View ValuationMeko 향후 성장Future 기준 점검 3/6Meko (는) 각각 연간 48.1% 및 2.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 55.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 9.2% 로 예상됩니다.핵심 정보48.1%이익 성장률55.22%EPS 성장률Retail Distributors 이익 성장10.9%매출 성장률2.9%향후 자기자본이익률9.17%애널리스트 커버리지Low마지막 업데이트08 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (6 non-independent directors). Executive Vice Chairman Magnus Håkansson is the most experienced director on the board, commencing their role in 2017. Independent Director Jörn Werner was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Apr 23Meko AB (publ) to Report Q1, 2026 Results on May 07, 2026Meko AB (publ) announced that they will report Q1, 2026 results at 7:30 AM, Central European Standard Time on May 07, 2026공시 • Feb 12+ 3 more updatesMeko AB (publ) to Report Fiscal Year 2026 Results on Feb 11, 2027Meko AB (publ) announced that they will report fiscal year 2026 results on Feb 11, 2027공시 • Jan 29Meko AB (publ) to Report Fiscal Year 2025 Results on Feb 12, 2026Meko AB (publ) announced that they will report fiscal year 2025 results at 7:30 AM, Central European Standard Time on Feb 12, 2026공시 • Nov 13Meko AB (publ), Annual General Meeting, May 07, 2026Meko AB (publ), Annual General Meeting, May 07, 2026.공시 • Oct 30Meko AB (publ) to Report Q3, 2025 Results on Nov 13, 2025Meko AB (publ) announced that they will report Q3, 2025 results at 7:30 AM, Central European Standard Time on Nov 13, 2025공시 • Jul 25Meko AB (Publ) Announces Executive and Directorate ChangesMeko AB (publ) announced reviewing the structure of its Group Management Team to strengthen its commercial focus. As part of this review, a new role as Director of Purchasing and Business Development is being introduced. At the same time, the role of Chief Operating Officer is being discontinued, and the Chief Legal Officer will no longer be part of Group Management. In connection with these changes, Petra Bendelin is leaving her position as Chief Operating Officer to pursue new opportunities outside MEKO. The role of Chief Operating Officer has carried overarching responsibility for operations across the Group. A more commercially focused position is now being established, with Marcus Larsson appointed Interim Director of Purchasing and Business Development. Marcus previously served as Executive Vice President of Mekonomen Group until 2017 and will hold the role until a permanent successor has been appointed. Petra Bendelin has served as MEKO's Chief Operating Officer since 2023 and has also been interim Managing Director of the Swedish operations since 2024. Following her departure, Pehr Oscarson will assume the role of Interim Managing Director of MEKO Sweden alongside his current duties as President and CEO. As part of the same review, the role of Director of Legal Affairs is also being removed from Group Management, which means Robert Hård will no longer be part of MEKO's Group Management Team. All other roles remain unchanged.공시 • Jul 11Meko AB (publ) to Report Q2, 2025 Results on Jul 25, 2025Meko AB (publ) announced that they will report Q2, 2025 results at 7:30 AM, Central European Standard Time on Jul 25, 2025공시 • May 15+ 1 more updateMeko AB (Publ) Approves Appointment of Walter Hanley as New Board MemberMeko AB (publ) announced at the AGM held on May 15, 2025, approved Walter Hanley was appointed as a new board member.공시 • May 13Meko AB (publ) to Report Q1, 2025 Results on May 15, 2025Meko AB (publ) announced that they will report Q1, 2025 results at 7:30 AM, Central European Standard Time on May 15, 2025공시 • Feb 14Meko AB (publ), Annual General Meeting, May 15, 2025Meko AB (publ), Annual General Meeting, May 15, 2025.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Eivor Andersson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Dec 20Meko AB (publ) Appoints Marie Björklund and Jörn Werner as New Members of the Board of DirectorsMeko AB (publ) at tis Extraordinary General Meeting held on 19 December 2024, appointed Marie Björklund and Jörn Werner as new members of the company's Board of Directors. For the period until the Annual General Meeting 2025, the Board consist of Dominick Zarcone (Chairman), Eivor Andersson, Kenny Bräck, Magnus Håkansson, Robert Reppa and Helena Skåntorp, elected at the Annual General Meeting 2024, as well as Jörn Werner and Marie Björklund.Recent Insider Transactions • Nov 12President & CEO recently bought €125k worth of stockOn the 7th of November, Pehr Oscarson bought around 10k shares on-market at roughly €12.49 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €474k worth in shares.New Risk • Nov 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: kr4.04 (vs kr3.11 in 3Q 2023)Third quarter 2024 results: EPS: kr4.04 (up from kr3.11 in 3Q 2023). Revenue: kr4.64b (up 9.0% from 3Q 2023). Net income: kr226.0m (up 30% from 3Q 2023). Profit margin: 4.9% (up from 4.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Oct 19Meko AB (publ) Announces Nomination Committee for 2025 Annual General MeetingMeko AB (publ) announced that the Nomination Committee adopted by the Annual General Meeting 2024, members of the Nomination Committee for the 2025 Annual General Meeting have been appointed. The following members will form the Nomination Committee: Dominick Zarcone appointed by LKQ Corporation; Magnus Sjöqvist appointed by Swedbank Robur Fonder AB; Thomas Wuolikainen appointed by the Fourth Swedish National Pension Fund; Mats Hellström appointed by Nordea Fonder AB. The members of the Nomination Committee will appoint a Committee Chairman at their first meeting. Helena Skåntorp, Board Member of MEKO, has been co-opted to the Nomination Committee.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €11.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total loss to shareholders of 22% over the past three years.Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: kr2.86 (vs kr3.02 in 2Q 2023)Second quarter 2024 results: EPS: kr2.86 (down from kr3.02 in 2Q 2023). Revenue: kr4.76b (up 6.9% from 2Q 2023). Net income: kr160.0m (down 5.3% from 2Q 2023). Profit margin: 3.4% (down from 3.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 16% per year.공시 • Aug 02Meko AB (publ) (OM:MEKO) completed the acquisition of ELIT Polska sp. z o. o. from Rhiag - Inter Auto Parts Italia S.R.L.Meko AB (publ) (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from Rhiag - Inter Auto Parts Italia S.R.L. on May 10, 2024. Elit Polska’s 2023 revenue was approximately PLN 429 million. MEKO is acquiring all shares in Elit Polska, where the company’s 485 employees will join MEKO’s organization, enabling an even stronger offering to Polish customers. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals and is subject to obtaining clearance from the President of the Office of Competition and Consumer Protection. Lenner & Partners Corporate Finance AB acted as Fairness Opinion Provider to Meko AB. Lenner & Partners concluded in their analysis that the financial valuation of the transaction is fair. Pawel Zdort, Iwona Her, Marek Kanczew and Marcin Serafin of Rymarz Zdort Maruta acted as legal advisor to Meko. Harald Strom of Nordea Securities AB acted as financial advisor to Meko AB (publ). Meko AB (publ) (OM:MEKO) completed the acquisition of ELIT Polska sp. z o. o. from Rhiag - Inter Auto Parts Italia S.R.L. on August 1, 2024. Following a standard regulatory review, the acquisition has now been approved and the agreement finalized.공시 • Jul 09Meko AB (publ) acquired Automeister A SMeko AB (publ) agreed to acquire Automeister A S on July 8, 2024.Meko AB (publ) completed acquistiion of Automeister A S on July 8, 2024.공시 • Jul 02Meko AB (publ) Announces Step Down of Michael Løve as Board MemberMeko AB (publ) announced that Michael Løve has informed the board that he is stepping down from his role as a board member to fully focus on his duties as CEO of the Danish energy company OK. Michael Løve was elected to MEKO's board in 2020 and has also held the position of CEO of OK in Denmark during this time. The recruitment of a replacement will begin immediately.Board Change • May 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Michael Love was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • May 20President & CEO recently bought €105k worth of stockOn the 17th of May, Pehr Oscarson bought around 10k shares on-market at roughly €10.49 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €648k worth in shares.Declared Dividend • May 19Dividend of kr1.85 announcedShareholders will receive a dividend of kr1.85. Ex-date: 15th November 2024 Payment date: 21st November 2024 Dividend yield will be 20%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 18+ 1 more updateMeko AB (Publ) Approves Dividend, Payable on 23 May 2024 and 21 November 2024 RespectivelyMeko AB (publ) announced at annual general meeting held on 16 May 2024, the shareholders resolved on a dividend of SEK 3.70 per share. The dividend shall be paid in two instalments - with SEK 1.85 in May and SEK 1.85 in November. The remaining amount is carried forward to the new account. The record date for the first instalment was set at 20 May 2024 and the second instalment was set at 18 November 2024, which means that the dividend is expected to be paid out through Euroclear Sweden AB on 23 May 2024 and 21 November 2024 respectively.Reported Earnings • May 17First quarter 2024 earnings released: EPS: kr0.93 (vs kr1.43 in 1Q 2023)First quarter 2024 results: EPS: kr0.93 (down from kr1.43 in 1Q 2023). Revenue: kr4.39b (up 8.3% from 1Q 2023). Net income: kr52.0m (down 35% from 1Q 2023). Profit margin: 1.2% (down from 2.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.공시 • May 11Meko AB (publ) (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from LKQ Corporation (NasdaqGS:LKQ).Meko AB (publ) (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from LKQ Corporation (NasdaqGS:LKQ) on May 10, 2024. Elit Polska’s 2023 revenue was approximately PLN 429 million. MEKO is acquiring all shares in Elit Polska, where the company’s 485 employees will join MEKO’s organization, enabling an even stronger offering to Polish customers. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Additionally, the independent board engaged Lenner & Partners Corporate Finance AB for an independent assessment of the transaction's valuation. Lenner & Partners concluded in their analysis that the financial valuation of the transaction is fair.Upcoming Dividend • May 10Upcoming dividend of kr1.85 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 23 May 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%).공시 • Apr 11Meko AB (publ) Proposes Dividend, Payable on May 23, 2024 and November 21, 2024The board of Meko AB (publ) proposed at the AGM to be held on, 16 May 2024, a dividend of SEK 3.70 per share be paid. The dividend is proposed to be paid in two instalments - the first of SEK 1.85 with record date 20 May 2024 and the second of SEK 1.85 with record date 18 November 2024. With the proposed record dates, the first instalment of the dividend is expected to be distributed by Euroclear Sweden AB on 23 May 2024 and the second instalment on 21 November 2024.공시 • Mar 28Meko AB (publ) to Report Fiscal Year 2023 Final Results on Mar 27, 2024Meko AB (publ) announced that they will report fiscal year 2023 final results on Mar 27, 2024Reported Earnings • Mar 28Full year 2023 earnings released: EPS: kr7.49 (vs kr8.12 in FY 2022)Full year 2023 results: EPS: kr7.49 (down from kr8.12 in FY 2022). Revenue: kr17.3b (up 20% from FY 2022). Net income: kr419.0m (down 7.7% from FY 2022). Profit margin: 2.4% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year.Declared Dividend • Feb 26Final dividend of kr1.85 announcedShareholders will receive a dividend of kr1.85. Ex-date: 17th May 2024 Payment date: 23rd May 2024 Dividend yield will be 20%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Feb 16President & CEO recently bought €194k worth of stockOn the 14th of February, Pehr Oscarson bought around 20k shares on-market at roughly €9.68 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €597k worth in shares.Reported Earnings • Feb 15Full year 2023 earnings released: EPS: kr7.50 (vs kr8.12 in FY 2022)Full year 2023 results: EPS: kr7.50 (down from kr8.12 in FY 2022). Revenue: kr17.3b (up 20% from FY 2022). Net income: kr419.0m (down 7.7% from FY 2022). Profit margin: 2.4% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Feb 15Meko AB (Publ) Proposes DividendMeko AB (publ) proposed a dividend of SEK 3.70 (3.30) per share, corresponding to a total dividend of SEK 207 million (186). Payment of the dividend is proposed to take place in two installments, SEK 1.85 in May and SEK 1.85 in November.Upcoming Dividend • Nov 15Upcoming dividend of kr2.20 per share at 3.2% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 28 November 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (3.0%).공시 • Nov 15MEKO AB (publ) Appoints Christer Johansson as Chief Financial Officer, Effective February 19, 2024MEKO AB (publ) has appointed Christer Johansson as its new Chief Financial Officer. With his extensive experience in finance and controlling, Christer Johansson will be instrumental in further strengthening MEKO's position. He will assume his new role on February 19, 2024. Currently serving as the Vice President of Business Control at Northvolt, Christer Johansson has an impressive track record, including a previous role as CFO at Hoist Finance. He also has a background as the Head of Ventures Office at SEB bank and as an advisor at the consulting firm McKinsey. Christer Johansson will begin his tenure on February 19, 2024.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: kr3.11 (vs kr2.24 in 3Q 2022)Third quarter 2023 results: EPS: kr3.11 (up from kr2.24 in 3Q 2022). Revenue: kr4.26b (up 14% from 3Q 2022). Net income: kr174.0m (up 39% from 3Q 2022). Profit margin: 4.1% (up from 3.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.공시 • Nov 10+ 3 more updatesMeko AB (publ) to Report Q1, 2024 Results on May 16, 2024Meko AB (publ) announced that they will report Q1, 2024 results on May 16, 2024공시 • Nov 09Meko AB (publ), Annual General Meeting, May 16, 2024Meko AB (publ), Annual General Meeting, May 16, 2024.공시 • Oct 05MEKO Appoints Anders Oxelström as New Director of Communications, Effective December 18, 2023MEKO has appointed Anders Oxelström as the new Director of Communications. With a solid background as a leader in some of Sweden's larger media organizations and years of advising major Swedish publicly traded companies, Anders Oxelström will play an important role in enhancing MEKO's communication. He will assume his position on December 18th. Anders Oxelström has previously held positions including Senior News Director and Deputy Editor-in-Chief at Dagens Nyheter, Head and Editor-in-Chief for TV 4 News, and Head of the investigative program "Kalla Fakta" on the same channel. He is a partner and advisor at the communication firm Kreab, where for several years he has provided strategic communication advice to executive teams in listed companies. In 2023, he also served as the interim Communications Director at MEKO, a role he will assume permanently from December 18th onwards.Recent Insider Transactions • Sep 29President & CEO recently bought €80k worth of stockOn the 27th of September, Pehr Oscarson bought around 10k shares on-market at roughly €7.95 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €87k. Pehr has been a buyer over the last 12 months, purchasing a net total of €558k worth in shares.공시 • Sep 26Meko AB (publ) Announces Establishment of Nomination CommitteeMeko AB (publ) announced that in accordance with the resolution of the Annual General Meeting on May 23, 2023, MEKO has established a Nomination Committee. This Committee shall prepare and submit proposals to the Annual General Meeting 2024, regarding: the election of a Chairman of the Annual General Meeting, the number of Board members and deputies, the election of the Chairman of the Board and other Board members, Board fees and any remuneration for committee work, the election of and fees for auditors, and guidelines for appointment of the Nomination Committee The Nomination Committee prior to the 2024 Annual General Meeting comprises Nick Zarcone appointed by LKQ Corporation, Magnus Sjöqvist appointed by Swedbank Robur Fonder AB, Thomas Wuolikainen appointed by the Fourth Swedish National Pension Fund "Fjärde AP-fonden" and Erik Nordström appointed by Didner & Gerge Fonder AB. The members of the Nomination Committee will appoint a Committee Chairman at their first meeting. MEKO´s board member, Helena Skåntorp, has been co-opted to the Nomination Committee.Recent Insider Transactions • Aug 27President & CEO recently bought €87k worth of stockOn the 23rd of August, Pehr Oscarson bought around 10k shares on-market at roughly €8.69 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €679k worth in shares.Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: kr3.02 (vs kr1.73 in 2Q 2022)Second quarter 2023 results: EPS: kr3.02 (up from kr1.73 in 2Q 2022). Revenue: kr4.45b (up 30% from 2Q 2022). Net income: kr169.0m (up 74% from 2Q 2022). Profit margin: 3.8% (up from 2.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Recent Insider Transactions • May 29President & CEO recently bought €92k worth of stockOn the 26th of May, Pehr Oscarson bought around 10k shares on-market at roughly €9.22 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €105k. Pehr has been a buyer over the last 12 months, purchasing a net total of €997k worth in shares.공시 • May 25AB Sagax (publ) (OM:SAGA A) acquired 6 central warehouse properties in Finland from Meko AB (publ) (OM:MEKO) for EUR 36.5 million.AB Sagax (publ) (OM:SAGA A) acquired 6 central warehouse properties in Finland from Meko AB (publ) (OM:MEKO) for EUR 36.5 million on May 24, 2023.AB Sagax (publ) (OM:SAGA A) completed the acquisition of 6 central warehouse properties in Finland from Meko AB (publ) (OM:MEKO) on May 24, 2023.공시 • May 24+ 1 more updateMeko AB (Publ) Approves Dividend, Payable on May 30, 2023 and November 28, 2023 RespectivelyMeko AB (publ) announced at the AGM held on May 23, 2022, approved on a dividend of SEK 3.30 per share. The dividend shall be paid in two instalments - with 1.10 SEK in May and 2.20 in November. The remaining amount is carried forward to the new account. The record date for the first instalment was set at 25 May 2023 and the second instalment was set at 23 November 2023, which means that the dividend is expected to be paid out through Euroclear Sweden AB on 30 May and 28 November respectively.공시 • May 19Åsa Källenius Resigns as Chief Finance Officer in Meko AB (publ)Åsa Källenius is leaving her position as MEKO's Chief Finance Officer at her own request to take on a new assignment outside the group. The process of recruiting a new CFO will begin immediately and Åsa Källenius will remain in her role until a successor is appointed. The recruitment process to appoint a new CFO will begin immediately. Until a successor is appointed, Åsa Källenius will remain in her role.Recent Insider Transactions • May 18President & CEO recently bought €105k worth of stockOn the 16th of May, Pehr Oscarson bought around 10k shares on-market at roughly €10.48 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €905k worth in shares.Upcoming Dividend • May 17Upcoming dividend of kr1.10 per share at 2.8% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.7%).Reported Earnings • May 16First quarter 2023 earnings released: EPS: kr1.43 (vs kr2.11 in 1Q 2022)First quarter 2023 results: EPS: kr1.43 (down from kr2.11 in 1Q 2022). Revenue: kr4.05b (up 26% from 1Q 2022). Net income: kr80.0m (down 32% from 1Q 2022). Profit margin: 2.0% (down from 3.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 06Full year 2022 earnings released: EPS: kr8.12 (vs kr10.21 in FY 2021)Full year 2022 results: EPS: kr8.12 (down from kr10.21 in FY 2021). Revenue: kr14.4b (up 15% from FY 2021). Net income: kr454.0m (down 21% from FY 2021). Profit margin: 3.2% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Feb 17President & CEO recently bought €155k worth of stockOn the 15th of February, Pehr Oscarson bought around 15k shares on-market at roughly €10.30 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €800k worth in shares.공시 • Feb 16+ 4 more updatesMeko AB to Report Fiscal Year 2023 Results on Feb 14, 2024Meko AB announced that they will report fiscal year 2023 results on Feb 14, 2024Reported Earnings • Feb 16Full year 2022 earnings released: EPS: kr8.12 (vs kr10.21 in FY 2021)Full year 2022 results: EPS: kr8.12 (down from kr10.21 in FY 2021). Revenue: kr14.4b (up 15% from FY 2021). Net income: kr454.0m (down 21% from FY 2021). Profit margin: 3.2% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.공시 • Feb 15Meko AB Proposes Dividend for the Year 2022Meko AB proposes a dividend of SEK 3.30 (3.00) to be paid in two installments, 1.10 in May and 2.20 in November.공시 • Nov 17Meko AB Launches User-Friendly Booking Solution for Car Services in Northern EuropeMeko AB launches a new digital booking system that makes it easier for the car owner to book car services. The booking system will be implemented in all MEKO workshop chains from 2023 to improve the customer journey and increase the number of digital bookings. The solution will be offered to other companies with car-related services that want to increase the number of digital bookings. The booking solution will be used throughout Northern Europe as MEKO plans to implement the solution in all business areas and markets from 2023. As it is a white label solution, it can be used by several businesses regardless of brand, the difference for the car owner is function, guidance, flexibility, and transparency.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Eivor Andersson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 03Third quarter 2022 earnings released: EPS: kr2.23 (vs kr3.02 in 3Q 2021)Third quarter 2022 results: EPS: kr2.23 (down from kr3.02 in 3Q 2021). Revenue: kr3.74b (up 24% from 3Q 2021). Net income: kr125.0m (down 26% from 3Q 2021). Profit margin: 3.3% (down from 5.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공시 • Sep 25Pehr Oscarsson acquired Meko AB (OM:MEKO) SEK 1.30 million.Pehr Oscarsson acquired Meko AB (OM:MEKO) SEK 1.30 million on 22 September 2022. Chief executive officer Pehr Oscarsson of Meko AB acquired 0.015 million Pehr Oscarsson completed the acquisition of Meko AB (OM:MEKO) on 22 September 2022.공시 • Sep 16Meko AB Establishes Nomination CommitteeIn accordance with the resolution of the Annual General Meeting on May 20, 2022, MEKO has established a Nomination Committee. The Nomination Committee prior to the 2023 Annual General Meeting comprises Robert Hanser appointed by LKQ Corporation, Caroline Sjösten appointed by Swedbank Robur Fonder AB, Thomas Wuolikainen appointed by the Fourth Swedish National Pension Fund "Fjärde AP-fonden" and Kristian Åkesson appointed by Didner & Gerge Fonder AB. The members of the Nomination Committee will appoint a Committee Chairman at their first meeting. MEKO´s board member, Helena Skåntorp, has been co-opted to the Nomination Committee.Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: kr1.73 (vs kr3.24 in 2Q 2021)Second quarter 2022 results: EPS: kr1.73 (down from kr3.24 in 2Q 2021). Revenue: kr3.42b (up 4.7% from 2Q 2021). Net income: kr97.0m (down 47% from 2Q 2021). Profit margin: 2.8% (down from 5.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Jul 02Meko AB (OM : MEKO) acquired Koivunen Oy for enterprise value of SEK 1.3 billion.Meko AB (OM : MEKO) entered into an agreement to acquire Koivunen Oy for enterprise value of SEK 1.3 billion on June 14, 2022. The enterprise value is SEK 1,280 million on a cash and debt free basis. The acquisition will be financed in cash through existing liquidity and bank facilities. Koivunen will continue to operate as a stand-alone business. Koivunen had net sales of approximately SEK 1,740 million and an EBIT of approximately SEK 98 million during the financial year 2021. The acquisition is expected to be completed during the third quarter of 2022. The acquisition is expected to have a positive effect on MEKO's earnings per share of SEK 1.50 - 2.00 and generate yearly recurring synergies of SEK 40 million with full effect expected during 2024. SEB Corporate Finance acted as financial advisor to MEKO in relation to the acquisition. Hannes Snellman acted as legal advisor in relation to the acquisition. Meko AB (OM : MEKO) completed the acquisition of Koivunen Oy on July 1, 2022.Recent Insider Transactions • Jun 25Chairman of Board recently bought €84k worth of stockOn the 21st of June, Robert Hanser bought around 9k shares on-market at roughly €9.78 per share. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.공시 • Jun 16Meko AB (OM : MEKO) entered into an agreement to acquire Koivunen Oy for enterprise value of SEK 1.3 billion.Meko AB (OM : MEKO) entered into an agreement to acquire Koivunen Oy for enterprise value of SEK 1.3 billion on June 14, 2022. The enterprise value is SEK 1,280 million on a cash and debt free basis. The acquisition will be financed in cash through existing liquidity and bank facilities. Koivunen will continue to operate as a stand-alone business. Koivunen had net sales of approximately SEK 1,740 million and an EBIT of approximately SEK 98 million during the financial year 2021. The acquisition is expected to be completed during the third quarter of 2022. The acquisition is expected to have a positive effect on MEKO's earnings per share of SEK 1.50 - 2.00 and generate yearly recurring synergies of SEK 40 million with full effect expected during 2024. SEB Corporate Finance acted as financial advisor to MEKO in relation to the acquisition. Hannes Snellman acted as legal advisor in relation to the acquisition.공시 • May 21Mekonomen AB (Publ) Resolves on Dividend, Payable on May 30, 2022Mekonomen AB (publ) resolved on a dividend of SEK 3.00 per share. The record date to receive dividends was set at May 24, 2022. Dividends are expected to be paid out through Euroclear Sweden AB on May 30, 2022 at the Annual General Meeting held on May 20, 2022.Reported Earnings • May 12First quarter 2022 earnings released: EPS: kr2.11 (vs kr1.85 in 1Q 2021)First quarter 2022 results: EPS: kr2.11 (up from kr1.85 in 1Q 2021). Revenue: kr3.23b (up 5.5% from 1Q 2021). Net income: kr118.0m (up 14% from 1Q 2021). Profit margin: 3.7% (up from 3.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.8%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 18% per year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Eivor Andersson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 20Mekonomen AB (publ) Proposes Dividend, Payable on 30 May 2022The board of Mekonomen AB (publ) proposed a dividend of SEK 3.00 per share and the record date to receive the dividend shall be 24 May 2022. With the proposed record date, the dividend is expected to be distributed by Euroclear Sweden AB on 30 May 2022.Reported Earnings • Apr 11Full year 2021 earnings released: EPS: kr10.21 (vs kr7.67 in FY 2020)Full year 2021 results: EPS: kr10.21 (up from kr7.67 in FY 2020). Revenue: kr12.6b (up 7.3% from FY 2020). Net income: kr572.0m (up 32% from FY 2020). Profit margin: 4.6% (up from 3.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.7%, compared to a 14% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year.Reported Earnings • Feb 12Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr10.21 (up from kr7.67 in FY 2020). Revenue: kr12.6b (up 7.3% from FY 2020). Net income: kr572.0m (up 32% from FY 2020). Profit margin: 4.6% (up from 3.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to stay flat compared to a 17% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 25% per year.공시 • Feb 11Mekonomen AB (publ) Proposes a Dividend for 2021The Board of Directors of Mekonomen AB (publ) proposed a dividend of SEK 3.00 per share for 2021.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €14.91, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.73 per share.Reported Earnings • Oct 30Third quarter 2021 earnings released: EPS kr3.02 (vs kr2.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr3.01b (up 3.9% from 3Q 2020). Net income: kr169.0m (up 37% from 3Q 2020). Profit margin: 5.6% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.Recent Insider Transactions • Sep 04President & CEO recently bought €49k worth of stockOn the 27th of August, Pehr Oscarson bought around 3k shares on-market at roughly €15.94 per share. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €206k worth in shares.Recent Insider Transactions • Aug 29President & CEO recently bought €49k worth of stockOn the 27th of August, Pehr Oscarson bought around 3k shares on-market at roughly €15.94 per share. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €206k worth in shares.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to €16.52, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.17 per share.Recent Insider Transactions • Aug 27President & CEO recently bought €47k worth of stockOn the 20th of August, Pehr Oscarson bought around 3k shares on-market at roughly €15.78 per share. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €157k worth in shares.Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS kr3.24 (vs kr2.49 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr3.26b (up 11% from 2Q 2020). Net income: kr182.0m (up 30% from 2Q 2020). Profit margin: 5.6% (up from 4.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.Executive Departure • May 12Independent Director has left the companyOn the 7th of May, Arja Taaveniku's tenure as Independent Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Arja's name. A total of 2 executives have left over the last 12 months.Executive Departure • May 12Chairman of the Board John Quinn has left the companyOn the 7th of May, John Quinn's tenure as Chairman of the Board ended after 4.0 years in the role. We don't have any record of a personal shareholding under John's name. A total of 2 executives have left over the last 12 months.Reported Earnings • May 08First quarter 2021 earnings released: EPS kr1.85 (vs kr0.28 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr3.06b (up 4.8% from 1Q 2020). Net income: kr104.0m (up kr120.0m from 1Q 2020). Profit margin: 3.4% (up from net loss in 1Q 2020).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to kr12.97, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total returns to shareholders of 210% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €17.01 per share.Reported Earnings • Apr 04Full year 2020 earnings released: EPS kr7.67 (vs kr7.33 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr11.7b (down 2.6% from FY 2019). Net income: kr432.0m (up 4.6% from FY 2019). Profit margin: 3.7% (up from 3.4% in FY 2019). The increase in margin was driven by lower expenses.이익 및 매출 성장 예측DB:1OM - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202819,6926621,4041,641112/31/202719,3845971,3471,520212/31/202618,8364471,4871,63623/31/202618,240431,3611,576N/A12/31/202518,367367281,013N/A9/30/202518,529427121,018N/A6/30/202518,679262475768N/A3/31/202518,837429710969N/A12/31/202418,5494331,1631,376N/A9/30/202418,3064331,1051,301N/A6/30/202417,9223821,5121,723N/A3/31/202417,6163911,2891,510N/A12/31/202317,2784191,0211,252N/A9/30/202316,7685371,4071,439N/A6/30/202316,2554881,2651,312N/A3/31/202315,2174161,0511,213N/A12/31/202214,3914548401,048N/A9/30/202213,602457952914N/A6/30/202212,872501811891N/A3/31/202212,720586871910N/A12/31/202112,5525721,0531,227N/A9/30/202112,2736401,0821,408N/A6/30/202112,1585941,1111,479N/A3/31/202111,8425521,4341,742N/A12/31/202011,7014321,4731,625N/A9/30/202011,7573031,2041,454N/A6/30/202011,7892901,2281,358N/A3/31/202011,9863039041,046N/A12/31/201912,017413N/A1,142N/A9/30/201911,945366N/A986N/A6/30/201910,901339N/A605N/A3/31/20199,430313N/A483N/A12/31/20187,951260N/A331N/A9/30/20186,536326N/A531N/A6/30/20186,063330N/A565N/A3/31/20185,951318N/A465N/A12/31/20176,000361N/A496N/A9/30/20175,997352N/A458N/A6/30/20176,016344N/A458N/A3/31/20176,029337N/A551N/A12/31/20165,934335N/A544N/A9/30/20165,876346N/A531N/A6/30/20165,849375N/A608N/A3/31/20165,802402N/A516N/A12/31/20155,761423N/A439N/A9/30/20155,688449N/A422N/A6/30/20155,622474N/A380N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1OM 의 연간 예상 수익 증가율(48.1%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 1OM 의 연간 수익(48.1%)이 German 시장(17.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 1OM 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 1OM 의 수익(연간 2.9%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 1OM 의 수익(연간 2.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1OM의 자본 수익률은 3년 후 9.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YRetail 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 06:33종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Meko AB (publ)는 9명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kristian KierkegaardABG Sundal Collier SponsoredMikael LöfdahlCarnegie Investment Bank ABNathan PowellCFRA Research6명의 분석가 더 보기
Board Change • May 20Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (6 non-independent directors). Executive Vice Chairman Magnus Håkansson is the most experienced director on the board, commencing their role in 2017. Independent Director Jörn Werner was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Apr 23Meko AB (publ) to Report Q1, 2026 Results on May 07, 2026Meko AB (publ) announced that they will report Q1, 2026 results at 7:30 AM, Central European Standard Time on May 07, 2026
공시 • Feb 12+ 3 more updatesMeko AB (publ) to Report Fiscal Year 2026 Results on Feb 11, 2027Meko AB (publ) announced that they will report fiscal year 2026 results on Feb 11, 2027
공시 • Jan 29Meko AB (publ) to Report Fiscal Year 2025 Results on Feb 12, 2026Meko AB (publ) announced that they will report fiscal year 2025 results at 7:30 AM, Central European Standard Time on Feb 12, 2026
공시 • Nov 13Meko AB (publ), Annual General Meeting, May 07, 2026Meko AB (publ), Annual General Meeting, May 07, 2026.
공시 • Oct 30Meko AB (publ) to Report Q3, 2025 Results on Nov 13, 2025Meko AB (publ) announced that they will report Q3, 2025 results at 7:30 AM, Central European Standard Time on Nov 13, 2025
공시 • Jul 25Meko AB (Publ) Announces Executive and Directorate ChangesMeko AB (publ) announced reviewing the structure of its Group Management Team to strengthen its commercial focus. As part of this review, a new role as Director of Purchasing and Business Development is being introduced. At the same time, the role of Chief Operating Officer is being discontinued, and the Chief Legal Officer will no longer be part of Group Management. In connection with these changes, Petra Bendelin is leaving her position as Chief Operating Officer to pursue new opportunities outside MEKO. The role of Chief Operating Officer has carried overarching responsibility for operations across the Group. A more commercially focused position is now being established, with Marcus Larsson appointed Interim Director of Purchasing and Business Development. Marcus previously served as Executive Vice President of Mekonomen Group until 2017 and will hold the role until a permanent successor has been appointed. Petra Bendelin has served as MEKO's Chief Operating Officer since 2023 and has also been interim Managing Director of the Swedish operations since 2024. Following her departure, Pehr Oscarson will assume the role of Interim Managing Director of MEKO Sweden alongside his current duties as President and CEO. As part of the same review, the role of Director of Legal Affairs is also being removed from Group Management, which means Robert Hård will no longer be part of MEKO's Group Management Team. All other roles remain unchanged.
공시 • Jul 11Meko AB (publ) to Report Q2, 2025 Results on Jul 25, 2025Meko AB (publ) announced that they will report Q2, 2025 results at 7:30 AM, Central European Standard Time on Jul 25, 2025
공시 • May 15+ 1 more updateMeko AB (Publ) Approves Appointment of Walter Hanley as New Board MemberMeko AB (publ) announced at the AGM held on May 15, 2025, approved Walter Hanley was appointed as a new board member.
공시 • May 13Meko AB (publ) to Report Q1, 2025 Results on May 15, 2025Meko AB (publ) announced that they will report Q1, 2025 results at 7:30 AM, Central European Standard Time on May 15, 2025
공시 • Feb 14Meko AB (publ), Annual General Meeting, May 15, 2025Meko AB (publ), Annual General Meeting, May 15, 2025.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Eivor Andersson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Dec 20Meko AB (publ) Appoints Marie Björklund and Jörn Werner as New Members of the Board of DirectorsMeko AB (publ) at tis Extraordinary General Meeting held on 19 December 2024, appointed Marie Björklund and Jörn Werner as new members of the company's Board of Directors. For the period until the Annual General Meeting 2025, the Board consist of Dominick Zarcone (Chairman), Eivor Andersson, Kenny Bräck, Magnus Håkansson, Robert Reppa and Helena Skåntorp, elected at the Annual General Meeting 2024, as well as Jörn Werner and Marie Björklund.
Recent Insider Transactions • Nov 12President & CEO recently bought €125k worth of stockOn the 7th of November, Pehr Oscarson bought around 10k shares on-market at roughly €12.49 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €474k worth in shares.
New Risk • Nov 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: kr4.04 (vs kr3.11 in 3Q 2023)Third quarter 2024 results: EPS: kr4.04 (up from kr3.11 in 3Q 2023). Revenue: kr4.64b (up 9.0% from 3Q 2023). Net income: kr226.0m (up 30% from 3Q 2023). Profit margin: 4.9% (up from 4.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Oct 19Meko AB (publ) Announces Nomination Committee for 2025 Annual General MeetingMeko AB (publ) announced that the Nomination Committee adopted by the Annual General Meeting 2024, members of the Nomination Committee for the 2025 Annual General Meeting have been appointed. The following members will form the Nomination Committee: Dominick Zarcone appointed by LKQ Corporation; Magnus Sjöqvist appointed by Swedbank Robur Fonder AB; Thomas Wuolikainen appointed by the Fourth Swedish National Pension Fund; Mats Hellström appointed by Nordea Fonder AB. The members of the Nomination Committee will appoint a Committee Chairman at their first meeting. Helena Skåntorp, Board Member of MEKO, has been co-opted to the Nomination Committee.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €11.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total loss to shareholders of 22% over the past three years.
Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: kr2.86 (vs kr3.02 in 2Q 2023)Second quarter 2024 results: EPS: kr2.86 (down from kr3.02 in 2Q 2023). Revenue: kr4.76b (up 6.9% from 2Q 2023). Net income: kr160.0m (down 5.3% from 2Q 2023). Profit margin: 3.4% (down from 3.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 16% per year.
공시 • Aug 02Meko AB (publ) (OM:MEKO) completed the acquisition of ELIT Polska sp. z o. o. from Rhiag - Inter Auto Parts Italia S.R.L.Meko AB (publ) (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from Rhiag - Inter Auto Parts Italia S.R.L. on May 10, 2024. Elit Polska’s 2023 revenue was approximately PLN 429 million. MEKO is acquiring all shares in Elit Polska, where the company’s 485 employees will join MEKO’s organization, enabling an even stronger offering to Polish customers. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals and is subject to obtaining clearance from the President of the Office of Competition and Consumer Protection. Lenner & Partners Corporate Finance AB acted as Fairness Opinion Provider to Meko AB. Lenner & Partners concluded in their analysis that the financial valuation of the transaction is fair. Pawel Zdort, Iwona Her, Marek Kanczew and Marcin Serafin of Rymarz Zdort Maruta acted as legal advisor to Meko. Harald Strom of Nordea Securities AB acted as financial advisor to Meko AB (publ). Meko AB (publ) (OM:MEKO) completed the acquisition of ELIT Polska sp. z o. o. from Rhiag - Inter Auto Parts Italia S.R.L. on August 1, 2024. Following a standard regulatory review, the acquisition has now been approved and the agreement finalized.
공시 • Jul 09Meko AB (publ) acquired Automeister A SMeko AB (publ) agreed to acquire Automeister A S on July 8, 2024.Meko AB (publ) completed acquistiion of Automeister A S on July 8, 2024.
공시 • Jul 02Meko AB (publ) Announces Step Down of Michael Løve as Board MemberMeko AB (publ) announced that Michael Løve has informed the board that he is stepping down from his role as a board member to fully focus on his duties as CEO of the Danish energy company OK. Michael Løve was elected to MEKO's board in 2020 and has also held the position of CEO of OK in Denmark during this time. The recruitment of a replacement will begin immediately.
Board Change • May 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Michael Love was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • May 20President & CEO recently bought €105k worth of stockOn the 17th of May, Pehr Oscarson bought around 10k shares on-market at roughly €10.49 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €648k worth in shares.
Declared Dividend • May 19Dividend of kr1.85 announcedShareholders will receive a dividend of kr1.85. Ex-date: 15th November 2024 Payment date: 21st November 2024 Dividend yield will be 20%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 18+ 1 more updateMeko AB (Publ) Approves Dividend, Payable on 23 May 2024 and 21 November 2024 RespectivelyMeko AB (publ) announced at annual general meeting held on 16 May 2024, the shareholders resolved on a dividend of SEK 3.70 per share. The dividend shall be paid in two instalments - with SEK 1.85 in May and SEK 1.85 in November. The remaining amount is carried forward to the new account. The record date for the first instalment was set at 20 May 2024 and the second instalment was set at 18 November 2024, which means that the dividend is expected to be paid out through Euroclear Sweden AB on 23 May 2024 and 21 November 2024 respectively.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: kr0.93 (vs kr1.43 in 1Q 2023)First quarter 2024 results: EPS: kr0.93 (down from kr1.43 in 1Q 2023). Revenue: kr4.39b (up 8.3% from 1Q 2023). Net income: kr52.0m (down 35% from 1Q 2023). Profit margin: 1.2% (down from 2.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.
공시 • May 11Meko AB (publ) (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from LKQ Corporation (NasdaqGS:LKQ).Meko AB (publ) (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from LKQ Corporation (NasdaqGS:LKQ) on May 10, 2024. Elit Polska’s 2023 revenue was approximately PLN 429 million. MEKO is acquiring all shares in Elit Polska, where the company’s 485 employees will join MEKO’s organization, enabling an even stronger offering to Polish customers. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Additionally, the independent board engaged Lenner & Partners Corporate Finance AB for an independent assessment of the transaction's valuation. Lenner & Partners concluded in their analysis that the financial valuation of the transaction is fair.
Upcoming Dividend • May 10Upcoming dividend of kr1.85 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 23 May 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%).
공시 • Apr 11Meko AB (publ) Proposes Dividend, Payable on May 23, 2024 and November 21, 2024The board of Meko AB (publ) proposed at the AGM to be held on, 16 May 2024, a dividend of SEK 3.70 per share be paid. The dividend is proposed to be paid in two instalments - the first of SEK 1.85 with record date 20 May 2024 and the second of SEK 1.85 with record date 18 November 2024. With the proposed record dates, the first instalment of the dividend is expected to be distributed by Euroclear Sweden AB on 23 May 2024 and the second instalment on 21 November 2024.
공시 • Mar 28Meko AB (publ) to Report Fiscal Year 2023 Final Results on Mar 27, 2024Meko AB (publ) announced that they will report fiscal year 2023 final results on Mar 27, 2024
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: kr7.49 (vs kr8.12 in FY 2022)Full year 2023 results: EPS: kr7.49 (down from kr8.12 in FY 2022). Revenue: kr17.3b (up 20% from FY 2022). Net income: kr419.0m (down 7.7% from FY 2022). Profit margin: 2.4% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year.
Declared Dividend • Feb 26Final dividend of kr1.85 announcedShareholders will receive a dividend of kr1.85. Ex-date: 17th May 2024 Payment date: 23rd May 2024 Dividend yield will be 20%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Feb 16President & CEO recently bought €194k worth of stockOn the 14th of February, Pehr Oscarson bought around 20k shares on-market at roughly €9.68 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €597k worth in shares.
Reported Earnings • Feb 15Full year 2023 earnings released: EPS: kr7.50 (vs kr8.12 in FY 2022)Full year 2023 results: EPS: kr7.50 (down from kr8.12 in FY 2022). Revenue: kr17.3b (up 20% from FY 2022). Net income: kr419.0m (down 7.7% from FY 2022). Profit margin: 2.4% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Feb 15Meko AB (Publ) Proposes DividendMeko AB (publ) proposed a dividend of SEK 3.70 (3.30) per share, corresponding to a total dividend of SEK 207 million (186). Payment of the dividend is proposed to take place in two installments, SEK 1.85 in May and SEK 1.85 in November.
Upcoming Dividend • Nov 15Upcoming dividend of kr2.20 per share at 3.2% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 28 November 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (3.0%).
공시 • Nov 15MEKO AB (publ) Appoints Christer Johansson as Chief Financial Officer, Effective February 19, 2024MEKO AB (publ) has appointed Christer Johansson as its new Chief Financial Officer. With his extensive experience in finance and controlling, Christer Johansson will be instrumental in further strengthening MEKO's position. He will assume his new role on February 19, 2024. Currently serving as the Vice President of Business Control at Northvolt, Christer Johansson has an impressive track record, including a previous role as CFO at Hoist Finance. He also has a background as the Head of Ventures Office at SEB bank and as an advisor at the consulting firm McKinsey. Christer Johansson will begin his tenure on February 19, 2024.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: kr3.11 (vs kr2.24 in 3Q 2022)Third quarter 2023 results: EPS: kr3.11 (up from kr2.24 in 3Q 2022). Revenue: kr4.26b (up 14% from 3Q 2022). Net income: kr174.0m (up 39% from 3Q 2022). Profit margin: 4.1% (up from 3.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
공시 • Nov 10+ 3 more updatesMeko AB (publ) to Report Q1, 2024 Results on May 16, 2024Meko AB (publ) announced that they will report Q1, 2024 results on May 16, 2024
공시 • Nov 09Meko AB (publ), Annual General Meeting, May 16, 2024Meko AB (publ), Annual General Meeting, May 16, 2024.
공시 • Oct 05MEKO Appoints Anders Oxelström as New Director of Communications, Effective December 18, 2023MEKO has appointed Anders Oxelström as the new Director of Communications. With a solid background as a leader in some of Sweden's larger media organizations and years of advising major Swedish publicly traded companies, Anders Oxelström will play an important role in enhancing MEKO's communication. He will assume his position on December 18th. Anders Oxelström has previously held positions including Senior News Director and Deputy Editor-in-Chief at Dagens Nyheter, Head and Editor-in-Chief for TV 4 News, and Head of the investigative program "Kalla Fakta" on the same channel. He is a partner and advisor at the communication firm Kreab, where for several years he has provided strategic communication advice to executive teams in listed companies. In 2023, he also served as the interim Communications Director at MEKO, a role he will assume permanently from December 18th onwards.
Recent Insider Transactions • Sep 29President & CEO recently bought €80k worth of stockOn the 27th of September, Pehr Oscarson bought around 10k shares on-market at roughly €7.95 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €87k. Pehr has been a buyer over the last 12 months, purchasing a net total of €558k worth in shares.
공시 • Sep 26Meko AB (publ) Announces Establishment of Nomination CommitteeMeko AB (publ) announced that in accordance with the resolution of the Annual General Meeting on May 23, 2023, MEKO has established a Nomination Committee. This Committee shall prepare and submit proposals to the Annual General Meeting 2024, regarding: the election of a Chairman of the Annual General Meeting, the number of Board members and deputies, the election of the Chairman of the Board and other Board members, Board fees and any remuneration for committee work, the election of and fees for auditors, and guidelines for appointment of the Nomination Committee The Nomination Committee prior to the 2024 Annual General Meeting comprises Nick Zarcone appointed by LKQ Corporation, Magnus Sjöqvist appointed by Swedbank Robur Fonder AB, Thomas Wuolikainen appointed by the Fourth Swedish National Pension Fund "Fjärde AP-fonden" and Erik Nordström appointed by Didner & Gerge Fonder AB. The members of the Nomination Committee will appoint a Committee Chairman at their first meeting. MEKO´s board member, Helena Skåntorp, has been co-opted to the Nomination Committee.
Recent Insider Transactions • Aug 27President & CEO recently bought €87k worth of stockOn the 23rd of August, Pehr Oscarson bought around 10k shares on-market at roughly €8.69 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €679k worth in shares.
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: kr3.02 (vs kr1.73 in 2Q 2022)Second quarter 2023 results: EPS: kr3.02 (up from kr1.73 in 2Q 2022). Revenue: kr4.45b (up 30% from 2Q 2022). Net income: kr169.0m (up 74% from 2Q 2022). Profit margin: 3.8% (up from 2.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • May 29President & CEO recently bought €92k worth of stockOn the 26th of May, Pehr Oscarson bought around 10k shares on-market at roughly €9.22 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €105k. Pehr has been a buyer over the last 12 months, purchasing a net total of €997k worth in shares.
공시 • May 25AB Sagax (publ) (OM:SAGA A) acquired 6 central warehouse properties in Finland from Meko AB (publ) (OM:MEKO) for EUR 36.5 million.AB Sagax (publ) (OM:SAGA A) acquired 6 central warehouse properties in Finland from Meko AB (publ) (OM:MEKO) for EUR 36.5 million on May 24, 2023.AB Sagax (publ) (OM:SAGA A) completed the acquisition of 6 central warehouse properties in Finland from Meko AB (publ) (OM:MEKO) on May 24, 2023.
공시 • May 24+ 1 more updateMeko AB (Publ) Approves Dividend, Payable on May 30, 2023 and November 28, 2023 RespectivelyMeko AB (publ) announced at the AGM held on May 23, 2022, approved on a dividend of SEK 3.30 per share. The dividend shall be paid in two instalments - with 1.10 SEK in May and 2.20 in November. The remaining amount is carried forward to the new account. The record date for the first instalment was set at 25 May 2023 and the second instalment was set at 23 November 2023, which means that the dividend is expected to be paid out through Euroclear Sweden AB on 30 May and 28 November respectively.
공시 • May 19Åsa Källenius Resigns as Chief Finance Officer in Meko AB (publ)Åsa Källenius is leaving her position as MEKO's Chief Finance Officer at her own request to take on a new assignment outside the group. The process of recruiting a new CFO will begin immediately and Åsa Källenius will remain in her role until a successor is appointed. The recruitment process to appoint a new CFO will begin immediately. Until a successor is appointed, Åsa Källenius will remain in her role.
Recent Insider Transactions • May 18President & CEO recently bought €105k worth of stockOn the 16th of May, Pehr Oscarson bought around 10k shares on-market at roughly €10.48 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €905k worth in shares.
Upcoming Dividend • May 17Upcoming dividend of kr1.10 per share at 2.8% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.7%).
Reported Earnings • May 16First quarter 2023 earnings released: EPS: kr1.43 (vs kr2.11 in 1Q 2022)First quarter 2023 results: EPS: kr1.43 (down from kr2.11 in 1Q 2022). Revenue: kr4.05b (up 26% from 1Q 2022). Net income: kr80.0m (down 32% from 1Q 2022). Profit margin: 2.0% (down from 3.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 06Full year 2022 earnings released: EPS: kr8.12 (vs kr10.21 in FY 2021)Full year 2022 results: EPS: kr8.12 (down from kr10.21 in FY 2021). Revenue: kr14.4b (up 15% from FY 2021). Net income: kr454.0m (down 21% from FY 2021). Profit margin: 3.2% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Feb 17President & CEO recently bought €155k worth of stockOn the 15th of February, Pehr Oscarson bought around 15k shares on-market at roughly €10.30 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €800k worth in shares.
공시 • Feb 16+ 4 more updatesMeko AB to Report Fiscal Year 2023 Results on Feb 14, 2024Meko AB announced that they will report fiscal year 2023 results on Feb 14, 2024
Reported Earnings • Feb 16Full year 2022 earnings released: EPS: kr8.12 (vs kr10.21 in FY 2021)Full year 2022 results: EPS: kr8.12 (down from kr10.21 in FY 2021). Revenue: kr14.4b (up 15% from FY 2021). Net income: kr454.0m (down 21% from FY 2021). Profit margin: 3.2% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.
공시 • Feb 15Meko AB Proposes Dividend for the Year 2022Meko AB proposes a dividend of SEK 3.30 (3.00) to be paid in two installments, 1.10 in May and 2.20 in November.
공시 • Nov 17Meko AB Launches User-Friendly Booking Solution for Car Services in Northern EuropeMeko AB launches a new digital booking system that makes it easier for the car owner to book car services. The booking system will be implemented in all MEKO workshop chains from 2023 to improve the customer journey and increase the number of digital bookings. The solution will be offered to other companies with car-related services that want to increase the number of digital bookings. The booking solution will be used throughout Northern Europe as MEKO plans to implement the solution in all business areas and markets from 2023. As it is a white label solution, it can be used by several businesses regardless of brand, the difference for the car owner is function, guidance, flexibility, and transparency.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Eivor Andersson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 03Third quarter 2022 earnings released: EPS: kr2.23 (vs kr3.02 in 3Q 2021)Third quarter 2022 results: EPS: kr2.23 (down from kr3.02 in 3Q 2021). Revenue: kr3.74b (up 24% from 3Q 2021). Net income: kr125.0m (down 26% from 3Q 2021). Profit margin: 3.3% (down from 5.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공시 • Sep 25Pehr Oscarsson acquired Meko AB (OM:MEKO) SEK 1.30 million.Pehr Oscarsson acquired Meko AB (OM:MEKO) SEK 1.30 million on 22 September 2022. Chief executive officer Pehr Oscarsson of Meko AB acquired 0.015 million Pehr Oscarsson completed the acquisition of Meko AB (OM:MEKO) on 22 September 2022.
공시 • Sep 16Meko AB Establishes Nomination CommitteeIn accordance with the resolution of the Annual General Meeting on May 20, 2022, MEKO has established a Nomination Committee. The Nomination Committee prior to the 2023 Annual General Meeting comprises Robert Hanser appointed by LKQ Corporation, Caroline Sjösten appointed by Swedbank Robur Fonder AB, Thomas Wuolikainen appointed by the Fourth Swedish National Pension Fund "Fjärde AP-fonden" and Kristian Åkesson appointed by Didner & Gerge Fonder AB. The members of the Nomination Committee will appoint a Committee Chairman at their first meeting. MEKO´s board member, Helena Skåntorp, has been co-opted to the Nomination Committee.
Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: kr1.73 (vs kr3.24 in 2Q 2021)Second quarter 2022 results: EPS: kr1.73 (down from kr3.24 in 2Q 2021). Revenue: kr3.42b (up 4.7% from 2Q 2021). Net income: kr97.0m (down 47% from 2Q 2021). Profit margin: 2.8% (down from 5.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Jul 02Meko AB (OM : MEKO) acquired Koivunen Oy for enterprise value of SEK 1.3 billion.Meko AB (OM : MEKO) entered into an agreement to acquire Koivunen Oy for enterprise value of SEK 1.3 billion on June 14, 2022. The enterprise value is SEK 1,280 million on a cash and debt free basis. The acquisition will be financed in cash through existing liquidity and bank facilities. Koivunen will continue to operate as a stand-alone business. Koivunen had net sales of approximately SEK 1,740 million and an EBIT of approximately SEK 98 million during the financial year 2021. The acquisition is expected to be completed during the third quarter of 2022. The acquisition is expected to have a positive effect on MEKO's earnings per share of SEK 1.50 - 2.00 and generate yearly recurring synergies of SEK 40 million with full effect expected during 2024. SEB Corporate Finance acted as financial advisor to MEKO in relation to the acquisition. Hannes Snellman acted as legal advisor in relation to the acquisition. Meko AB (OM : MEKO) completed the acquisition of Koivunen Oy on July 1, 2022.
Recent Insider Transactions • Jun 25Chairman of Board recently bought €84k worth of stockOn the 21st of June, Robert Hanser bought around 9k shares on-market at roughly €9.78 per share. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
공시 • Jun 16Meko AB (OM : MEKO) entered into an agreement to acquire Koivunen Oy for enterprise value of SEK 1.3 billion.Meko AB (OM : MEKO) entered into an agreement to acquire Koivunen Oy for enterprise value of SEK 1.3 billion on June 14, 2022. The enterprise value is SEK 1,280 million on a cash and debt free basis. The acquisition will be financed in cash through existing liquidity and bank facilities. Koivunen will continue to operate as a stand-alone business. Koivunen had net sales of approximately SEK 1,740 million and an EBIT of approximately SEK 98 million during the financial year 2021. The acquisition is expected to be completed during the third quarter of 2022. The acquisition is expected to have a positive effect on MEKO's earnings per share of SEK 1.50 - 2.00 and generate yearly recurring synergies of SEK 40 million with full effect expected during 2024. SEB Corporate Finance acted as financial advisor to MEKO in relation to the acquisition. Hannes Snellman acted as legal advisor in relation to the acquisition.
공시 • May 21Mekonomen AB (Publ) Resolves on Dividend, Payable on May 30, 2022Mekonomen AB (publ) resolved on a dividend of SEK 3.00 per share. The record date to receive dividends was set at May 24, 2022. Dividends are expected to be paid out through Euroclear Sweden AB on May 30, 2022 at the Annual General Meeting held on May 20, 2022.
Reported Earnings • May 12First quarter 2022 earnings released: EPS: kr2.11 (vs kr1.85 in 1Q 2021)First quarter 2022 results: EPS: kr2.11 (up from kr1.85 in 1Q 2021). Revenue: kr3.23b (up 5.5% from 1Q 2021). Net income: kr118.0m (up 14% from 1Q 2021). Profit margin: 3.7% (up from 3.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.8%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 18% per year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Eivor Andersson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 20Mekonomen AB (publ) Proposes Dividend, Payable on 30 May 2022The board of Mekonomen AB (publ) proposed a dividend of SEK 3.00 per share and the record date to receive the dividend shall be 24 May 2022. With the proposed record date, the dividend is expected to be distributed by Euroclear Sweden AB on 30 May 2022.
Reported Earnings • Apr 11Full year 2021 earnings released: EPS: kr10.21 (vs kr7.67 in FY 2020)Full year 2021 results: EPS: kr10.21 (up from kr7.67 in FY 2020). Revenue: kr12.6b (up 7.3% from FY 2020). Net income: kr572.0m (up 32% from FY 2020). Profit margin: 4.6% (up from 3.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.7%, compared to a 14% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year.
Reported Earnings • Feb 12Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr10.21 (up from kr7.67 in FY 2020). Revenue: kr12.6b (up 7.3% from FY 2020). Net income: kr572.0m (up 32% from FY 2020). Profit margin: 4.6% (up from 3.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to stay flat compared to a 17% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 25% per year.
공시 • Feb 11Mekonomen AB (publ) Proposes a Dividend for 2021The Board of Directors of Mekonomen AB (publ) proposed a dividend of SEK 3.00 per share for 2021.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €14.91, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.73 per share.
Reported Earnings • Oct 30Third quarter 2021 earnings released: EPS kr3.02 (vs kr2.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr3.01b (up 3.9% from 3Q 2020). Net income: kr169.0m (up 37% from 3Q 2020). Profit margin: 5.6% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.
Recent Insider Transactions • Sep 04President & CEO recently bought €49k worth of stockOn the 27th of August, Pehr Oscarson bought around 3k shares on-market at roughly €15.94 per share. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €206k worth in shares.
Recent Insider Transactions • Aug 29President & CEO recently bought €49k worth of stockOn the 27th of August, Pehr Oscarson bought around 3k shares on-market at roughly €15.94 per share. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €206k worth in shares.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to €16.52, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.17 per share.
Recent Insider Transactions • Aug 27President & CEO recently bought €47k worth of stockOn the 20th of August, Pehr Oscarson bought around 3k shares on-market at roughly €15.78 per share. This was the largest purchase by an insider in the last 3 months. Pehr has been a buyer over the last 12 months, purchasing a net total of €157k worth in shares.
Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS kr3.24 (vs kr2.49 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr3.26b (up 11% from 2Q 2020). Net income: kr182.0m (up 30% from 2Q 2020). Profit margin: 5.6% (up from 4.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.
Executive Departure • May 12Independent Director has left the companyOn the 7th of May, Arja Taaveniku's tenure as Independent Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Arja's name. A total of 2 executives have left over the last 12 months.
Executive Departure • May 12Chairman of the Board John Quinn has left the companyOn the 7th of May, John Quinn's tenure as Chairman of the Board ended after 4.0 years in the role. We don't have any record of a personal shareholding under John's name. A total of 2 executives have left over the last 12 months.
Reported Earnings • May 08First quarter 2021 earnings released: EPS kr1.85 (vs kr0.28 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr3.06b (up 4.8% from 1Q 2020). Net income: kr104.0m (up kr120.0m from 1Q 2020). Profit margin: 3.4% (up from net loss in 1Q 2020).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to kr12.97, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total returns to shareholders of 210% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €17.01 per share.
Reported Earnings • Apr 04Full year 2020 earnings released: EPS kr7.67 (vs kr7.33 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr11.7b (down 2.6% from FY 2019). Net income: kr432.0m (up 4.6% from FY 2019). Profit margin: 3.7% (up from 3.4% in FY 2019). The increase in margin was driven by lower expenses.