Delayed Nasdaq Stockholm 07:59:57 2024-03-28 am EDT 5-day change 1st Jan Change
120.6 SEK +4.87% Intraday chart for Meko AB +1.94% +10.24%

Business Summary

Meko AB, formerly Mekonomen Aktiebolag is a Sweden-based corporate Group that operates and develops business in the automotive aftermarket. The Company is a spare parts distributor with concepts and brands in Northern Europe Denmark, Norway, and Sweden, and Polish market with exports to Germany, the Czech Republic and the Baltics, among others. Meklo operates within four business areas: FTZ, Inter-Team, MECA/Mekonomen and Soerensen og Balchen. The FTZ business area primarily includes wholesale and branch operations in Denmark. The Inter-Team business area primarily includes wholesaling and shop operations in Poland and export operations. The MECA/Mekonomen business area primarily includes wholesale, branch, workshop and fleet operations in Sweden, Norway and Finland. The business area consists of the operations MECA, Mekonomen and a number of smaller operations. The Soerensen og Balchen business area primarily includes wholesale and shop operations in Norway.

Number of employees: 6,259

Sales per Business

SEK in Million2022Weight2023Weight Delta
Sweden/Norway
39.3 %
6,020 42.8 % 6,579 39.3 % +9.29%
Denmark
25.5 %
3,689 26.2 % 4,267 25.5 % +15.67%
Poland/The Baltics
21.0 %
2,748 19.5 % 3,522 21.0 % +28.17%
Finland
8.7 %
728 5.2 % 1,462 8.7 % +100.82%
Sorensen og Balchen (Norway)
5.5 %
877 6.2 % 923 5.5 % +5.25%
Central Functions
0.0 %
5 0.0 % 8 0.0 % +60.00%

Sales per region

SEK in Million2022Weight2023Weight Delta
Denmark
25.5 %
3,689 26.2 % 4,267 25.5 % +15.67%
Sweden
24.4 %
3,712 26.4 % 4,095 24.4 % +10.32%
Norway
20.3 %
3,185 22.6 % 3,408 20.3 % +7.00%
Poland
16.8 %
2,421 17.2 % 2,809 16.8 % +16.03%
Finland
8.7 %
728 5.2 % 1,462 8.7 % +100.82%
Estonia
2.8 %
231 1.6 % 467 2.8 % +102.16%
Latvia
0.9 %
60 0.4 % 155 0.9 % +158.33%
Lithuania
0.5 %
36 0.3 % 91 0.5 % +152.78%
Other
0.0 %
5 0.0 % 8 0.0 % +60.00%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 16-09-30
Director of Finance/CFO 45 Feb. 18
Chief Operating Officer 46 09-12-31
Public Communications Contact - -
General Counsel 58 02-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 17-01-09
Director/Board Member 61 16-12-31
Director/Board Member 64 04-04-30
Chairman 71 21-05-06
Director/Board Member 58 07-04-30
Director/Board Member 62 21-05-06
Director/Board Member 63 17-12-31
Director/Board Member 49 23-05-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 56,416,622 36,792,156 ( 65.22 %) 83,861 ( 0.1486 %) 65.22 %

Shareholders

NameEquities%Valuation
15,001,046 26.59 % 168 M kr
Swedbank Robur Fonder AB
10.80 %
6,094,676 10.80 % 68 M kr
Fjärde AP-fonden
8.693 %
4,904,293 8.693 % 55 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
5.334 %
3,009,531 5.334 % 34 M kr
Didner & Gerge Fonder AB
3.589 %
2,024,518 3.589 % 23 M kr
1,752,698 3.107 % 20 M kr
Nordea Investment Management AB
3.045 %
1,717,628 3.045 % 19 M kr
Dimensional Fund Advisors LP
2.666 %
1,504,159 2.666 % 17 M kr
Van Lanschot Kempen Investment Management (UK) Ltd.
2.602 %
1,467,771 2.602 % 16 M kr
Estate of Ingemar Fraim
1.773 %
1,000,000 1.773 % 11 M kr

Company contact information

MEKO AB

Solnavägen 4 11th Floor

113 65, Stockholm

+46 84 64 00 20

http://www.mekonomen.se
address Meko AB(MEKO)

Group companies

NameCategory and Sector
Wholesale Distributors
Bileko Car Parts AB
Financial Conglomerates

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
120.6 SEK
Average target price
130 SEK
Spread / Average Target
+7.79%
Consensus

Quarterly revenue - Rate of surprise