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Bilia AB (BILI-A.ST)

Stockholm - Stockholm Real-time price. Currency in SEK
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151.30+2.00 (+1.34%)
At close: 5:29PM CEST
Full screen
Previous close149.30
Open149.30
Bid151.20 x 0
Ask151.40 x 0
Day's range149.10 - 152.20
52-week range64.00 - 159.30
Volume135,548
Avg. volume232,197
Market cap14.848B
Beta (5Y monthly)0.50
PE ratio (TTM)12.63
EPS (TTM)11.98
Earnings dateN/A
Forward dividend & yield6.00 (4.02%)
Ex-dividend date26 Oct 2021
1y target est82.00
  • Globe Newswire

    Bulletin from Bilia’s Annual General Meeting 2021

    Bilia AB's AGM took place on Tuesday, 27 April 2021. Due to the ongoing pandemic the AGM was held without physical presence by the shareholders exercising their voting rights only by postal voting. Adoption of the profit and loss statements and balance sheets The profit and loss statements and the balance sheets of the parent company and the Group for the financial year 2020 were approved. Appropriation of the profit The AGM resolved in favour of a dividend of SEK 6 per share. The dividend amount will be divided into two payments of SEK 3 each with record dates Thursday, 29 April 2021 and Wednesday, 27 October 2021. Dividends are expected to be paid out on Tuesday, 4 May 2021 and on Monday,1 November 2021. Discharge from liability The AGM discharged the board members and the CEO from liability for the financial year 2020. Board of Directors The AGM resolved that the Board of Directors shall consist of nine ordinary board members without deputy members. Ingrid Jonasson Blank, Gunnar Blomkvist, Anna Engebretsen, Eva Eriksson, Mats Holgerson, Jan Pettersson, Nicklas Paulson, Mats Qviberg and Jon Risfelt were re-elected as members of the Board of Directors. Mats Qviberg was re-elected as Chairman of the Board with Jan Pettersson as deputy Chairman. Board fees The AGM resolved as follows: SEK 400,000 each to the Chairman of the Board and to the deputy Chairman, SEK 250,000 each to the other members of the Board, SEK 120,000 to the Chairman of the Audit Committee, SEK 60,000 each to the other members of the Audit Committee, SEK 25,000 to the Chairman of the Compensation Committee, SEK 10,000 each to the other members of the Compensation Committee, SEK 50,000 to the Chairman of the Property Committee and SEK 25,000 to the member of the Property Committee. Election of the Auditor The AGM resolved to elect the auditing company PricewaterhouseCoopers AB as new auditor in the company for the period until the end of the AGM 2022 with the authorised public accountant Fredrik Göransson as the auditor in charge. The Board’s remuneration report The AGM approved the Board's remuneration report. Articles of Association The AGM resolved to amend the Articles of Association in accordance with the proposal from the Board of Directors. The amendments mean that the Swedish term “firma” is replaced by “company name” (no amendment in the English version), introduction of the possibility for the Board of Directors to decide to collect proxies before the general meeting and to decide that the shareholders shall be able to exercise their voting rights by post before the general meeting, and that class of share B is abolished. Long-term incentive programme The AGM resolved to establish a long-term incentive programme in the form of a share savings plan (the “Programme”). The Programme is aimed at a total of about sixty key persons in the Bilia Group. In order to participate in the Programme, the participant must have made a private investment by acquiring shares in Bilia AB (publ) (“Savings Shares”) equivalent to a maximum of between 7 and 14 per cent of the participant’s gross basic salary and at least SEK 25,000. For each Savings Share held within the framework of the Programme, the participant can receive at most three “Performance Shares” free of charge from Bilia if the goal established by the Board of Directors regarding total yield on Bilia’s shares and increased earnings per share is met. In order to be allotted Performance Shares, the participant must retain his/her original Savings Shares from the start of the Programme up until 31 March 2024 and must still be employed by the Bilia Group at this point in time. The maximum number of Performance Shares allotted within the framework of the Programme is 150,000. The AGM further resolved that the company shall be entitled to transfer no more than 150,000 own shares which Bilia has previously acquired to the participants in order to guarantee the delivery of Performance Shares within the framework of the Programme. The AGM further resolved to authorise the Board of Directors to approve, during the period up to the 2022 Annual General Meeting, the transfer of no more than 50,000 own shares on Nasdaq Stockholm at a price per share that lies within the quoted price range at any given time in order to cover social security contributions for the Programme. Authorisation for the Board to decide on the acquisition and transfer of own shares The AGM approved the Board’s proposal regarding authorisation for the Board to decide upon acquisition and transfer of own shares. Gothenburg, April 27, 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 and transport vehicles. Bilia has about 140 facilities in Sweden, Norway, Germany, Luxembourg and Belgium. Bilia sells cars of the brand Volvo, BMW, Toyota, Renault, Lexus, MINI, Dacia, Alpine and transport vehicles of the brand Renault, Toyota and Dacia. Bilia offers new and used cars, e-commerce, spare parts and store sales, service and repair workshops, tyres and car glass and financing, insurance, car washes, fuel stations and car dismantling under the same roof, which gives a unique customer offer. Bilia reported a turnover of about SEK 30 Bn in 2020 and had about 4,700 employees. Attachment Bulletin from Bilia's Annual General Meeting 2021

  • Globe Newswire

    First quarter 2021

    Strong results for both the Car Business and the Service Business First quarter 2021 Net turnover amounted to SEK 9,344 M (7,450), an increase of 25 per cent.Operational earnings amounted to SEK 528 M (279), an increase of 89 per cent.The improved result was primarily attributable to Norway, which reported an improvement in profits of SEK 154 M, up from SEK 52 M last year to SEK 206 M this year.Profit for the period amounted to SEK 377 M (167) and earnings per share to SEK 3.85 (1.65).Operating cash flow amounted to SEK -101 M (258). Full year 2020 Net turnover amounted to SEK 30,168 M (29,508), an increase of 2 per cent.Operational earnings amounted to SEK 1,593 M (1,239), an increase of 29 per cent.Profit for the year amounted to SEK 984 M (807) and earnings per share to SEK 9.85 (8.00).Operating cash flow amounted to SEK 2,872 M (855). Events after the balance sheet date After the end of the quarter, Bilia reached an agreement to acquire one Toyota dealer in Norway and one Mercedes dealer in Sweden.The COVID-19 pandemic has continued to be considered a factor of uncertainty. For further 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 Gothenburg, 27 April 2021 Bilia AB (publ) Board of Directors and Managing Director This is information that Bilia AB (publ) is obliged to make public pursuant to the EU’s Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, on 27 April 2021, at 08:30 CEST. Bilia is one of Europe’s largest car dealers, with a leading position in servicing and sales of cars and transport vehicles plus supplementary services such as financing and insurance. Bilia has about 140 facilities in Sweden, Norway, Germany, Luxembourg and Belgium plus two online auction sites, one in Sweden and one in Norway. 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. The Service Business comprises workshop services, spare parts, store sales and e-commerce. Bilia’s Car Business comprises sales of both new and used cars and transport vehicles, plus supplementary services such as financing and insurance. Bilia sells cars from Volvo, BMW, Toyota, Renault, Lexus, MINI, Dacia and Alpine and transport vehicles from Renault, Toyota and Dacia. Bilia’s Fuel Business comprises fuel sales and car washes. Attachment First quarter 2021

  • Globe Newswire

    Bilia acquires Upplands Motor Stockholm AB, a Mercedes dealer for cars, transport vehicles and trucks

    Bilia has today concluded an agreement to acquire an authorised Mercedes dealer, Upplands Motor Stockholm AB, who conduct sales and service operations for Mercedes cars, transport vehicles and trucks at four facilities in the Stockholm area in Sweden. The agreement is subject to approval by the Swedish competition authority. Bilia is expecting to take over the operations on 1 July 2021. The business that is acquired reported for 2020 a turnover of about SEK 1,200 M and an operating profit of SEK 48 M. The number of employees is about 250. The operation’s capital employed and agreed surplus values amount to about SEK 220 M. The Bilia Group’s capital employed and net debt are estimated to increase, related to the acquisition, by about SEK 350 M. Per Avander, Bilia’s MD and CEO, comments:”I’m very happy and proud that Bilia in the future will work with Mercedes, which will be an excellent addition to Bilia’s current car brand portfolio. Through the acquisition, we are also adding a new and interesting business area to Bilia in the form of heavy trucks, in which Mercedes is one of Europe’s largest and most successful players.” Oskar Lindström, Chairman of the Board at Upplands Motor Holding, comments:”We are very happy to have Bilia as new owner of Upplands Motor’s Mercedes operations. Bilia’s customer focus, competence and experience are important in the further development of the Mercedes business. A business that we are proud to have been entrusted with from Mercedes-Benz to develop in Stockholm. Bilia becomes a strong partner to Mercedes-Benz to continue that work.” Niels Kowollik, MD Mercedes Sweden, comments:”I’m pleased that Bilia, as one of Sweden’s most experienced and knowledgeable players, who also has experience of working with premium brands, has acquired Upplands Motor. They are good at offering concepts that are appreciated by customers, which we see as an important part of future car sales. I look forward to a good collaboration with Bilia.” Gothenburg, April 23, 2021 Bilia AB (publ) This is information that Bilia AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on April 23, 2021, at 08:10 CEST. 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 and transport vehicles. Bilia has about 140 facilities in Sweden, Norway, Germany, Luxembourg and Belgium. Bilia sells cars of the brand Volvo, BMW, Toyota, Renault, Lexus, MINI, Dacia, Alpine and transport vehicles of the brand Renault, Toyota and Dacia. Bilia offers new and used cars, e-commerce, spare parts and store sales, service and repair workshops, tyres and car glass and financing, insurance, car washes, fuel stations and car dismantling under the same roof, which gives a unique customer offer. Bilia reported a turnover of about SEK 30 Bn in 2020 and had about 4,700 employees. Attachment Bilia acquires Upplands Motor Stockholm AB, a Mercedes dealer for cars, transport vehicles and trucks