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Bilia (BILI) investor relations material

Bilia Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary5 Feb, 2026

Executive summary

  • Achieved strong Q4 results with higher order intake for new cars, robust cash flow, and a strengthened financial position compared to the previous quarter.

  • Operational earnings for Q4 rose to SEK 450 million (from 420 million), mainly driven by Norway; service represented 78% of Q4 earnings.

  • Net profit for Q4 was SEK 227 million (195 million), and for the full year SEK 760 million (662 million); EPS for the year was SEK 8.22 (7.19).

  • Efficiency program launched, incurring SEK 23 million in costs but expected to generate SEK 150 million in annual savings.

  • Board proposes a dividend of SEK 6.00 per share, representing 73% payout ratio.

Financial highlights

  • Q4 operating earnings reached SEK 450 million (margin 4.4%), up from SEK 420 million last year.

  • Operating cash flow in Q4 was SEK 675 million, more than double the previous year; full-year operating cash flow totaled SEK 2,108 million.

  • Net debt/EBITDA (excl. IFRS 16) was 1.3x, improved from 1.7x at end of 2024.

  • Equity/assets ratio increased to 25% (24%).

  • Full-year tax rate was 18% (23%), mainly due to non-taxable profit on divestments.

Outlook and guidance

  • Efficiency program savings to be fully realized by H2 2026.

  • Expect continued stable demand in service business and increased private customer activity in new cars, supported by new EV launches.

  • Used car demand remains weak with price pressure, especially for electric vehicles and plug-in hybrids.

  • Q1 2026 expected to see slow new car demand, with improvement anticipated towards end of Q2.

  • Service margin target of 14% is a long-term goal, expected to be reached in 3–5 years.

Car Business: How to reach 8% ROIC target?
Sweden Car Business: Plan for new car sales decline?
Circular model: Financial impact or advantage?
What is the expected timeline for 14% service margin?
Impact of EV price pressure on used car margins?
How are efficiency program savings allocated by segment?
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Frequently asked questions

Bilia AB engages in the sale and service of cars, heavy trucks, and transport vehicles in Sweden. It offers new cars, spare parts, maintenance services, and accessories. The company also works with various car brands such as Audi, BMW, Porsche, Renault, Jaguar, Land Rover, Dacia, Skoda, Volvo Cars, Volvo Trucks and Renault Trucks; and manufactures cars under Jaguar and Land Rover brands. Bilia AB is headquartered in Gothenburg, Sweden.

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