First six months
* Net turnover amounted to SEK 6,609 M (7,813).
* Operating profit excluding items affecting comparability amounted to SEK 38 M (3).
* Profit for the period was SEK 3 M (39) and earnings per share SEK 0.10 (1.90).
* Cash flow after net investments amounted to SEK 561 M (336).
Second quarter
* Net turnover amounted to SEK 3,569 M (4,015).
* Operating profit excluding items affecting comparability amounted to SEK 46 M (14).
* Cash flow after net investments amounted to SEK 215 M (282).
In a comment on the second quarter, Bilia’s Managing Director Jan Pettersson says:
“Earnings improved due above all to lower costs and better used car sales. Furthermore, new car sales in Sweden improved compared with the first quarter of the year. But the market for new cars is still weak, especially in Denmark. A continued reduction of tied-up capital resulted in a positive cash flow of SEK 215 M, further strengthening liquidity”.
For complete report see attached file
For further information, please contact Jan Pettersson, Managing Director and CEO, or Gunnar Blomkvist, CFO,
telephone +46 31 709 55 00.
Bilia AB (publ)
Box 9003, SE-400 91 Göteborg
Street address: Norra Långebergsgatan 3, Västra Frölunda
Telephone: +46 31 709 55 00
www.bilia.com
Corporate ID No.: 556112-5690
