Interim report January – June 2006

18 August 2006 08:30

· Total revenues for the period rose by 6.4 per cent to SEK 1,212.8 M (1,140.1). · EBIT amounted to SEK 75.4 M (81.8), corresponding to an EBIT margin of 6.2 per cent (7.2). · Non-operating costs totalling SEK 30.4 M (0.9) were charged against the period. EBIT margin after adjustment for these costs amounted to 8.7 per cent. · Net profit for the period amounted to SEK 47.8 M (57.1). · Earnings per share after full dilution and share split amounted to SEK 1.41 (1.71). · On 14 July, Axel Johnson AB signed an agreement on the acquisition of shares corresponding to 29 per cent of the capital and votes and thereby became the new principal owner of Mekonomen AB. This interim report has been prepared pursuant to IAS 34. In this report, changes were made in tables and ratios compared with 2005. In the segment, “revenue” is replaced by “net sales (external)”. The ratio “operating margin” and “gross margin” are now calculated using “net sales (external)”. The purpose of the changes is to make all the ratios in the segment more comparable. The new ratio definitions are presented at the end of the report. Furthermore, certain expressions have been renamed. “Operating revenue” is now called “total revenue”, “operating profit/loss” now ends with “EBIT”, etc. Historical ratios have been re-calculated where appropriate. Mekonomen Mekonomen is Scandinavia’s leading car spare parts chain, offering service centres and motorists a broad selection of spare parts and car accessories. Its competitive edge lies in a network of wholly owned and co-operating stores offering broad geographical coverage, efficient logistics and high service. Inquiries to: Owe Andersson, CEO +46 (0)8-464 00 80, mobile +46 (0)70-534 95 70 owe.andersson@mekonomen.se Olof Johansson, +46 (0)8-464 00 48, mobile +46 (0)70-642 45 80 olof.johansson@mekonomen.se Bengt Holm, +46 (0)8-464 00 16, mobile +46 (0)70-222 79 80 bengt.holm@mekonomen.se