Bilia: Record high on anticipated operational earnings beat

Bilia AB

14/04/2021 08:20

** Shares in Swedish car dealership chain Bilia  BILIa.ST 
jump nearly 9% and hit highest share price ever 
    ** The company expects Q1 operational earnings of about SEK
525 million ($61.83 million), rising 88% year-on-year and being
significantly higher compared with market expectations
 urn:newsml:reuters.com:*:nFWN2M60RK
    ** "The development in Norway has remained very good during
the first quarter 2021, which together with a good development
in both the Service and Car Businesses for other operations in
the Group contributed to the higher operational earnings", it
says
    ** Shares are +47% this year
    ** The Q1 report is due on April 27

($1 = 8.4907 Swedish crowns)

 ((joanna.wodzicka@tr.com))