BILI A Bilia AB Series A

Bilia’s Group Management extended

Bilia’s Group Management extended



The following persons are from today part of Bilia’s Group Management;

  • Elin Delvert, HR Director for the Bilia Group
  • Magnus Karlsson, CIO for the Bilia Group and Managing Director Motorit AB
  • Mathias Nilsson, MD for Bilia Personbilar AB, Sweden
  • Anders Rydheimer, Director of Marketing, Communication and Digital for the Bilia Group



Previously included in Bilia’s Group Management Team are Per Avander, Managing Director and CEO for the Bilia Group, Stefan Nordström, Deputy Managing Director for the Bilia Group, Kristina Franzén, CFO for the Bilia Group, and Frode Hebnes, Managing Director of Bilia Personbil as, Norway.

Per Avander says: ”These colleagues that now become part of the Group Management are already today working very close to the Group Management, why this is not a big change but rather reflects our today established way of working. I welcome Elin, Magnus, Mathias and Anders to the Group Management and look forward to continue to work with them also in the future in this forum.”

Below please find a description of the persons that from today is part of the Group Management team of Bilia.

Elin Delvert, HR Director, the Bilia Group. Born 1971

Education: Master of Science in International Business from Uppsala University and Carlos III de Madrid, HR studies at Stockholm University and University of Maryland

Work experience: Leading HR positions at L-Soft 1999-2005, Newell Brands

2005-2006, Unibet 2006-2011, Telia Company 2011-2016, Stanley Black & Decker 2016-2018 and Bilia since 2018.

Magnus Karlsson, CIO, the Bilia Group and Managing Director Motorit AB. Born 1968

Education: System architect at University of Borås

Work experience: System developer at Pulsen in Borås 1994-2000, Manager Software Development at Ericsson 2000-2008, Development Manager at Volvo Car Retail Solutions 2008-2011, CIO Bilia Group since 2011 and CEO Motorit since 2016.

Mathias Nilsson, Managing Director Bilia Personbilar AB. Born 1971

Education: Vehicle technology, leadership

Work experience: Various assignments Din Bil 1989-2007, CEO Möller Bil 2007-2011,

leading business management at Bilia since 2011.

Anders Rydheimer, Director of Marketing, Communication and Digital, the Bilia Group. Born 1976

Education: Master of Science in Technology Management and Bachelor of Science

in Strategy and Control Systems from Lund University

Work experience: International Management Trainee Bilia 2002-2004, various leading assignments within Bilia. Director of Marketing, Communication and Digital since 2010.

Gothenburg, 6 March 2020

Bilia AB (publ)

For information please contact:

Per Avander, Managing Director and CEO, +46 (0)10 497 70 00,  

Kristina Franzén, CFO, +46 (0)10 497 73 40,

This is information that Bilia AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 6 March 2020, at 09:30 CET.

Facts about the Bilia Group

Bilia is one of Europe’s largest car chains with a leading position within service and sales of cars and transport vehicles. Bilia has 134 facilities in Sweden, Norway, Germany, Luxembourg and Belgium. Bilia sells cars of the brand Volvo, BMW, Toyota, Renault, Lexus, MINI, Dacia, Alpine and transport vehicles of the brand Renault, Toyota and Dacia.

Bilia has today a fully expanded business with sales of new cars, e-commerce, spare parts and store sales, service and repair workshops, tyres and car glass and financing, insurance, car washes, fuel stations and auto salvage under the same roof, which gives a unique offer.

Bilia reported a turnover of SEK 29.5 bn in 2019 and had 4,978 employees.

Attachment

EN
06/03/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Bilia AB Series A

Bilia AB: 2 directors

A director at Bilia AB bought 57,546 shares at 116.200SEK and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sho...

Simen Aas
  • Simen Aas

Bilia AB (Buy, TP: SEK160.00) - 2025 earnings outlook optimism

The highlights from Q4 were its 20%+ new car order intake (the first time in 14 quarters with a positive YOY trend in its service margin) and the c8% beat on operating earnings. With a gradual improvement among the private consumers, a stronger leasing market for new cars, and a stable service business, earnings growth for 2025 looks promising (we forecast +56% YOY), in our view. We reiterate our BUY, but have raised our target price to SEK160 (145) on the recent revaluation of the stock.

Simen Aas
  • Simen Aas

Bilia AB (Buy, TP: SEK145.00) - Better-than-expected Q4 results

We consider this a positive report for Bilia, including Q4 operating earnings c8% above consensus, a continued recovery in new car sales and stable service levels, but DPS slightly below expectations. We expect consensus 2025e operating earnings to come up c0–2% on the back of the results and a positive share price reaction.

Simen Aas
  • Simen Aas

Bilia AB (Buy, TP: SEK145.00) - Cautious on Q4e, focus on 2025

We are cautious ahead of Bilia’s Q4 results, as new car registrations for its brands have been soft, along with still-high cost inflation, ongoing investments, and consolidation of recent M&A weighing on opex. Consequently, we expect focus to be on the outlook commentary for 2025. We reiterate our BUY and SEK145 target price, as we continue to find the valuation attractive.

Simen Aas
  • Simen Aas

Bilia AB (Buy, TP: SEK150.00) - Mixed Q3

We consider this a mixed report for Bilia, including a stronger-than-expected service business offset by a weaker car business, resulting in in-line operating earnings. However, new car order intake was on the soft side, while bookings in its service workshops remain good. We expect consensus 2024e operating earnings to remain largely unchanged, but EPS to come down 3–4%. We expect a neutral share price reaction.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch