![]() It is also clear that Mekonomen Workshop Centres are an important factor to the increased growth in the workshop segment.īased on the current market situation, with clear plans for further development, Mekonomen is well equipped for the future. The demand for our workshop services is high and the challenge lies in increasing growth in existing workshops, with more mechanics, as well as more workshops. It is also very gratifying that the MekoPartner chain increased 19 per cent during the third quarter. Sales to Mekonomen Service Centres increased 15 per cent during the third quarter signifying that the Mekonomen Service Centre chain has the strongest growth among workshop chains in Scandinavia. The number of stores during the same period amounted to 224 (215). The number of workshops affiliated to Mekonomen increased and totalled 1,275 (1,197) at the end of the period. The sale of Mekonomen's own branded products remain successful and during the third quarter additional spare parts under the brand name Mekonomen Original was launched. In Sweden, the EBIT margin amounted to 21 per cent (18). During the quarter, a number of new partnerships were initiated, including the workshop chain Fyksen Servicecenter, with five facilities in Norway. Both growth and profitability were attributable to continued efforts in the Mekonomen concept. The EBIT margin amounted to 20 per cent (18). The turnaround in Denmark is evident and the operation is now on a stable profitability level. As in the second quarter of 2010, the strong EBIT margin was partly due to improved gross margin through more efficient purchasing and partly due to cost control throughout the operations.ĮBIT for the third quarter in Denmark rose to 12 per cent (3) and the EBIT margin amounted to 6 per cent (2). Without adjustments, revenues increased 4 per cent to SEK 839 M (808). Mekonomen's EBIT for the third quarter of 2010 increased 41 per cent to SEK 141 M (100) and the EBIT margin amounted to 17 per cent (12).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |