Company Meko AB

Equities

MEKO

SE0002110064

Auto Vehicles, Parts & Service Retailers

Real-time Estimate Cboe Europe Other stock markets 16:25:00 17/09/2024 BST			5-day change	1st Jan Change
134.40 ^SEK	+1.82%		+2.44%	+22.67%

08-29	Meko Partners with Sustainability Platform Worldfavor	MT
08-22	Transcript : Meko AB, Q2 2024 Earnings Call, Aug 22, 2024

Business description: Meko AB

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: 6,339

Sales by Activity: Meko AB

Fiscal Period: December	2019	2020	2021	2022	2023
Sweden/Norway	-	-	-	6.32B	6.9B
Denmark	3.37B	3.38B	3.48B	3.7B	4.34B
Poland/The Baltics	2.18B	2.01B	2.16B	2.86B	3.69B
Finland	-	-	-	763M	1.59B
SÃ¸rensen Og Balchen (Norway)	801M	833M	915M	917M	970M
MECA/Mekonomen	5.73B	5.6B	6.07B	-	-
Central Functions	183M	233M	166M	170M	65M
Unallocated Other Items	-247M	-296M	-242M	-337M	-273M

See all business segments

Geographical breakdown of sales: Meko AB

Fiscal Period: December	2019	2020	2021	2022	2023
Denmark	3.37B	3.37B	3.48B	3.69B	4.27B
Sweden	3.4B	3.22B	3.56B	3.71B	4.1B
Norway	2.82B	2.8B	3.06B	3.18B	3.41B
Poland	2.16B	1.99B	2.09B	2.42B	2.81B
Finland	60M	91M	111M	728M	1.46B
Estonia	-	-	-	231M	467M
Latvia	-	-	-	60M	155M
Lithuania	-	-	-	36M	91M
Other	31M	37M	7M	5M	8M

See all geographic segments

Managers: Meko AB

Director	Title	Age	Since
Pehr Oscarsson CEO	Chief Executive Officer	61	30/09/16
Christer Johansson DFI	Director of Finance/CFO	45	02-18
Petra Bendelin COO	Chief Operating Officer	46	31/12/09
Robert Hård LAW	General Counsel	58	31/12/02

See MEKO AB governance

Members of the board: Meko AB

Manager	Title	Age	Since
Kenny Bräck BRD	Director/Board Member	58	30/04/07
Helena Margareta Skåntorp BRD	Director/Board Member	64	30/04/04
Magnus Håkansson BRD	Director/Board Member	61	31/12/16
Britt Eivor Andersson BRD	Director/Board Member	63	31/12/17
Michael Lindhart Løve BRD	Director/Board Member	62	06/05/21
Dominick Zarcone CHM	Chairman	65	05-15

Composition of the Board of Directors

Shareholders: Meko AB

Name	Equities	%	Valuation
LKQ CORPORATION 26.59 %	15,001,046	26.59 %	194 M kr
Fjärde AP-fonden 8.693 %	4,904,293	8.693 %	63 M kr
Nordea Investment Management AB 3.201 %	1,806,150	3.201 %	23 M kr
Pahlman Eva Fraim 3.107 %	1,752,698	3.107 %	23 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt) 2.889 %	1,630,053	2.889 %	21 M kr

List of MEKO AB shareholders

Company details: Meko AB

MEKO AB

Solnavägen 4 11th Floor

113 65, Stockholm

+46 84 64 00 20

http://www.mekonomen.se

Group companies: Meko AB

Name	Category and Sector
Inter-Team Sp zoo Inter-Team Sp zoo Wholesale DistributorsDistribution Services Inter-Team Sp zoo engages in the distribution of car parts and sale of repair tools. It also manages a chain of repair shops. The company was founded in 1989 and is headquartered in Warsaw, Poland.	Wholesale Distributors
Mekonomen Services AB Mekonomen Services AB Financial ConglomeratesFinance Part of MEKO AB, Mekonomen Services AB functions as an investment holding Swedish company. The company is based in Stockholm, Sweden.	Financial Conglomerates
Bileko Car Parts AB

See all subsidiaries

Automotive Parts & Accessories Retailers

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
MEKO AB	+1.82%	+2.44%	+41.86%	-18.86%	725M
O'REILLY AUTOMOTIVE, INC	+0.17%	+0.49%	+22.13%	+89.37%	65.59B
AUTOZONE, INC.	+0.51%	-0.44%	+23.64%	+95.77%	52.97B
ADVANCE AUTO PARTS, INC.	+1.00%	+6.45%	-29.48%	-80.07%	2.44B
AUTOBACS SEVEN CO., LTD.	+0.65%	-0.94%	-8.56%	-4.24%	809M
SUNDARAM-CLAYTON LIMITED	+6.84%	+40.97%	-	-	573M
WUHU FORESIGHT TECHNOLOGY CO.,LTD.	+0.42%	-0.19%	-43.48%	-	372M
Average	+1.60%	+6.03%	+1.02%	+16.39%	17.64B
Weighted average by Cap.	+0.35%	+1.03%	+21.47%	+87.51%