First quarter
* Net turnover amounted to SEK 3,309 M (3,196).
* Operating profit excluding items affecting comparability amounted to SEK 42 M (7).
* Net profit amounted to SEK 31 M (10) and earnings per share to SEK 1.45 (0.45).
* Profit before tax amounted to SEK 41 M (9).
In a comment on the quarterly results, Bilia’s Managing Director Jan Pettersson says:
“Earnings were much better than last year. The operations in Sweden and Norway developed positively, while Denmark faltered. A higher margin in sales of new and used cars affected earnings positively. The Service Business reported better earnings than last year. In addition to the integration of two new acquisitions in Sweden, I look forward to the establishment of Bilia Lease in Norway – a financing concept with good development potential.”
(For comlete report see attached file)
