Meko AB (publ) (MEKO) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.091 -- 00:00:01.893 Thank you, Krister. 00:00:01.893 -- 00:00:07.319 A few final words from me. During the second quarter, we continued to see clear results 00:00:07.319 -- 00:00:10.403 from our efforts to improve profitability. 00:00:10.403 -- 00:00:14.608 Our costs continued to decline and our gross margin increased. 00:00:14.608 -- 00:00:18.773 We achieved profitability in both Poland and Finland, meaning that all our business areas 00:00:18.773 -- 00:00:24.419 were profitable during the quarter. Our adjusted EBIT increased by 32% 00:00:24.419 -- 00:00:27.162 and we reached an adjusted EBIT margin of 5%. 00:00:27.162 -- 00:00:32.248 We also continue to reduce our leverage, which remains a priority for 00:00:32.248 -- 00:00:37.394 us. At the same time, overall sales were unchanged, a performance that we want 00:00:37.394 -- 00:00:42.648 to improve. We therefore continue to work with a number of focused initiatives to drive 00:00:42.648 -- 00:00:48.909 long-term growth. We do this with a strong foundation on our modern logistic platform, 00:00:48.909 -- 00:00:54.370 our well-known brands close to the car owners and continued digital innovation. 00:00:54.370 -- 00:01:00.091 Our ambition is clear. Mieko should strengthen its leading position as the automotive 00:01:00.091 -- 00:01:05.152 aftermarket continues to evolve. So with that said, thank you for listening and 00:01:05.152 -- 00:01:08.472 we will now open up for questions. 00:01:09.585 -- 00:01:14.707 If you wish to ask a question, please dial pound key five on your telephone keypad to 00:01:14.707 -- 00:01:19.229 enter the queue. If you wish to withdraw your question, please dial pound key six on 00:01:19.229 -- 00:01:25.051 your telephone keypad. We kindly ask you to mute your phone after havin...