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Bilia AB (BILIa.ST)

BILIa.ST on Stockholm Stock Exchange

78.25SEK
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Bilia says will repurchase own shares
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Bilia Ab says: :Decides to buy back own shares..No more than 625,000 shares will be repurchased..The buy-backs will begin on 2 November 2017 and take place subject to existing rules..  Full Article

Bilia acquires another BMW dealership in Norway
Monday, 9 Oct 2017 

Oct 9 (Reuters) - :Bilia acquires another BMW dealership in Norway.Bilia <<>>- ‍capital employed, plus agreed-on surplus values, amounts to about SEK 55 M.  Full Article

Bilia Q4 operating profit rises
Tuesday, 14 Feb 2017 

Bilia : Q4 net turnover amounted to SEK 6,297 mln (5,750) . Says board proposes a 2-for-1 stock split . Q4 operational earnings amounted to SEK 265 mln (247) . Says board proposes a regular dividend of SEK 8.00 (7.50) .Says we believe that demand for cars and service during Q1 of 2017 will be slightly better compared with corresponding quarter last year.  Full Article

Bilia acquires additional BMW dealer in Germany
Monday, 15 Aug 2016 

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 

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 

: 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 

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 

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

Bilia AB says to sell Ford operation in Gothenburg and Stockholm
Friday, 11 Mar 2016 

Bilia AB:Says sells Ford operation in Gothenburg and Stockholm.Says ‍purchase price is calculated to about 90 millon Swedish crowns and profit before tax to 30 million crowns, of which 22 million crowns will be accounted for in Q2 of 2016 and remaining profit of 8 million crowns during 2017​.  Full Article

Bilia proposes dividend of SEK 7.50 per share for 2015
Friday, 5 Feb 2016 

Bilia AB:Proposes a regular dividend of 7.50 Swedish crowns per share for 2015.Paid dividend of 6.00 crowns per share for 2014.  Full Article

BRIEF-Bilia says will repurchase own shares

* The buy-backs will begin on 2 November 2017 and take place subject to existing rules. Source text for Eikon: Further company coverage: (Reporting By Johan Sennero)