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

Investor webinar replay

Replay transcript excerpt

Thank you, Krister. A few final words from me. During the second quarter, we continued to see clear results from our efforts to improve profitability. Our costs continued to decline and our gross margin increased. We achieved profitability in both Poland and Finland, meaning that all our business areas were profitable during the quarter. Our adjusted EBIT increased by 32% and we reached an adjusted EBIT margin of 5%. We also continue to reduce our leverage, which remains a priority for us. At the same time, overall sales were unchanged, a performance that we want to improve. We therefore continue to work with a number of focused initiatives to drive long-term growth. We do this with a strong foundation on our modern logistic platform, our well-known brands close to the car owners and continued digital innovation. Our ambition is clear. Mieko should strengthen its leading position as the automotive aftermarket continues to evolve. So with that said, thank you for listening and we will now open up for questions. If you wish to ask a question, please dial pound key five on your telephone keypad to enter the queue. If you wish to withdraw your question, please dial pound key six on your telephone keypad. We kindly ask you to mute your phone after having asked your question. The next question comes from Matt's list from Kepler Shoebrew. Please go ahead. Hi, thank you. A couple of questions. First, you talked about the measures to improve sales in Sweden was a bit subdued compared to Vilja, for instance, which generated organic growth. Could you say something there about the first the measures you will sort of implement or have implemented now and also maybe something about the performance during the court in April, May, June, please? Yeah, I'm happy to do so. When it come...