Report for the first quarter of 2011

<p>
	<strong>First quarter</strong></p>
<ul>
	<li>
		Net turnover amounted to SEK 4,344 M (3,742).</li>
	<li>
		Operating profit was SEK 98 M (83) and the margin was 2.3 per cent (2.2).</li>
	<li>
		Profit for the period was SEK 69 M (59) and earnings per share SEK 2.75
(2.40).</li> 
	<li>
		Cash flow after net investments amounted to SEK 103 M (47).</li>
</ul>
<p>
	&#160;</p>
<p>
	(For complete report for the first quarter of 2011 see attached file)</p>
<p>
	In a comment on the first quarter, Bilia&#8217;s Managing Director Jan
Pettersson says:</p> 
<p>
	&#8220;The year has begun well with both increased sales and better earnings
in local currency in all of our markets in Scandinavia. Cash flow improved and
was good even after deduction for the acquisition of the BMW operation in
Stockholm. Demand and our car manufacturers&#8217; delivery capability have not
been affected so far by the tragedy in Japan. Even though there is great
uncertainty, it is likely that a component shortage will lead to certain
disruptions for the car manufacturers during the second quarter.&#8221;</p> 
<table cellspacing="0" border="1" style="width: 430px;" cellpadding="0">
	<tbody>
		<tr>
			<td>
				<p>
					&#160;</p>
			</td>
			<td colspan="2">
				<p>
					First quarter</p>
			</td>
			<td>
				<p>
					April 10 -</p>
			</td>
			<td>
				<p>
					Full year</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Group</p>
			</td>
			<td>
				<p>
					<strong>2011</strong></p>
			</td>
			<td>
				<p>
					2010</p>
			</td>
			<td>
				<p>
					March 11</p>
			</td>
			<td>
				<p>
					2010</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Net turnover, SEK M</p>
			</td>
			<td>
				<p>
					<strong>4,344</strong></p>
			</td>
			<td>
				<p>
					3,742</p>
			</td>
			<td>
				<p>
					16,859</p>
			</td>
			<td>
				<p>
					16,257</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Operating profit excl. items&#160; affecting comparability, SEK M 1)</p>
			</td>
			<td>
				<p>
					<strong>98</strong></p>
			</td>
			<td>
				<p>
					83</p>
			</td>
			<td>
				<p>
					498</p>
			</td>
			<td>
				<p>
					483</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Operating margin excl. items affecting comparability, %</p>
			</td>
			<td>
				<p>
					<strong>2.3</strong></p>
			</td>
			<td>
				<p>
					2.2</p>
			</td>
			<td>
				<p>
					3.0</p>
			</td>
			<td>
				<p>
					3.0</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Operating profit, SEK M</p>
			</td>
			<td>
				<p>
					<strong>98</strong></p>
			</td>
			<td>
				<p>
					83</p>
			</td>
			<td>
				<p>
					512</p>
			</td>
			<td>
				<p>
					497</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Operating margin, %</p>
			</td>
			<td>
				<p>
					<strong>2.3</strong></p>
			</td>
			<td>
				<p>
					2.2</p>
			</td>
			<td>
				<p>
					3.0</p>
			</td>
			<td>
				<p>
					3.1</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Profit before tax, excl. items affecting comparability, SEK M 1)</p>
			</td>
			<td>
				<p>
					<strong>92</strong></p>
			</td>
			<td>
				<p>
					78</p>
			</td>
			<td>
				<p>
					487</p>
			</td>
			<td>
				<p>
					473</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Profit before tax, SEK M</p>
			</td>
			<td>
				<p>
					<strong>92</strong></p>
			</td>
			<td>
				<p>
					78</p>
			</td>
			<td>
				<p>
					501</p>
			</td>
			<td>
				<p>
					487</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Profit for the period, SEK M</p>
			</td>
			<td>
				<p>
					<strong>69</strong></p>
			</td>
			<td>
				<p>
					59</p>
			</td>
			<td>
				<p>
					417</p>
			</td>
			<td>
				<p>
					407</p>
			</td>
		</tr>
		<tr>
			<td>
				<p>
					Earnings per share, SEK 2)</p>
			</td>
			<td>
				<p>
					<strong>2.75</strong></p>
			</td>
			<td>
				<p>
					2.40</p>
			</td>
			<td>
				<p>
					16.85</p>
			</td>
			<td>
				<p>
					16.50</p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&#160;</p>
<p>
	1)&#160; Items affecting comparability are shown on page 3.</p>
<p>
	2)&#160;&#160;&#160; The number of shares used in the calculation is shown in
the table on page 9.</p> 
<p>
	&#160;</p>
<p>
	&#160;</p>
<p>
	Gothenburg, 3 May 2011</p>
<p>
	Bilia AB (publ)</p>
<p>
	Board of Directors</p>
<p>
	&#160;</p>
<p>
	For further information, please contact Jan Pettersson, Managing Director and
CEO, or Gunnar Blomkvist, CFO, telephone +46 31 709 55 00.</p> 
<p>
	&#160;</p>
<p>
	Bilia AB (publ)</p>
<p>
	Box 9003, SE-400 91 Gothenburg, Sweden</p>
<p>
	Visiting address:&#160; Norra L&#229;ngebergsgatan 3, V&#228;stra
Fr&#246;lunda</p> 
<p>
	Telephone: +46 31 709 55 00</p>
<p>
	www.bilia.com</p>
<p>
	Corporate ID No.: 556112-5690</p>
<p>
	&#160;</p>
<p>
	This report is being published by Bilia AB in compliance with the Securities
Market Act. The information was submitted for publication on 3 May 2011 at
10:40 a..m.</p>