May 10, 2017 / 5:45 AM / 3 months ago

BRIEF-Mekonomen Q1 EBIT lags expectations

May 10 (Reuters) - Mekonomen Ab

* Mekonomen q1 ebit 126 million sek (121) vs Reuters poll forecast 132 mln

* Revenue increased 7 per cent to SEK 1,518 M (1,424)

* Sales in comparable units rose 5 per cent

* Says for the full year we see potential for an increasing overall total market as recent statistics shows that the number of miles driven increased for the third year in a row in Sweden, the car park is growing and new car sales have increased steadily the last years

* For Mekonomen Group, the potential for a stronger market is primarily linked to an increased car park for cars three years and older Further company coverage: (Reporting By Anna Ringstrom)

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