July 25 (Reuters) - Meko AB MEKO.ST:
Q2 REVENUE SEK 4,508 MILLION, DOWN 4% Y/Y
Q2 EBIT SEK 91 MILLION
Q2 ADJUSTED EPS SEK -0.12
Q2 ADJUSTED EBIT SEK 175 MILLION VS SEK 357 MILLION YEAR AGO
Q2 EBIT MARGIN 2%
Q2 ORGANIC GROWTH -5%
Q2 ADJUSTED EBIT MARGIN 3.8%
Q2 WAS MARKED BY CONTINUED ECONOMIC UNCERTAINTY AND INTENSE COMPETITION
WE ARE IMPLEMENTING A NEW COST REDUCTION PROGRAM THAT WILL LOWER OUR COSTS BY SEK 100 MILLION ANNUALLY
Source text: ID:nMFNbcVdLV
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