Bilia complements the financial targets with a target for net debt


Gothenburg, Sweden, 2016-10-07 14:00 CEST (GLOBE NEWSWIRE) --
 

Bilia’s board has today decided:

Operating result plus depreciation (EBITDA) in relation to net debt should long term
not exceed 2.0 times.

In the report for the first six months of 2016 net debt amounted to SEK 663 M and EBITDA, rolling 12 months, amounted to SEK 1,009 M. Net debt in relation to EBITDA thus amounted to 0.7 times.
 

Gothenburg, 7 October 2016

 

Bilia AB (publ)

         For further information, please contact Per Avander, Managing Director and CEO, or Gunnar Blomkvist, CFO, Bilia AB, tel. +46-31-709 55 00.


Attachments

Target for net debt.pdf