The highest ever operational earnings for a quarter
The second quarter of 2018
- Net turnover amounted to SEK 8,329 M (7,189), an increase of 16 per cent.
- Operational earnings amounted to
SEK 299 M (261).
- The improved profit was attributable to high growth and strong profit in the Service Business.
- Profit for the period amounted to
SEK 216 M (183) and earnings per share to SEK 2.15 (1.80).
- Operating cash flow amounted to
SEK 497 M (-98).
The first six months of 2018
- Net turnover amounted to SEK 15,307 M (14,004), an increase of 9 per cent.
- Operational earnings amounted to
SEK 517 M (528).
- Profit for the period amounted to
SEK 362 M (364) and earnings per share to SEK 3.60 (3.55).
- Operating cash flow amounted to
SEK 323 M (186).
Events after the end of the quarter
- No important events have occurred after the end of the quarter.
Contact
For further information please contact:
Per Avander, CEO, +46 (0)10 497 70 00, per.avander@bilia.se
Kristina Franzén, CFO, +46 (0)10-497 73 40, kristina.franzen@bilia.se
Gothenburg, 26 July 2018
Bilia AB (publ)
Board of Directors and Managing Director
This is information that Bilia AB (publ) is obliged to make public pursuant to the EU’s Market Abuse Regulation and Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, on 26 July 2018, at 08:30 AM CET.
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Bilia offers car sales, service and supplementary services and is one of Europe’s largest car
chains with operations in Sweden, Norway, Germany, Luxembourg and Belgium. Bilia reported a turnover of SEK 27.5 bn in 2017 and had 4,708 employees.
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