Considering the Easter holiday - stable Service Business but weaker Car Business
First quarter of 2018
- Net turnover amounted to SEK 6,978 M (6,815), an increase of 2.4 per cent.
- Operational earnings amounted to SEK 218 M (267).
- The lower earnings figure was attributable to fewer working days due to the Easter holiday, continued poor earnings from sales of used cars and fewer new cars delivered.
- Profit for the period was SEK 146 M (181) and earnings per share SEK 1.45 (1.75).
- Operating cash flow amounted to SEK -174 M (284).
January-December 2017
- Net turnover amounted to SEK 27,492 M (23,306).
- Operational earnings amounted to SEK 1,006 M (887).
- Net profit for the year was SEK 691 M (636) and earnings per share SEK 6.75 (6.20).
- Operating cash flow amounted to SEK 355 M (464).
Events after the end of the quarter
- No significant events have occurred after the end of the quarter.
Gothenburg, 27 April 2018
Bilia AB (publ)
Board of Directors
This is information that Bilia AB (publ) is obliged to make public pursuant to the EU’s Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 27 April 2018, at 08:30 AM CET.
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