BILIA AB [CBOE] overview

Bilia has signed an agreement with Jaguar Land Rover (JLR) to become the official importer for JLR brands (Range Rover, Defender, Discovery, Jaguar) in Sweden and Norway. As part of the agreement, a joint venture, Bilia JLR Import AB, will be established between the two companies. The newly established joint venture agreement includes import operations for new car sales and aftermarket services. Importer offices will be located in Malmö and Oslo. The importing business is expected to commence...

Bilia has entered into an agreement to acquire British Motor Group AB. The business is conducted in two facilities located in Danderyd and Smista, Stockholm. British Motor Group consists of two modern full-service facilities with sales and service. The deal is expected to take place in 2024 and is conditional an approval from the competition authority. During 2022 sales amounted to approximately SEK 450Mkr in 2021, with an operating margin of 1.1 per cent. The number of employees was 45 people...

On October 27, we have our Grand opening of Bilia's new XPENG facility in Gothenburg, Sisjön. XPENG's first two models in Sweden – the sports sedan P7 and the SUV G9 will be on site, and we will also show the unique prototype X2, XPENG's flying car. Our product specialists look forward to delivering a modern, digitalized, and personalized customer experience. This means everything related to the car ownership from advice, test drives, orders, deliveries to changing tires and performing...

Stable results and improved cash flow Third quarter 2023 Net turnover amounted to SEK 8,708 M (7,291), an increase of 19 per cent. Operational earnings amounted to SEK 335 M (334). Sweden and Western Europe reported higher operational earnings while Norway reported SEK 53 M lower operational earnings compared to the previous year. Operating profit amounted to SEK 288 M (386). The previous year's operating profit included a profit from sale of operations of SEK 92 M. Net profit for the period...

On Tuesday, October 24 2023, at 08:00 CEST, Bilia’s report for the third quarter 2023 will be published. On the same day Bilia arranges press and analyst meetings via Financial Hearings, where CEO Per Avander and CFO Kristina Franzén will present the report and answer questions. The presentation starts at 09:00 CEST. If you wish to participate via webcast, please use the link below. Via the webcast you can ask written questions. Bilia Q3 Report 2023 If you wish to participate via...

Bilia AB’s Annual General Meeting will be held on April, 24, 2024. The Nomination Committee for the Annual General Meeting 2024 comprises the following members • Mats Qviberg, Chairman of the Board in Bilia AB • Anders Wennberg, appointed by Investment AB Öresund, Chairman of the Nomination Committee • Sofia Steinwall, appointed by the Engebretsen family • Emilie Westholm, appointed by Folksam The Nomination Committee shall prepare proposals for the 2024 Annual General Meeting...

Bilia has reached an agreement to acquire the operations of Bilcentergruppen Sörmland AB. The operation is conducted in a strategically located facility in Nyköping. Bilcentergruppen Sörmland is a modern full-service facility for Mercedes-Benz passenger and transport vehicles with associated sales of used cars and service operations. The deal is expected to take place November 1st, 2023. During the business year 2022, Bilcentergruppen Sörmland's turnover amounted to approx. SEK 100M. The...

Bilia AB (“ Bilia ”) issued SEK 800 million senior unsecured bonds on 26 June 2023 (the “ Bonds ”). In accordance with the terms and conditions for the Bonds, Bilia intends to apply for admission to trading of the Bonds on Nasdaq Stockholm's corporate bond list. In connection with the application for admission to trading of the Bonds, Bilia has prepared a prospectus which today, on 13 September 2023, has been approved and registered by the Swedish Financial Supervisory Authority. The...