Stable outcome contemplating divested operations and a scarcity of vehicles
Third quarter 2022
- Net turnover amounted to SEK 7,291 M (8,129), a lower of 10 per cent.
- Operational earnings amounted to SEK 334 M (482).
- The decrease operational earnings are defined primarily by divested operations, decrease outcome for Norway and the sale of used vehicles.
- Operating revenue amounted to SEK 386 M (433) and was positively affected by revenue from divestment of operations of SEK 92 M.
- Net revenue for the interval amounted to SEK 285 M (325) and earnings per share to SEK 3.14 (3.35).
- Operating money movement amounted to SEK –133 M (582).
Nine months 2022
- Net turnover amounted to SEK 24,920 M (26,875), a lower of seven per cent.
- Operational earnings amounted to SEK 1,332 M (1,584).
- Operating revenue amounted to SEK 1,591 M (1,478) and was positively affected by revenue from divestment of operations of SEK 369 M.
- Net revenue for the interval amounted to SEK 1,264 M (1,108) and earnings per share to SEK 13.54 (11.30).
Events after the stability sheet date
- No vital occasions have occurred for the reason that stability sheet date.
Gothenburg, October 26, 2022
Bilia AB (publ)
For 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]
This is data that Bilia AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The data was submitted for publication, by way of the company of the contact individuals set out above, on October 26, 2022, at 08:00 o’clock CEST.
Bilia is one in all Europe’s largest automobile sellers, with a number one place in servicing and gross sales of vehicles, transport automobiles and vans plus supplementary providers corresponding to financing and insurance. Bilia has about 150 amenities in Sweden, Norway, Luxembourg and Belgium plus two on-line public sale websites, one in Sweden and one in Norway. Bilia reported a turnover of about SEK 35 bn in 2021 and had about 5,300 staff.
Bilia’s Service Business includes a well-developed vary of providers and repair ideas which might be repeatedly developed to simplify automobile possession for the shoppers. Bilia gives equipment and spare elements, authentic providers and repairs, tyre lodges, rim restore, automobile glass restore together with different workshop providers, retailer gross sales and e-commerce.
Bilia’s Car Business includes gross sales of each new and used vehicles, transport automobiles and vans, plus supplementary providers corresponding to financing and insurance. Bilia sells vehicles from Volvo, BMW, Toyota, Mercedes-Benz, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart, Alpine, Jaguar, Land Rover and XPENG in addition to transport automobiles from Renault, Toyota, Mercedes-Benz, Nissan and Dacia and vans from Mercedes-Benz.
Bilia’s Fuel Business includes gas gross sales and automobile washes in Sweden.
