MEKO AB (LTS:0HDJ)

kr 135.1 0 (0%) Market Cap: 7.55 Bil Enterprise Value: 11.93 Bil PE Ratio: 17.25 PB Ratio: 1.16 GF Score: 87/100

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kr100.5 (+6.74%)

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kr103.53 (+1.00%)

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Nov 02, 2022

kr106.9 (+0.19%)

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kr82.9 (-4.52%)

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kr74.6 (+17.34%)

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Q3 2022 Meko AB Earnings Call Transcript

Nov 02, 2022 / 08:00AM GMT

Release Date Price: kr106.9 (+0.19%)

Transcript

Operator

Good day, and thank you for standing by. Welcome to the Meko AB Q3 Report 2022 Conference Call. (Operator Instructions). Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Pehr Oscarson, CEO. Please go ahead.

Pehr Oscarson

Meko AB - President & CEO

Thank you. Good morning, and welcome to the presentation of the third quarter '22. Together with CFO, Asa Kallenius, I will guide you through the results.

We continue to deliver organic growth, which proves our resilience business model, and this is a sign of the strength of our -- for our strategy and long-term profitable growth. We are growing rapidly in the strong Polish and Baltic markets. We have increased our market shares, along with increasing profitability in a successful way.

In Sweden, we experienced a stable market, while we experienced a weaker demand in the Norway and Denmark, especially when we compare to the same quarter last year, which was a very extremely good quarter, especially in

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