Stable results and improved cash flow
Third quarter 2023
- Net turnover amounted to
SEK 8,708 M (7,291), an increase of 19 per cent. - Operational earnings amounted to
SEK 335 M (334). Sweden andWestern Europe reported higher operational earnings whileNorway reportedSEK 53 M lower operational earnings compared to the previous year.- Operating profit amounted to
SEK 288 M (386). The previous year's operating profit included a profit from sale of operations ofSEK 92 M. - Net profit for the period amounted to
SEK 169 M (285). The previous year's net profit included a profit after tax from sale of operations ofSEK 80 M. Earnings per share amounted toSEK 1.83 (3.14). - Operating cash flow amounted to
SEK 269 M (–133).
Nine months 2023
- Net turnover amounted to
SEK 28,406 M (24,920), an increase of 14 per cent. - Operational earnings amounted to
SEK 1,209 M (1,332). Sweden andWestern Europe reported higher operational earnings whileNorway reportedSEK 228 M lower operational earnings compared to the previous year.- Operating profit amounted to
SEK 1,062 M (1,591). The previous year’s operating profit included a profit from sale of operations ofSEK 369 M. - Net profit for the period amounted to
SEK 682 M (1,264). The previous year’s net profit included a profit after tax from sale of operations ofSEK 346 M. Earnings per share amounted toSEK 7.41 (13.54). - Operating cash flow amounted to
SEK 480 M (461).
For information please contact:
Carl Fredrik Ewetz, Investor Relations, +46 (0)10 497 07 73, carl.fredrik.ewetz@bilia.se
Per Avander, Managing Director and CEO, +46 (0)10 497 70 00, per.avander@bilia.se
Kristina Franzén, CFO, +46 (0)10 497 73 40, kristina.franzen@bilia.se
This is information that
Bilia’s Service Business comprises a well-developed range of services and service concepts that are continuously developed to simplify car ownership for the customers.
Bilia’s Car Business comprises sales of new and used cars, transport vehicles and trucks, plus supplementary services such as financing and insurance.
Bilia’s Fuel Business comprises fuel sales and car washes in
Attachment
- Third quarter 2023
© OMX, source