Q2 2019 Mekonomen AB Earnings Call Transcript
Good morning and welcome to Mekonomen's Quarter 2 Presentation 2019. My name is Anna, and I will be your coordinator for today's conference. (Operator Instructions) I will now hand you over to CEO, Pehr Oscarson, your host for this call. Thank you.
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Thank you. Good morning, and welcome. Today, with me, I also have Ãsa Källenius, the CFO. And I will start the presentation with going directly into the first slide.
The second quarter of 2019, we could report a stable organic sales, of course, in total, we have an increase of 90% when we also include the acquisitions of FTZ and Inter-Team.
Going forward, we will continue to focus with profitable growth and cash flow. We have an ongoing cost-saving program, which we have announced earlier, but it's working according to plan, and it will give us a full effect of annually SEK 65 million at the end of Q4.
We're also acting on unprofitable business, streamlining our organization, and of
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