MEKO

MEKO is a distributor of automotive spare parts, tools, and workshop equipment in the independent aftermarket. The company operates through a network of central warehouses, regional depots, and branches across eight countries: Sweden, Norway, Finland, Denmark, Poland, Estonia, Latvia, and Lithuania. Its business is divided into wholesale and workshop concepts, serving primarily independent workshops, fleet operators, and private car owners. Key brands include Mekonomen, MECA, BilXtra, FTZ, Fixus, Inter-Team, and Sørensen og Balchen. MEKO also offers services for electric vehicles and commercial vehicles, and operates the e-commerce platform Mekster. The company maintains a strategic partnership with Goodyear for tire distribution and services. MEKO has been listed on Nasdaq Stockholm since 2000.

Summarised from the company's own disclosures, fiscal year ended Dec 2025

Industry Auto Parts Homepage meko.com
Sector Consumer Cyclical IR page meko.com
Tags
automotive aftermarket, spare parts distribution, workshop services, vehicle maintenance, electric vehicle service, commercial vehicle parts, tire distribution, e-commerce, Mekonomen, MECA, BilXtra, FTZ, Fixus, Inter-Team, Sørensen og Balchen, Mekster, AutoMester, CarPeople, Automeister, Carstop, MekoPartner, Speedy, Koivunen, MECA Trucks, Balti, Autoosad, HELLA Service Partner, Din Bilpartner, O.K. Serwis, Inter Data Service
Press page meko.com/news/press-releases

Metrics

Valuation  
Market cap kr 3.708B
P/E 102.69
P/BV 0.62
P/S 0.21
P/OCF 3.66
P/FCF —
Dividend yield 5.9%
Turnover / mcap —
Returns  
ROE 0.97%
ROI 0.64%
ROIC 2.6%
Profit margin 0.34%
Growth  
Revenue growing No
Profits growing No
Revenue up 3y No
Revenue up 5y No
Quality  
Profitable Yes
Margin expanding No
Buying back stock No
Diluting (TTM) No
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News sentiment (TTM) 10
Quality score -5.9%
Insiders  
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Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010 FY 2009 FY 2008 FY 2007 FY 2006
Revenue 18.014B 18.046B 17.278B 14.391B 12.552B 11.764B 11.842B 7.779B 5.85B 5.786B 5.624B 5.789B 5.74B 5.292B 4.14B 3.374B 3.257B — — —
Net profit 61M 469M 451M 477M 587M 0 413M 260M 361M 335M 423M 120M 307M 375M 370M 338M 295M — — —

Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010 FY 2009 FY 2008 FY 2007 FY 2006
Share price 72.58 96.3 109.5 83.9 157.23 0 — — — — — — — — — — — — — —
Price performance 12m -0.25 -0.12 0.31 -0.47 3.48 — — — — — — — — — — — — — — —

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MEKO AB MEKO AB

*    [![Svenska](https://meko.com/ig-assets/flags/se.svg) Svenska](https://meko.com/sv/nyheter/nyhetsartikel/2026-10-05-naer-foeretagens-fordon-maaste-rulla-vaexer-behovet-av-smartare-service/ "Svenska")
*    [![Svenska](https://meko.com/ig-assets/flags/se.svg) Svenska](https://meko.com/sv/nyheter/nyhetsartikel/2026-10-05-naer-foeretagens-fordon-maaste-rulla-vaexer-behovet-av-smartare-service/ "Svenska")

Feature

As businesses keep moving, the need for smarter vehicle service grows

05 October 2026

Every day, millions of company-owned vehicles travel Europe’s roads. They deliver packages, transport people, maintain properties, and keep businesses running. But when a vehicle is out of service, the impact extends far beyond the vehicle itself—it can disrupt operations, costing businesses both time and money.

As businesses keep moving, the need for smarter vehicle service grows

That’s one reason why more companies are choosing to consolidate service, repairs, and maintenance under long-term service agreements. For MEKO, this trend has made fleet service one of the fastest growing segments of the automotive aftermarket and a key driver of the company’s long-term growth.

Planned maintenance keeps vehicles — and businesses — moving

For companies that operate large vehicle fleets, service is about much more than a visit to the repair shop. Planning maintenance in advance reduces the risk of unexpected downtime while helping preserve warranties, ensure road safety, and protect vehicle resale value. The result is better cost control, simplified administration, and a fleet that is ready whenever it’s needed.

For the workshops within the MEKO network, these agreements provide a steady flow of work and the opportunity to build long-term customer relationships, creating value for both customers and service providers.

“Our tailored solutions help businesses reduce vehicle costs, minimize downtime, and gain full control over their fleets. Through flexible service agreements and a strong workshop network spanning multiple markets across Northern Europe, we deliver a seamless, high-quality end-to-end solution,” says Emil Lindell, Head of Fleet Solutions at MEKO.

A growing market creates new opportunities

The number of company-owned vehicles continues to rise, while expectations for cost control, sustainability, and administrative efficiency are becoming increasingly demanding. Businesses are looking for more than vehicle service—they want visibility, predictability, and a partner that can take responsibility for the entire fleet.

MEKO meets these needs by providing scheduled maintenance in line with vehicle manufacturers’ recommendations. This reduces the risk of unexpected repairs and gives businesses greater control over their total cost of ownership.

Because maintenance is required throughout a vehicle’s lifecycle, fleet service also creates a stable business built on long-term customer relationships and recurring revenue.

A partner throughout the vehicle lifecycle

When a company chooses to consolidate its vehicle-related services with a single provider, the relationship quickly grows beyond routine maintenance. Tire changes, windshield repairs, inspections, and warranty administration become integrated parts of the offering.

For customers, this means fewer points of contact and simpler administration. For workshops, it creates additional business opportunities and stronger customer relationships, while every service visit becomes an opportunity to deliver even greater value.

Digital visibility simplifies fleet management

At the heart of the offering is MEKO’s digital platform, which brings together service history, appointments, invoices, and vehicle data in one place. Businesses gain a complete overview of their fleets, making it easy to monitor costs, schedule maintenance, and ensure that all work is carried out according to agreed terms.

The platform is designed to scale alongside customers’ needs, enabling MEKO to deliver the same high level of service across multiple markets in Northern Europe.

“Fleet services for business vehicles are a strategic investment that combines stability with growth. By leveraging our digital platform and extensive workshop network, we are building a business model that creates clear value for both customers and workshops while strengthening MEKO’s profitability and market position over time,” says Emil Lindell.

Creating value for everyone

For businesses, the solution delivers greater control, less administration, and vehicles that are ready whenever they’re needed. For workshops, it provides a steadier flow of work, higher capacity utilization, and long-term customer relationships.

For MEKO, this development demonstrates how digital solutions, a strong workshop network, and lasting customer relationships come together to build a more stable and scalable business. As business fleets stay on the road, value is created — for customers, workshops, and MEKO.

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New initiative gives car owners more smart choices

New initiative gives car owners more smart choices

20 October 2026

Every journey begins long before the engine starts. Behind every safe mile are replacement parts that need to perform in freezing temperatures, withstand road salt, and endure long summer road trips. To give car owners more affordable options — without compromising on quality — MEKO is strengthening its investment in its own brands.

CarPeople strengthens MEKO’s offering for car dealers

CarPeople strengthens MEKO’s offering for car dealers

14 October 2026

For decades, MEKO has built its position around the car through repair, maintenance, and service. With CarPeople, the Group is now strengthening its offering for car dealers – a customer segment with significant and recurring demand for MEKO’s products and services.

Meeting the growing demand for bus, truck, and trailer service

Meeting the growing demand for bus, truck, and trailer service

29 September 2026

Every day, food is delivered to grocery stores, packages arrive at customers’ doorsteps, and materials reach construction sites. Behind every delivery is a commercial vehicle that needs to stay on the road. When a truck or delivery van is sidelined, the impact goes far beyond the vehicle itself — deliveries are delayed, schedules fall behind, and costs rise with every passing minute.

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MEKO AB MEKO AB

*    [![Svenska](https://meko.com/ig-assets/flags/se.svg) Svenska](https://meko.com/sv/nyheter/pressmeddelande/ "Svenska")
*    [![Svenska](https://meko.com/ig-assets/flags/se.svg) Svenska](https://meko.com/sv/nyheter/pressmeddelande/ "Svenska")

News

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MEKO AB MEKO AB

*    [![Svenska](https://meko.com/ig-assets/flags/se.svg) Svenska](https://meko.com/sv/nyheter/nyhetsartikel/2026-09-01-norge-och-danmark-visar-vaegen-foer-framtidens-fordonsbransch/ "Svenska")
*    [![Svenska](https://meko.com/ig-assets/flags/se.svg) Svenska](https://meko.com/sv/nyheter/nyhetsartikel/2026-09-01-norge-och-danmark-visar-vaegen-foer-framtidens-fordonsbransch/ "Svenska")

Feature

Norway and Denmark point the way to the future of the automotive industry

01 September 2026

The future of the automotive industry is no longer a prediction — it is already here, at least in Norway and Denmark. As two of Europe's most electrified markets, these countries demonstrate how the automotive aftermarket is evolving as electric vehicles become a significant and established part of the vehicle fleet. The experience is clear: the transition does not reduce the need for service and repairs — it changes it.

Norway and Denmark point the way to the future of the automotive industry

For MEKO, developments in Norway and Denmark represent more than national case studies — they offer a clear view of how the automotive aftermarket is likely to evolve across Europe.

For work shops, spare parts suppliers, and the industry as a whole, the future is not about fewer business opportunities. It is about new capabilities, new services, and increasingly advanced technical expertise.

As electric vehicles take over, the aftermarket evolves

Norway has long been a global leader in vehicle electrification, while Denmark is rapidly following the same path. Together, these markets offer a preview of what lies ahead for the rest of Europe.

As vehicle powertrains evolve, so does customer demand. Some traditional parts become less important, while others grow in significance.

Electric vehicles still require regular maintenance. Brakes, tires, suspension, steering, and chassis components experience the same wear and tear as before, while increasing vehicle digitalization places greater demands on advanced diagnostics, software, and specialized expertise. Work shops are becoming more important than ever. Those that combine technical expertise with the right equipment and efficient workflows will be the partner of choice for vehicle owners. At the same time, investments in skills development are becoming an increasingly important competitive advantage across the industry.

As the vehicle fleet changes, regulations must keep pace

Electrification is not only transforming vehicles — it is also changing how they are inspected and repaired. In Norway, discussions are underway about how the Periodic Vehicle Inspection (PKK), the country’s mandatory roadworthiness check, can evolve to meet the demands of next-generation vehicles and increasingly stringent safety requirements.

Future regulations could require more comprehensive inspections, clearer documentation, and stricter requirements to ensure that identified faults are repaired correctly.

For work shops, this opens new opportunities. More advanced vehicles require more specialized repairs, reinforcing the value of professional workshops with the expertise and capacity to perform them.

Electrification and global trends are reshaping the market

The vehicle fleet continues to evolve, while market growth has been more cautious than many previously expected. As households postpone major purchases and the share of electric vehicles increases, demand across several product categories is shifting.

This places an even greater premium on speed, product availability, and the ability to adapt product assortments and logistics to changing market conditions. Companies that combine efficient distribution, broad expertise, and operational flexibility will be best positioned to succeed.

Expertise will define future competitiveness

For MEKO, these developments reinforce the need to continue investing in expertise, technological innovation, and a strong network of work shops to meet future customer needs. A key part of this commitment is MEKO Academy, where experienced automotive technicians, career changers, and new talent receive the training needed to work on the next generation of vehicles.

Norway and Denmark demonstrate that the future of the automotive industry is already taking shape in the Nordic region. For vehicle owners, this means access to work shops with the expertise required to service increasingly advanced vehicles. For the industry, competitiveness will increasingly depend on knowledge, technological advancement, and the ability to adapt to a rapidly changing market.

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New initiative gives car owners more smart choices

New initiative gives car owners more smart choices

20 October 2026

Every journey begins long before the engine starts. Behind every safe mile are replacement parts that need to perform in freezing temperatures, withstand road salt, and endure long summer road trips. To give car owners more affordable options — without compromising on quality — MEKO is strengthening its investment in its own brands.

CarPeople strengthens MEKO’s offering for car dealers

CarPeople strengthens MEKO’s offering for car dealers

14 October 2026

For decades, MEKO has built its position around the car through repair, maintenance, and service. With CarPeople, the Group is now strengthening its offering for car dealers – a customer segment with significant and recurring demand for MEKO’s products and services.

As businesses keep moving, the need for smarter vehicle service grows

As businesses keep moving, the need for smarter vehicle service grows

05 October 2026

Every day, millions of company-owned vehicles travel Europe’s roads. They deliver packages, transport people, maintain properties, and keep businesses running. But when a vehicle is out of service, the impact extends far beyond the vehicle itself—it can disrupt operations, costing businesses both time and money.

Show more

MEKO logotype

Prompts

MEKO (ticker MEKO), listed in Sweden.