Mekonomen releases preliminary results for Q4 2018
Mekonomen Group is expected to report Q4 2018 EBIT in the range of SEK 105-115 M, compared to EBIT of SEK 103 M in Q4 2017, both numbers excluding items affecting comparability and integration costs for newly acquired FTZ and Inter-Team. Expected EBIT is attributable to a weak performance throughout the Group. EBIT for Q4 2018 will be negatively impacted by items affecting comparability of approximately SEK 28 M (neg. 7) referred to inventory charge as well as by integration costs for FTZ and Inter-Team of approximately SEK 25 M (0). The inventory charge of SEK 28 M is related to the