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BILI A Bilia AB News Story

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Consumer CyclicalsBalancedMid CapNeutral

Car servicing firm Bilia's Q1 profit rises on Sweden, Norway performance

Overview

Sweden automotive retailer's Q1 revenue declined slightly yr/yr, but operational earnings increased

Net profit and EPS for Q1 rose compared to last year

Q1 operating cash flow fell sharply from prior year

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

SWEDEN PERFORMANCE - Higher operational earnings mainly driven by improved results in Sweden

NORWAY CONTRIBUTION - Norway also reported a higher result, supporting overall operational earnings growth

WESTERN EUROPE WEAKNESS - Western Europe reported a somewhat lower result compared to previous year

Company press release: ID:nMFN5VSVy4

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueSEK 9.61 bln
Q1 EPSSEK 2.11
Q1 Net IncomeSEK 194 mln
Q1 Adjusted Free Cash FlowSEK 20 mln
Q1 Operating ProfitSEK 329 mln
Q1 Operational EarningsSEK 382 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "buy" Wall Street's median 12-month price target for Bilia AB is SEK145.00, about 18.8% above its April 28 closing price of SEK122.10 The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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