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
Boel Sundvall, Head of communications Mekonomen AB, Tel: +46 (0)8-464 00 00

Mekonomen wants to make CarLife simpler, through a broad and  easily accessible
offering of 
inexpensive and innovative solutions and products for consumers and companies. 
Mekonomen is Scandinavia's leading automotive spare parts chain with proprietary
wholesale operations, approximately 200 stores and more than 1,000 workshops
operating under the Mekonomen brand. 
www.mekonomen.se