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Mekonomen AB MEKO

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Morningstar’s Analysis

Valuation
Currency in SEK
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Company Profile

Business Description

Mekonomen functions in the car aftermarket, operating car service chains and a wholesale operation. It offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: FTZ (Denmark), Inter-team (Poland), MECA (Sweden/Norway), Mekonomen (Sweden/Norway), and Sorensen og Balchen (Norway). FTZ, Inter-team, and MECA focus on B2B aftermarket sales, specifically to workshops. Mekonomen and Sorensen og Balchen service the consumer market, providing parts and accessories. Mekonomen/MECA generate most of the revenue, followed by FTZ. Affiliated workshops operate under the company's brands: BilXtra, MECA Car Service, Mekonomen Bilverstad, MekoPartner, and Speedy, among others.

Contact
Solnavagen 4, 11th Floor, Box 19542
Stockholm, 104 32, Sweden
T +46 84640000
Sector Industrials
Industry Industrial Distribution
Most Recent Earnings Sep 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 5,053