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    BILI A   SE0009921588

BILIA AB (PUBL)

(BILI A)
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Agreements entered into regarding the sale of four facilities for Volvo and Renault in Bergslagen, Sweden

12/07/2021 | 02:30am EST


Bilia has today, as part of the agreement with Volvo Cars dated 1 October
2021, entered into an agreement to sell four facilities in Bergslagen in Sweden to Bilkompaniet i Dalarna AB.

The sale refers to the facilities in Avesta, Hedemora, Fagersta and Sala. These facilities conduct sales of new cars, used cars and service for Volvo and Renault.

The sale is expected to take place on 1 February 2022. The transfer is subject to approval by the Swedish competition authority.

Gothenburg, December 7, 2021

Bilia AB (publ)

For information please contact:
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

Facts about the Bilia Group

Bilia is one of Europe’s largest car dealers with a leading position within service and sales of cars, transport vehicles and trucks. Bilia has about 160 facilities in Sweden, Norway, Germany, Luxembourg and Belgium. Bilia sells cars of the brand Volvo, BMW, Toyota, Mercedes, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart and Alpine and transport vehicles of the brand Renault, Toyota, Mercedes, Nissan and Dacia and trucks of the brand Mercedes.

Bilia has today a fully expanded business with sales of new cars, e-commerce, spare parts and store sales, service and repair workshops, tyres and car glass and financing, insurance, car washes, fuel stations and auto salvage under the same roof, which gives a unique offer.

Bilia reported a turnover of about SEK 30 bn in 2020 and had about 4,700 employees.

Attachment


© OMX, source GlobeNewswire - EU Press Releases

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Financials
Sales 2020 30 168 M 3 311 M 3 311 M
Net income 2020 984 M 108 M 108 M
Net Debt 2020 5 316 M 583 M 583 M
P/E ratio 2020 10,3x
Yield 2020 5,92%
Capitalization 13 430 M 1 476 M 1 474 M
EV / Sales 2019 0,63x
EV / Sales 2020 0,51x
Nbr of Employees 5 245
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Managers and Directors
Per Anders Avander Chief Executive Officer & Managing Director
Karin Maria Kristina FranzÚn Chief Financial Officer
Mats Qviberg Chairman
Magnus Karlsson Chief Investment Officer
Jon Anders Risfelt Independent Director
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