Second quarter 2024

Improved result in Norway and a strong cash flow
 
Second quarter 2024
• Net turnover amounted to SEK 10,568 M (9,826), an increase of 8 per cent.
• Operational earnings amounted to SEK 410 M (444).
• The lower operational earnings for the quarter were mainly attributable to the Car Business in Sweden, while Norway reported significantly higher results and Western Europe’s results were in line with the previous year.
• Operating profit amounted to SEK 343 M (394).
• Net profit for the period amounted to SEK 206 M (262). Earnings per share amounted to SEK 2.24 (2.85).
• Operating cash flow amounted to SEK 423 M (519).
 
First six months 2024
• Net turnover amounted to SEK 19,939 M (19,698), an increase of 1 per cent.
• Operational earnings amounted to SEK 743 M (875).
• The lower operational earnings for the first six months of the year were attributable to the Car Business in Sweden, while Western Europe reported higher results and Norway’s results were in line with the previous year.
• Operating profit amounted to SEK 630 M (774).
• Net profit for the period amounted to SEK 362 M (513). Earnings per share amounted to SEK 3.94 (5.58).
• Operating cash flow amounted to SEK 823 M (211).

Gothenburg, July 18, 2024

Bilia AB (publ)