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Bilia AB (BILIa.ST)

BILIa.ST on Stockholm Stock Exchange

88.00SEK
22 Sep 2017
Change (% chg)

1.00kr (+1.15%)
Prev Close
87.00kr
Open
87.00kr
Day's High
88.00kr
Day's Low
86.00kr
Volume
168,260
Avg. Vol
220,356
52-wk High
109.50kr
52-wk Low
72.00kr

Latest Key Developments (Source: Significant Developments)

Bilia to buy back own shares
Thursday, 27 Jul 2017 02:46am EDT 

July 27 (Reuters) - Bilia :Bilia decides to buy back own shares.Says no more than 1,250,000 shares will be repurchased..Says purpose of buy-backs is to optimise bilia's capital structure and, should occasion arise, to use shares as a means of payment for future acquisitions..The authorisation is valid until the next Annual General Meeting in April 2018.  Full Article

Bilia Q2 net profit down yr/yr, sees slightly better service demand ahead
Thursday, 27 Jul 2017 02:30am EDT 

July 27 (Reuters) - Bilia :Q2 net turnover amounted to SEK 7,189 m (6,433)..Q2 operational earnings amounted to SEK 261 m (240)..Q2 profit for period was SEK 183 m (193) and earnings per share SEK 1.80 (1.90)..Says we expect that demand for our cars will be at same level during Q3 of 2017, while demand for service will be slightly better compared with same quarter last year.Says operating cash flow was at a lower level compared with previous quarters, but its financial position remains strong.  Full Article

Bilia buys a BMW workshop in Gothenburg
Friday, 5 May 2017 05:39am EDT 

May 5 (Reuters) - Bilia AB :Bilia acquires a BMW workshop in Gothenburg.Turnover of the business in 2016 amounted to SEK 29 M and operating profit was SEK 0.3 M. .The number of employees is 19 and the planned date of possession is 1 June 2017..  Full Article

Bilia says Q1 operating profit rise 37 pct yr/yr
Tuesday, 2 May 2017 02:30am EDT 

May 2 (Reuters) - Bilia :Says Q1 net turnover amounted to SEK 6,815 m (5,433)..Q1 - operational earnings amounted to SEK 267 m (195)..Says we believe that demand for cars and service during Q2 of 2017 will be slightly better compared with corresponding quarter last year.Says there will be more than 3 fewer working days during Q2.  Full Article

Bilia says acquires auto salvage business
Tuesday, 7 Mar 2017 05:45am EST 

Bilia : Acquires its second auto salvage business .Says the operation, including the property company, has during the past two years reported an average turnover of about SEK 48 M and an operating margin of about 14 per cent.  Full Article

Bilia acquires additional BMW dealer in Germany
Monday, 15 Aug 2016 02:30am EDT 

Bilia : Bilia acquires additional BMW dealer in Germany . Says during financial year of 2014/2015 Schäfer's turnover was about SEK 590 m and operating profit about SEK 7 m . Says here will be synergies as a result of deal, mainly cost reductions of about SEK 13 m per year and reduced capital tied up, mainly stock, by almost SEK 20 m .Says synergies are expected to be realized fully as from quarter 3 2017.  Full Article

Bilia Q2 net profit falls
Wednesday, 27 Jul 2016 02:30am EDT 

Bilia : Says we believe that demand for cars and service during Q3 of 2016 will be slightly better compared with same quarter last year . Q2 net turnover amounted to SEK 6,433 mln (5,381) . Bilia Q2 net profit for period was SEK 193 mln (297) Further company coverage: [BILIa.ST].  Full Article

Bilia acquires BMW and MINI dealer in Belgium
Monday, 9 May 2016 02:30am EDT 

: Bilia says Philippe Emond has an annual turnover of around SEK 730 mln, and has during past two years reported an average operating profit of SEK 24 mln . Bilia says purchase price is about SEK 240 mln, of which SEK 60 mln will be paid in cash and remaining SEK 180 mln in form of newly issued shares in Bilia Holding . Bilia says Bilia group's net debt will increase by about SEK 100 mln as an effect of deal . Bilia Holding will own 100 percent of the shares in the newly acquired BMW and MINI operation in Luxembourg and 100 percent of the shares in Philippe Emond . After the deal, Bilia AB will own about 66 percent of the shares in Bilia Holding and the seller of Philippe Emond will own about 34 percent .Bilia’s presence around Luxembourg will increase as a result of the deal, which is also expected to result in synergies of about SEK 6 mln per year.  Full Article

Bilia AB issues bond loan of SEK 500 mln
Friday, 18 Mar 2016 04:15am EDT 

Bilia AB:Says issues bond loan of 500 million Swedish crowns with a term of five years.Says the bond loan runs with a floating interest rate based on three months STIBOR + 220 points and has final maturity in March 2021.Says diversifies financing structure and strengthens financial readiness for acquisition opportunities.  Full Article

Bilia AB negotiating acquisition in Belgium
Wednesday, 16 Mar 2016 03:30am EDT 

Bilia AB:Is negotiating an acquisition in Belgium.Says is negotiating to acquire Philippe Emond, and purchase consideration will be paid with shares in Bilia Holding.Says if the deal goes through, the agreement will include an option for Bilia to purchase the seller's shares in Bilia Holding after a five-year period.Says has formed a company in Luxembourg, Bilia Holding, that will acquire Arnold Kontz's BMW and MINI operation in Luxembourg, date of possession 1 April 2016.Says will own about 66 pct, and the seller of Philippe Emond about 34 pct, of the shares in Bilia Holding Bilia.Says would increase Bilia's presence around Luxembourg and create opportunities for synergies.Says Philippe Emond has an annual turnover of about 730 million Swedish crowns and has reported an average operating profit of 22 million crowns during past two years.  Full Article

BRIEF-Catena invests in the municipality of Härryda and leases to Cramo

* CATENA INVESTS SEK 82 MILLION IN THE MUNICIPALITY OF HÄRRYDA AND LEASES TO CRAMO