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Mekonomen AB ( (SE:MEKO) ) has issued an update.
MEKO is enhancing its Group management by incorporating new members and expanding existing roles to improve decision-making, profitability, and market position. This strategic move aims to bolster MEKO’s performance, efficiency, and growth in a competitive market by integrating entrepreneurially driven local leaders into the management team, thus broadening the company’s commercial focus and strengthening cross-group initiatives.
The most recent analyst rating on (SE:MEKO) stock is a Hold with a SEK78.00 price target. To see the full list of analyst forecasts on Mekonomen AB stock, see the SE:MEKO Stock Forecast page.
More about Mekonomen AB
MEKO is a market leader in the automotive industry in Northern Europe, providing comprehensive services for vehicle drivers, repairers, and maintainers. With operations in eight countries, it boasts 600 branches and 20,000 workshop customers, including 4,500 workshops under its own brands such as Mekonomen, MECA, and BilXtra.
Average Trading Volume: 275,290
Technical Sentiment Signal: Sell
Current Market Cap: SEK3.9B
See more insights into MEKO stock on TipRanks’ Stock Analysis page.