MEKO AB (OSTO:MEKO)
kr 129.2 5.6 (4.54%) Market Cap: 7.28 Bil Enterprise Value: 11.69 Bil PE Ratio: 18.83 PB Ratio: 1.15 GF Score: 88/100
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Q1 2021 Mekonomen AB Earnings Call Transcript

May 07, 2021 / 07:00AM GMT
Release Date Price: kr154.9 (+6.61%)
Operator

Hello, and welcome to the Mekonomen Group conference for the Q1 2021 report. My name is Rosy, and I'll be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions)

I will now hand you over to Pehr Oscarson, CEO, to begin today's conference. Thank you.

Pehr Oscarson;publ;President;CEO
Mekonomen AB

()-&

Thank you, and good morning, and welcome to the presentation of the first quarter 2021. With me here today, I have our CFO, Ãsa Källenius, and we will guide you through the result of the quarter.

I'm very glad to say that we have had a very strong start of the year. This is now the fourth quarter in a row where we deliver on high level. And actually, this is the best Q1 ever. We saw sharply increased growth, better profitability and a strong cash flow in the first quarter. As you all remember, we have had some challenges in the same period last year, making the comparison a little bit complicated.

But a positive trend is very clear. There

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