REPORT FOR THE THIRD QUARTER AND THE FIRST NINE MONTHS OF 2006


Third quarter

* Operating profit excluding items affecting comparability amounted to SEK 32 M (35).

* Profit before tax excluding items affecting comparability amounted to SEK 31 M (30).

* Cash flow amounted to SEK 192 M (268).

 

Nine months

* Net turnover amounted to SEK 10,195 M (8,690).

* Net profit amounted to SEK 39 M (120) and earnings per share to SEK 1.70 (5.20).

 

In a comment on the third-quarter results, Bilia’s Managing Director Jan Pettersson says:

“The profit is a step in the right direction compared with the outcome for the first six months. Sweden and Norway report earnings on a level with last year. The price adjustments for workshop jobs in Sweden during the second quarter had a positive effect on demand. Furthermore, an improved margin on used cars led to higher profits in the Car Business compared with the first six months.”

 

(For complete report see attached file)

 

 


Attachments

Bilia_October 26 2006_Eng.pdf