Interim report January - September 2007 • Total revenues for the third quarter increased by 3.0 per cent compared with the year-earlier period and amounted to SEK 625.8 M (607.5). Revenues for the period increased by 4.2 per cent to SEK 1,897.5 M (1,820.3). • EBIT for the third quarter increased by 10.8 per cent compared with the year-earlier period and amounted to SEK 78.2 M (70.6). EBIT for the period amounted to SEK 207.4 M (146.0). • Income after financial items increased by 234 per cent for the third quarter and amounted to SEK 215.5 M (64.5). Income after financial items for the period amounted to SEK 350.0 M (132.2). Income after financial items for the third quarter as well as for the period includes an effect from the sale of the Group's property portfolio totalling 133.3 M and positive currency effects totalling SEK 2.0 M (neg: 4.2) for the third quarter and SEK 13.2 M (neg: 7.6) for the period. • EBIT margin for the third quarter increased to 12.5 per cent (11.6) and for the period to 10.9 per cent (8.0). • Profit after tax for the third quarter increased by 305 per cent and amounted to SEK 186.6 M (46.1). Profit after tax for the period amounted to SEK 282.5 M (93.9). Adjusted for the property transaction, profit after tax amounted to SEK 55.6 M for the quarter and SEK 151.5 M for the period. • Earnings per share before and after dilution for the third quarter increased by 343 per cent and amounted to SEK 5.94 (1.34) and for the period to SEK 8.90 (2.75). • Earnings from the sale of the Group's property portfolio were taken up as revenue during the third quarter with a positive earnings effect, which preliminarily amounts to SEK 131 M after tax. Final settlement will take place in the fourth quarter. For further information, please contact: Håkan Lundstedt, President and CEO Mekonomen AB, Tel. +46(0)8-464 00 10 or Gunilla Spongh, CFO Mekonomen AB, Tel. +46(0)8-464 00 80 Mekonomen is a spare parts chain with its own wholesale operation and a nationwide retail network of wholly owned and cooperating stores in Sweden, Norway and Denmark. Group revenues mainly consist of sales to service centres and motorists via wholly owned stores, and wholesale operations aimed at cooperating stores. www.mekonomen.se
Interim report January - September 2007
| Source: Mekonomen AB