Strong outcome regardless of the continued scarcity of automobiles
Second quarter 2022
- Net turnover amounted to SEK 8,945 M (9,402), a lower of 5 per cent.
- Operational earnings amounted to SEK 498 M (574).
- The decrease outcome was primarily attributable to the Car Business in Norway. Otherwise sturdy outcomes for each the Service Business and the Car Business regardless of a scarcity of automobiles.
- Operating revenue amounted to SEK 521 M (541) and was positively affected by revenue from divestment of operations of SEK 55 M.
- Net revenue for the interval amounted to SEK 385 M (406) and earnings per share to SEK 4.15 (4.10).
- Operating money stream amounted to SEK 246 M (986).
First six months 2022
- Net turnover amounted to SEK 17,629 M (18,746), a lower of 6 per cent.
- Operational earnings amounted to SEK 998 M (1,102).
- Profit for the interval amounted to SEK 979 M (783) and earnings per share to SEK 10.40 (7.95).
- Operating money stream amounted to SEK 594 M (885).
Events after the stability sheet date
- On 1 July, three Volvo services in Oslo that conduct gross sales of recent and used automobiles and servicing had been divested.
For additional data please contact:
Carl Fredrik Ewetz, Investor Relations, +46 (0) 10 497 07 73, [email protected]
Per Avander, Managing Director and CEO, +46 (0)10 497 70 00, [email protected]
Kristina Franzén, CFO, +46 (0)10 497 73 40, [email protected]
Gothenburg, 22 July 2022
Bilia AB (publ)
Board of Directors and Managing Director
This is data that Bilia AB (publ) is obliged to make public pursuant to the EU’s Market Abuse Regulation and the Securities Markets Act. The data was submitted for publication, by means of the company of the contact individuals set out above, on 22 July 2022, at 08:00 CEST.
Bilia is one in every of Europe’s largest automotive sellers, with a number one place in servicing and gross sales of automobiles, transport automobiles and vehicles plus supplementary companies corresponding to financing and insurance. Bilia has about 150 services in Sweden, Norway, Luxembourg and Belgium plus two on-line public sale websites, one in Sweden and one in Norway.
Bilia’s Service Business contains a well-developed vary of companies and repair ideas which might be constantly developed to simplify automotive possession for the shoppers. Bilia gives equipment and spare elements, unique companies and repairs, tyre resorts, rim restore, automotive glass restore together with different workshop companies, retailer gross sales and e-commerce.
Bilia’s Car Business contains gross sales of each new and used automobiles, transport automobiles and vehicles, plus supplementary companies corresponding to financing and insurance. Bilia sells automobiles from Volvo, BMW, Toyota, Mercedes, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart, Alpine, Jaguar, Land Rover and XPENG in addition to transport automobiles from Renault, Toyota, Mercedes, Nissan and Dacia and vehicles from Mercedes.
Bilia’s Fuel Business contains gas gross sales and automotive washes in Sweden.
