Brief: Mekonomen Q1 Adjusted EBIT Up At SEK 214 Mln

Meko AB

02/05/2019 12:23

May 2 (Reuters) - Mekonomen AB  MEKO.ST :
    * INTERIM REPORT JANUARY - MARCH 2019
    * Q1 NET SALES AMOUNTED TO SEK 2,909 M (1,432)
    * WORK BEGAN TO ADDRESS UNPROFITABLE OPERATIONS
    * Q1 ADJUSTED EBIT AMOUNTED TO SEK 214 M (99).
    * COST-SAVING PROGRAMME, WHICH WAS INITIATED IN Q1, IS
PROCEEDING
AS PLANNED.
    * EBIT AND ADJUSTED EBIT WERE POSITIVELY IMPACTED BY IFRS 16
OF
SEK 4 M

Source text for Eikon:  ID:nWkr6dg5y0 
Further company coverage:  MEKO.ST 

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