Sweden · Delayed Price · Currency is SEK Bilia AB Earnings Call Transcripts
Fiscal Year 2026
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Q2 saw strong cash flow, higher profitability, and a solid financial position, driven by robust service business performance and improved demand for new and used cars. Outlook remains stable despite macro uncertainty, with continued focus on efficiency and disciplined capital allocation.
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Q1 saw improved profitability and record service business results, despite slightly lower turnover and used car earnings. Efficiency programs are progressing, cash flow remains a focus, and a higher dividend is proposed. Demand for electric vehicles is rising as market conditions stabilize.
Fiscal Year 2025
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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.
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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.
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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.
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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
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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.
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Q3 saw strong service business growth and stable used car demand, offsetting lower new car profitability. Cash flow and net debt ratios improved, with acquisitions in Luxembourg and Sweden. Outlook for Q4 is positive, driven by campaigns and pent-up demand, especially in Norway.
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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.