Sweden · Delayed Price · Currency is SEK Bilia AB Earnings Call Transcripts
Fiscal Year 2025
-
Q4 saw strong earnings growth, robust cash flow, and improved margins, especially in service and new cars. Efficiency program savings and updated financial targets support long-term profitability, while used car market remains pressured.
-
Q3 saw strong earnings growth, robust cash flow, and a 20% rise in new car order intake. Service business remains a key profit driver, while used EVs face price pressure. Efficiency and cost savings programs are underway, with stable outlook for new cars and services.
-
Q2 saw resilient results with stable turnover, higher new car order intake, and strong cash flow. Profitability was pressured in Sweden, especially for used electric cars, but Norway and Western Europe performed strongly. Outlook is cautiously optimistic with continued focus on efficiency and capital allocation.
-
Solid Q1 with strong service business growth and improved cash flow, while new car sales in Sweden and Norway lagged. Order intake for new cars rose, and the company remains focused on efficiency, integration, and maintaining strong financial metrics.
Fiscal Year 2024
-
Solid Q4 driven by strong service business and improved efficiency, with stable used car prices except for fully electric vehicles. Order intake for new cars rose 20% year-over-year, and cash flow and margins remain healthy. Dividend payout increased to 78% of EPS.
-
Q3 saw strong service business growth and stable used car margins, offsetting weaker new car sales. Cash flow and financial position improved, with net debt/EBITDA well below target. Outlook for Q4 is positive, driven by continued demand and robust manufacturer campaigns.
-
Q2 saw 8% organic turnover growth, strong service business demand, and improved cash flow. Norway outperformed, while Sweden lagged in car sales. Outlook is stable for services and used cars, with cautious optimism for new car sales in Q4 2024.