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Q1 2020 Mekonomen AB Earnings Call Transcript
Good morning and welcome to the Mekonomen Group Quarter 1 Report 2020. My name is Anna, and I will be your operator to today's meeting. (Operator Instructions) I will now hand you over to CEO, Pehr Oscarson, your host for this meeting. Thank you.
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Thank you. Very welcome, everyone. I'm glad you can join us today. I have Asa Kallenius, CFO, with me. And we're going to guide you through Mekonomen's first quarter in 2020.
We had a solid start in the quarter with growth and EBIT level in line with the same period of last year. But then in March, we started to see clear effects from the COVID-19 pandemic. We acted forcefully and with a broad range of measures to mitigate the effects. Thanks to this, our EBIT level in the end of April is at comparable level at the same period last year.
Mekonomen is an international company that enables mobility. We have done so for decades, and we will do so in the future. We have a stable and proven business
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