Gothenburg, Sweden, 2012-07-02 13:18 CEST (GLOBE NEWSWIRE) --
The Swedish car and workshop group Bilia receives prize for “best share” in the European automotive industry.
Bilia is awarded the prize for best share among retail distributors in the European automotive industry in a three-year period. The development is measured as an index based on the share development and dividends during the period.
Winners to receive awards are vehicle manufacturers, parts suppliers and retail distributors. In each category there are two prizes, one for best share during the last year and one for best share in a three-year period.
Bilia got the prize in 2012 for best share in a three-year period in the retail category. It is not the first time the company receives this award. Since 2001 Bilia has received prize for best share among retail distributors in the automotive industry no less than seven times, more than any other European retail distributor.
The distribution of the prize is made by PwC, Price Waterhouse Cooper, world leading audit firm and financial adviser, and Automotive News, news distributor concerning worldwide car manufacturers and the car industry.
The prize was distributed at the annual Automotive News Europe Congress, in June in Monte Carlo, to Mr Jan Pettersson, Deputy Chairman of the Board and former CEO in Bilia.
- The prize is a confirmation of Bilia´s strong development, says Jan Pettersson. 2011 was a good year, which effected both cash flow and earnings. The sales of both cars and service increased. We are of course happy for the attention in connection with this prize, which strengthen our position as one of Europe´s leading retail distributors.
Gothenburg, 2 July 2012
Bilia AB (publ)
For further information, please contact CEO Per Avander or CFO Gunnar Blomkvist, Bilia AB,
tel +46 31 709 55 00.
