Brief: Mekonomen Q2 EBIT Down At SEK 211 Mln

Meko AB

21/08/2020 06:34

Aug 21 (Reuters) - Mekonomen AB  MEKO.ST :
    * INTERIM REPORT JANUARY - JUNE 2020
    * Q2 NET SALES SEK 2,894 MILLION VERSUS SEK 3,100 MILLION
YEAR AGO
    * Q2 EBIT SEK 211 MILLION VERSUS SEK 240 MILLION YEAR AGO
    * Q2 ADJUSTED EBIT AMOUNTED TO SEK 281 M (280)
    * COVID-19 AND DATA BREACHES AFFECTED QUARTER NEGATIVELY.
    * DATA BREACH CAUSED EXTENSIVE DISRUPTIONS TO OUR IT-SYSTEMS
WITHIN MECA/MEKONOMEN UNTIL MID-APRIL
    * APPROXIMATELY ONE THIRD OF TEMPORARY MEASURES WILL BE
PERMANENT.
    * OUR MOST INFLUENTIAL CURRENCIES WEAKENED FOLLOWING
INCREASED
UNCERTAINTY
    * SØRENSEN OG BALCHEN BUSINESS AREA EXCELLED POSITIVELY WITH
A
RECORD STRONG QUARTER

Source text for Eikon:  ID:nWkr8R92b8 
Further company coverage:  MEKO.ST 

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