News & Videos - BILIA AB [CBOE] - English - Page 2

Higher results for the fourth quarter despite divested operations Fourth quarter 2022 Net turnover amounted to SEK 10,425 M (8,634), an increase of 21 per cent. Operational earnings amounted to SEK 574 M (558). The higher operational earnings can mainly be attributed to improved access to new cars and growth in the Service Business, which compensated for operations that were divested during the year. Operating profit amounted to SEK 511 M (447). Net profit for the period amounted to SEK 358 M...

Bilia AB has decided to move the 2023 Annual General Meeting from April 5, 2023 to April 26, 2023. Notice of the Annual General Meeting will be given at least four weeks before the new date. In addition, the nomination committee for Bilia AB hereby presents the following proposal regarding the number of board members and the election of board members to be decided at the Annual General Meeting. The nomination committee proposes an unchanged number of board members, i.e. eight ordinary board...

Press and analyst meeting On Wednesday, February 8, 2023 at 08:00 CEST, Bilia’s report for the fourth quarter 2022 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). To participate, please call in via telephone number or follow the presentation on the web link as below. If you wish to participate via webcast,...

Bilia becomes importer and dealer in Norway for Great Wall Motor Bilia Norge AS has today signed an agreement with Great Wall Motor to be an importer and dealer of their car brands in Norway. The establishment of Great Wall Motor includes import operations as well as dealer operations with car sales and aftermarket services. Great Wall Motor is a listed company in Hong Kong which in 2021 has sold 1.3 million vehicles and which is now establishing itself in Europe with its European headquarters...

As of today, Bilia includes Carl Fredrik Ewetz in Group Management, Head of Investor Relations and M&A. Magnus Karlsson, CEO of Motorit AB, has resigned and has left the Group Management. Anna Höglund, who is currently Head of System Development at the Bilia Group’s IT company, Motorit AB, will be acting CEO of Motorit AB until a permanent solution is in place. Anna has a solid background from 11 years within Bilia where she has held various leading roles. Bilia’s Group Management consists...

Stable result considering divested operations and a shortage of cars Third quarter 2022 Net turnover amounted to SEK 7,291 M (8,129), a decrease of 10 per cent. Operational earnings amounted to SEK 334 M (482). The lower operational earnings are explained mainly by divested operations, lower result for Norway and the sale of used cars. Operating profit amounted to SEK 386 M (433) and was positively affected by profit from divestment of operations of SEK 92 M. Net profit for the period amounted...

On Wednesday, October 26, 2022 at 08:00 CEST, Bilia’s report for the third quarter 2022 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). To participate, please call in via telephone number or follow the presentation on the web link as below. Telephone conference: Dial-in number SE: +46850516386 UK...

Bilia AB's annual general meeting will be held on April 5, 2023. The Nomination Committee for the Annual General Meeting 2023 comprises the following members: · Mats Qviberg, Chairman of the Board in Bilia AB · Tim Floderus, 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 2023 Annual General Meeting regarding...

Bilia has reached an agreement to acquire Söderbergs Personbilar i Norrköping AB. The business is conducted in seven facilities located in Norrköping and Nyköping. Söderbergs Personbilar i Norrköping AB is a dealer of Volkswagen, Audi, Skoda, Seat and Cupra cars as well as Volkswagen transport vehicles with associated sales of used cars and service operations. The agreement is subject to approval from the Swedish Competition Authority and due diligence. The deal is expected to take place...

Bilia has reached an agreement to acquire another service business, Holmgrens Truck-Motor AB, in Gällivare. The company conducts repair and customization of construction equipment as well as service of trucks. The acquisition is effectuated as of today, September 1, 2022. Holmgrens Truck-Motor AB reported a turnover of approximately SEK 25 M for 2021 and currently has 17 employees. Two of the sellers, Malin Paulusson and Emil Nyström, will continue to work in the business and will going...

Bilia has reached an agreement to acquire Hellgrens Lastvagnsservice AB and Skellefteå Billackering AB in Skellefteå. The business is conducted within two companies under one roof and operates a full-service facility within repair, service, bodywork and painting of transport vehicles and trucks. The acquisition is effectuated as of today, August 31, 2022. The business being acquired reported for 2021 a total turnover of approximately SEK 28 M and currently has 19 employees. Per Avander,...

Strong result despite the continued shortage of cars Second quarter 2022 Net turnover amounted to SEK 8,945 M (9,402), a decrease of 5 per cent. Operational earnings amounted to SEK 498 M (574). The lower result was mainly attributable to the Car Business in Norway. Otherwise strong results for both the Service Business and the Car Business despite a shortage of cars. Operating profit amounted to SEK 521 M (541) and was positively affected by profit from divestment of operations of SEK 55 M. Net...

On Friday July 22, 2022, at 08:00 CEST, Bilia’s report for the second quarter 2022 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). To participate, please call in via telephone number or follow the presentation on the web link as below. Telephone conference: Dial-in number: SE +46 850516386, UK +44 2031984884,...

During the period between June 27 – July 1, 2022 Bilia AB (LEI code 2138002GW5WN1UYZA032) has repurchased in total 117,597 own shares (ISIN SE0009921588 ) as part of the buyback program initiated by the Board of Directors in order to optimize the company’s capital structure. The buyback program, which began on June 1, 2022, is hereby completed as a total of 674,000 shares for a total amount of SEK 99,940,393 have been repurchased. The share buybacks below formed a part of the buyback program...

During the period between June 20-23, 2022 Bilia AB (LEI code 2138002GW5WN1UYZA032) has repurchased in total 151,211 own shares (ISIN SE0009921588 ) as part of the buyback program initiated by the Board of Directors in order to optimize the company’s capital structure. The share buybacks form a part of the buyback program of a maximum of 800,000 shares for a total maximum amount of SEK 100 M, which Bilia AB announced on May 10, 2022. The buyback program, which runs between June 1, 2022 until...

During the period between June 13-17, 2022 Bilia AB (LEI code 2138002GW5WN1UYZA032) has repurchased in total 174,396 own shares (ISIN SE0009921588 ) as part of the buyback program initiated by the Board of Directors in order to optimize the company’s capital structure. The share buybacks form a part of the buyback program of a maximum of 800,000 shares for a total maximum amount of SEK 100 M, which Bilia AB announced on May 10, 2022. The buyback program, which runs between June 1, 2022 until...

During the period between June 7-10, 2022 Bilia AB (LEI code 2138002GW5WN1UYZA032) has repurchased in total 136,126 own shares (ISIN SE0009921588 ) as part of the buyback program initiated by the Board of Directors in order to optimize the company’s capital structure. The share buybacks form a part of the buyback program of a maximum of 800,000 shares for a total maximum amount of SEK 100 M, which Bilia AB announced on May 10, 2022. The buyback program, which runs between June 1, 2022 until...

Bilia has entered into an agreement to acquire M Bilar Group. The business is conducted in five facilities located in Västerås, Eskilstuna, Borlänge, Örebro and Mora. M Bilar Group consists of four full-service facilities with sales and service and one service facility for BMW and Mini. The deal is expected to take place on November 1, 2022. The agreement is conditional a due diligence of the business and approval from the Swedish competition authority. M Bilar Group's sales amounted to...

During the period between June 1-3, 2022 Bilia AB (LEI code 2138002GW5WN1UYZA032) has repurchased in total 94,670 own shares (ISIN SE0009921588 ) as part of the buyback program initiated by the Board of Directors in order to optimize the company’s capital structure. The share buybacks form a part of the buyback program of a maximum of 800,000 shares for a total maximum amount of SEK 100 M, which Bilia AB announced on May 10, 2022. The buyback program, which runs between June 1, 2022 until the...

On May 30, 2022 Bilia AB (LEI code 2138002GW5WN1UYZA032) has repurchased in total 28,003 own shares (ISIN SE0009921588 ) as part of the buyback program initiated by the Board of Directors in order to optimize the company’s capital structure. The share buybacks form a part of the buyback program of a maximum of 1,100,000 shares for a total maximum amount of SEK 185 M, which Bilia AB announced on April 8, 2022. With the repurchases on May 30, 2022, 1,100,000 shares have been repurchased and the...