Bilia: FOURTH QUARTER AND YEAR-END REPORT 2007


Year-end 2007

* Net turnover amounted to SEK 15,405 M (14,056).

* Operating profit excluding items affecting comparability amounted to SEK 176 M (130).

* Net profit for the year was SEK 100 M (93) and earnings per share SEK 4.75 (4.15).

* The Board proposes a dividend of SEK 8.00 (8.00).

 

Fourth quarter

* Operating profit excluding items affecting comparability amounted to SEK 69 M (62).

* Net profit amounted to SEK 19 M (54) and earnings per share to SEK 0.95 (2.45).

 

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

“Operating profit before items affecting comparability improved compared with the same quarter last year. The improvement is attributable to the operations in Norway

and Denmark. Moreover, the Parent Company’s costs are lower than last year. We are increasing the rate of implementation of new processes in both car sales and the service business for increased efficiency and profitability.”

 

 

(For full report see attached file)

 


Attachments

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