BILI A Bilia AB Series A

Third quarter 2019

Third quarter 2019



Strong result for Service Business and used cars  



Third quarter 2019

  • Net turnover amounted to SEK 6,805 M (6,119), an increase of 11 per cent.
  • Operational earnings amounted to SEK 280 M (221) and SEK 270 M excl. IFRS 16.
  • Profits were positively affected by strong growth in the Service Business and the highest result ever, for sales of used cars, during a single quarter.
  • Profit for the period amounted to SEK 188 M (158), SEK 196 M excl. IFRS 16, and earnings per share to SEK 1.85 (1.55).
  • Operating cash flow amounted to SEK 460 M (140) and SEK 376 M excl. IFRS 16.



First nine months of 2019

  • Net turnover amounted to SEK 21,105 M (21,426), a decrease of 1 per cent.
  • Operational earnings amounted to SEK 824 M (738) and SEK 793 M excl. IFRS 16.
  • Profit for the period amounted to SEK 545 M (520), SEK 567 M excl. IFRS 16, and earnings per share to SEK 5.40 (5.15).
  • Operating cash flow amounted to SEK 1,139 M (463) and SEK 814 M excl. IFRS 16.

Events after the balance sheet date

  • No notable events have occurred after the end of the quarter.

 

Contact

For further information please contact:

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

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

Gothenburg, 25 October 2019

Bilia AB (publ)

Board of Directors and Managing Director

This is information that Bilia AB (publ) is obliged to make public pursuant to the EU’s Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 25 October 2019, at 08:30 AM 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 per September 136 facilities in Sweden, Norway, Germany, Luxembourg and Belgium. Bilia sells cars of the brand Volvo, BMW, Toyota, Renault, Lexus, MINI, Dacia 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 28.4 bn in 2018 and had 4,785 employees.



Attachment

EN
25/10/2019

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