Board Change • May 23
Less than half of directors are independent There 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. Duyuru • Apr 23
Meko AB (publ) to Report Q1, 2026 Results on May 07, 2026 Meko AB (publ) announced that they will report Q1, 2026 results at 7:30 AM, Central European Standard Time on May 07, 2026 Duyuru • Jan 29
Meko AB (publ) to Report Fiscal Year 2025 Results on Feb 12, 2026 Meko AB (publ) announced that they will report fiscal year 2025 results at 7:30 AM, Central European Standard Time on Feb 12, 2026 Duyuru • Nov 13
Meko AB (publ), Annual General Meeting, May 07, 2026 Meko AB (publ), Annual General Meeting, May 07, 2026. Duyuru • Oct 30
Meko AB (publ) to Report Q3, 2025 Results on Nov 13, 2025 Meko AB (publ) announced that they will report Q3, 2025 results at 7:30 AM, Central European Standard Time on Nov 13, 2025 Duyuru • Jul 25
Meko AB (Publ) Announces Executive and Directorate Changes Meko 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. Duyuru • Jul 11
Meko AB (publ) to Report Q2, 2025 Results on Jul 25, 2025 Meko AB (publ) announced that they will report Q2, 2025 results at 7:30 AM, Central European Standard Time on Jul 25, 2025 Duyuru • May 13
Meko AB (publ) to Report Q1, 2025 Results on May 15, 2025 Meko AB (publ) announced that they will report Q1, 2025 results at 7:30 AM, Central European Standard Time on May 15, 2025 Duyuru • Feb 14
Meko AB (publ), Annual General Meeting, May 15, 2025 Meko AB (publ), Annual General Meeting, May 15, 2025. Duyuru • Dec 20
Meko AB (publ) Appoints Marie Björklund and Jörn Werner as New Members of the Board of Directors Meko 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. Duyuru • Oct 19
Meko AB (publ) Announces Nomination Committee for 2025 Annual General Meeting Meko 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. Duyuru • Aug 02
Meko 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. Duyuru • Jul 09
Meko AB (publ) acquired Automeister A S Meko 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. Duyuru • Jul 02
Meko AB (publ) Announces Step Down of Michael Løve as Board Member Meko 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. Duyuru • May 11
Meko 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. Duyuru • Apr 11
Meko AB (publ) Proposes Dividend, Payable on May 23, 2024 and November 21, 2024 The 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. Duyuru • Mar 28
Meko AB (publ) to Report Fiscal Year 2023 Final Results on Mar 27, 2024 Meko AB (publ) announced that they will report fiscal year 2023 final results on Mar 27, 2024 Duyuru • Feb 15
Meko AB (Publ) Proposes Dividend Meko 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. Duyuru • Nov 15
MEKO AB (publ) Appoints Christer Johansson as Chief Financial Officer, Effective February 19, 2024 MEKO 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. Duyuru • Nov 09
Meko AB (publ), Annual General Meeting, May 16, 2024 Meko AB (publ), Annual General Meeting, May 16, 2024. Duyuru • Oct 05
MEKO Appoints Anders Oxelström as New Director of Communications, Effective December 18, 2023 MEKO 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. Duyuru • Sep 26
Meko AB (publ) Announces Establishment of Nomination Committee Meko 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 27
President & CEO recently bought kr1.0m worth of stock On the 23rd of August, Pehr Oscarson bought around 10k shares on-market at roughly kr103 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 kr7.6m worth in shares. Reported Earnings • Aug 24
Second 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 2.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year. Duyuru • May 25
AB 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. Duyuru • May 19
Åsa 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. Reported Earnings • Apr 07
Full 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 6.3% growth forecast for the Specialty Retail industry in the United Kingdom. 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 37% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Mar 29
Less than half of directors are independent Following 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. Board Change • Mar 02
Less than half of directors are independent Following 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. Duyuru • Feb 15
Meko AB Proposes Dividend for the Year 2022 Meko 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. Board Change • Jan 11
Less than half of directors are independent Following 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. Board Change • Dec 22
Less than half of directors are independent Following 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. Board Change • Nov 22
Less than half of directors are independent Following 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. Board Change • Sep 26
Less than half of directors are independent Following 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. Board Change • Jul 15
Less than half of directors are independent Following 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. Board Change • Mar 09
Less than half of directors are independent Following 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 • Feb 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat 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. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to stay flat compared to a 12% growth forecast for the retail industry in the United Kingdom. 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 23% per year. Board Change • Feb 11
Less than half of directors are independent Following 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. Board Change • Jan 13
Less than half of directors are independent Following 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. Board Change • Nov 17
Less than half of directors are independent Following 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. Board Change • Sep 06
Less than half of directors are independent Following 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. Recent Insider Transactions • Aug 22
President & CEO recently bought kr480k worth of stock On the 20th of August, Pehr Oscarson bought around 3k shares on-market at roughly kr163 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 kr1.6m worth in shares. Reported Earnings • Aug 21
Second 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 3% per year. Board Change • Aug 19
Less than half of directors are independent Following 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. Executive Departure • May 12
Independent Director has left the company On 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 12
Chairman of the Board John Quinn has left the company On 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 08
First 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). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 19% share price gain to kr135, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 24x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr170 per share. Reported Earnings • Apr 04
Full 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. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 03
New 90-day high: kr116 The company is up 28% from its price of kr90.05 on 03 December 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr158 per share. Recent Insider Transactions • Mar 03
President & CEO recently bought kr1.1m worth of stock On the 1st of March, Pehr Oscarson bought around 10k shares on-market at roughly kr113 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 kr5.1m worth in shares. Reported Earnings • Feb 13
Full 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: kr11.8b (down 2.1% 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. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 14% per year. Analyst Estimate Surprise Post Earnings • Feb 13
Revenue misses expectations Revenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 1.1%, compared to a 5.9% growth forecast for the Specialty Retail industry in the United Kingdom. Is New 90 Day High Low • Feb 10
New 90-day high: kr101 The company is up 4.0% from its price of kr97.20 on 12 November 2020. The British market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr140 per share. Duyuru • Oct 02
Mekonomen Group Recruits Geir Hoff as New Country Manager in Norway Mekonomen Group recruited Geir Hoff as new Country Manager in Norway within the MECA /Mekonomen business area. Geir Hoff takes over as the new Country Manager in Norway within the business area MECA /Mekonen after Torhild Barlaup. Geieir has a distinguished experience within the Swedish retail chain Clas Ohlson, presently as Director of Country Operations, where he is part of Clas Ohlson's Group Management. Geir has also had the role as Director of New Markets and Expansion, as well as Country Manager and Marketing Manager for Clas Ohlson's Norwegian market. 
