Recent Insider Transactions • Jun 04
Chairman recently bought kr5.6m worth of stock On the 2nd of June, Mats Qviberg bought around 40k shares on-market at roughly kr139 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr13m. Mats has been a buyer over the last 12 months, purchasing a net total of kr35m worth in shares. Recent Insider Transactions • May 22
Chairman recently bought kr6.7m worth of stock On the 20th of May, Mats Qviberg bought around 50k shares on-market at roughly kr134 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr13m. Mats has been a buyer over the last 12 months, purchasing a net total of kr29m worth in shares. Declared Dividend • May 08
Dividend of kr1.50 announced Shareholders will receive a dividend of kr1.50. Ex-date: 3rd July 2026 Payment date: 9th July 2026 Dividend yield will be 4.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not covered by cash flows (267% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • May 03
Insider recently bought kr667k worth of stock On the 29th of April, Frode Hebnes bought around 5k shares on-market at roughly kr127 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr3.6m. Insiders have collectively bought kr19m more in shares than they have sold in the last 12 months. Reported Earnings • May 02
First quarter 2026 earnings released: EPS: kr2.11 (vs kr1.61 in 1Q 2025) First quarter 2026 results: EPS: kr2.11 (up from kr1.61 in 1Q 2025). Revenue: kr9.61b (down 3.2% from 1Q 2025). Net income: kr194.0m (up 30% from 1Q 2025). Profit margin: 2.0% (up from 1.5% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Ankündigung • Apr 29
Bilia AB (publ) to Report Q1, 2027 Results on Apr 28, 2027 Bilia AB (publ) announced that they will report Q1, 2027 results on Apr 28, 2027 Upcoming Dividend • Apr 23
Upcoming dividend of kr1.50 per share Eligible shareholders must have bought the stock before 30 April 2026. Payment date: 07 May 2026. Payout ratio is a comfortable 73% and the cash payout ratio is 92%. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.8%). Recent Insider Transactions • Mar 15
Chairman recently bought kr3.6m worth of stock On the 9th of March, Mats Qviberg bought around 30k shares on-market at roughly kr121 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mats has been a buyer over the last 12 months, purchasing a net total of kr9.4m worth in shares. Buy Or Sell Opportunity • Mar 02
Now 20% undervalued Over the last 90 days, the stock has risen 3.9% to kr130. The fair value is estimated to be kr163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 29%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Declared Dividend • Feb 09
Fourth quarter dividend of kr1.50 announced Shareholders will receive a dividend of kr1.50. Ex-date: 30th April 2026 Payment date: 7th May 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 06
Full year 2025 earnings released: EPS: kr8.21 (vs kr7.19 in FY 2024) Full year 2025 results: EPS: kr8.21 (up from kr7.19 in FY 2024). Revenue: kr40.4b (up 3.2% from FY 2024). Net income: kr760.0m (up 15% from FY 2024). Profit margin: 1.9% (up from 1.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Dec 30
Upcoming dividend of kr1.40 per share Eligible shareholders must have bought the stock before 06 January 2026. Payment date: 12 January 2026. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (3.6%). Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: kr2.06 (vs kr1.14 in 3Q 2024) Third quarter 2025 results: EPS: kr2.06 (up from kr1.14 in 3Q 2024). Revenue: kr9.72b (up 8.2% from 3Q 2024). Net income: kr191.0m (up 82% from 3Q 2024). Profit margin: 2.0% (up from 1.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Ankündigung • Oct 22
Bilia AB (publ), Annual General Meeting, Apr 29, 2026 Bilia AB (publ), Annual General Meeting, Apr 29, 2026. Declared Dividend • Oct 10
Dividend of kr1.40 announced Shareholders will receive a dividend of kr1.40. Ex-date: 6th January 2026 Payment date: 12th January 2026 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (455% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Sep 26
Upcoming dividend of kr1.40 per share Eligible shareholders must have bought the stock before 03 October 2025. Payment date: 09 October 2025. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 4.9%. Lower than top quartile of British dividend payers (5.4%). Higher than average of industry peers (3.7%). Recent Insider Transactions • Jul 25
Chairman recently bought kr5.7m worth of stock On the 21st of July, Mats Qviberg bought around 50k shares on-market at roughly kr115 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mats has been a buyer over the last 12 months, purchasing a net total of kr7.1m worth in shares. New Risk • Jul 19
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Dividend is not well covered by cash flows (455% cash payout ratio). Reported Earnings • Jul 19
Second quarter 2025 earnings released: EPS: kr2.07 (vs kr2.24 in 2Q 2024) Second quarter 2025 results: EPS: kr2.07 (down from kr2.24 in 2Q 2024). Revenue: kr10.6b (flat on 2Q 2024). Net income: kr192.0m (down 6.8% from 2Q 2024). Profit margin: 1.8% (down from 1.9% in 2Q 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 11
Dividend of kr1.40 announced Shareholders will receive a dividend of kr1.40. Ex-date: 3rd October 2025 Payment date: 9th October 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jul 02
Stenhus Fastigheter i Norden AB (publ) (OM:SFAST) agreed to acquire Portfolio of Six Properties from Bilia AB (publ) (OM:BILI A) for approximately SEK 300 million. Stenhus Fastigheter i Norden AB (publ) (OM:SFAST) agreed to acquire Portfolio of Six Properties from Bilia AB (publ) (OM:BILI A) for approximately SEK 300 million on June 30, 2025. The expected completion of the transaction is July 3, 2025.
Svefa has acted as consultant for Bilia AB. Upcoming Dividend • Jun 27
Upcoming dividend of kr1.40 per share Eligible shareholders must have bought the stock before 04 July 2025. Payment date: 10 July 2025. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 4.4%. Lower than top quartile of British dividend payers (5.5%). Higher than average of industry peers (3.8%). Ankündigung • Jun 06
Veho Oy Ab completed the acquisition of Trucking Business Regarding Mercedes-Benz from Bilia AB (publ) (OM:BILI A). Veho Oy Ab entered into an agreement to acquire Trucking Business Regarding Mercedes-Benz from Bilia AB (publ) (OM:BILI A) for approximately SEK 210 million on December 16, 2024. A cash consideration of SEK 213 million will be paid by Veho Oy Ab. As part of consideration, SEK 213 million is paid towards assets of Trucking Business Regarding Mercedes-Benz. The purchase price amounts to SEK 213 million is on a debt and cash free basis. The acquired business comprises eight facilities in Sweden. Two in Stockholm, one in Södertälje, one in Norrköping and four in northern Sweden (Överhörnäs, Umeå, Skellefteå and Luleå). As part of the transaction, around 90 employees will transfer to Veho. For the time being, the operation will be led by Juha Ruotsalainen, while the recruitment process for a permanent head of commercial vehicles in Sweden is underway.
The business reported an average turnover of approximately SEK 620 million and an operating profit of approximately SEK 30 million. The transaction is subject to approval by the Swedish Competition Authority and completion is expected to take place in the second quarter of 2025.
Kimmo Vilske, Eero Sormunen, Mikael Österlund, Kari Stenqvist of PwC Corporate Finance acted as financial advisor as well as financial due diligence and tax due diligence for Veho.
Veho Oy Ab completed the acquisition of Trucking Business Regarding Mercedes-Benz from Bilia AB (publ) (OM:BILI A) on June 6, 2025. Tomas Gustavsson, new head of Veho Commercial Vehicles in Sweden and CEO of Veho Import - general distributor for Mercedes-Benz trucks in Sweden - will lead the operations nationally and be responsible for the integration of the newfacilities. Recent Insider Transactions • May 21
Insider recently bought kr377k worth of stock On the 13th of May, Frode Hebnes bought around 3k shares on-market at roughly kr129 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr3.7m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 18
Insider recently bought kr377k worth of stock On the 13th of May, Frode Hebnes bought around 3k shares on-market at roughly kr129 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr3.3m more in shares than they have sold in the last 12 months. Declared Dividend • May 06
Dividend of kr1.40 announced Shareholders will receive a dividend of kr1.40. Ex-date: 4th July 2025 Payment date: 10th July 2025 Dividend yield will be 5.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 69% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Caroline af Ugglas was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 21
Upcoming dividend of kr1.40 per share Eligible shareholders must have bought the stock before 28 April 2025. Payment date: 05 May 2025. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (4.0%). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to kr109, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Negligible returns to shareholders over past three years. Reported Earnings • Mar 23
Full year 2024 earnings released: EPS: kr7.19 (vs kr10.12 in FY 2023) Full year 2024 results: EPS: kr7.19 (down from kr10.12 in FY 2023). Revenue: kr39.2b (up 1.7% from FY 2023). Net income: kr662.0m (down 29% from FY 2023). Profit margin: 1.7% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Declared Dividend • Feb 28
Fourth quarter dividend of kr1.40 announced Shareholders will receive a dividend of kr1.40. Ex-date: 28th April 2025 Payment date: 5th May 2025 Dividend yield will be 4.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (156% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 69% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Feb 10
Bilia AB (Publ) Appoints Sanna Lindgren as HR Director Sanna Lindgren has been appointed HR director for Bilia. Sanna takes up her position in the spring this year and will also be part of Bilia's Group Management. Elin Delvert, former HR director, left her position January 31 this year, for new assignment outside Bilia. Sanna Lindgren is 51 years old and most recently comes from AB Lindex, where she has held the position of Chief People and Communications Officer since 2017. Sanna has studied the Personnel, Work and Organization program, sociology and linguistics at Stockholm University. She has a broad background with experience from various management positions within HR from, among others, Resia, Svenska Mässan and the IFS Group. New Risk • Feb 07
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Dividend is not well covered by cash flows (183% cash payout ratio). Profit margins are more than 30% lower than last year (1.7% net profit margin). Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr148, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 27% over the past three years. New Risk • Feb 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Dividend is not well covered by cash flows (183% cash payout ratio). Profit margins are more than 30% lower than last year (1.7% net profit margin). Reported Earnings • Feb 06
Full year 2024 earnings released: EPS: kr7.19 (vs kr10.12 in FY 2023) Full year 2024 results: EPS: kr7.19 (down from kr10.12 in FY 2023). Revenue: kr39.2b (up 1.7% from FY 2023). Net income: kr662.0m (down 29% from FY 2023). Profit margin: 1.7% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 30
Upcoming dividend of kr1.65 per share Eligible shareholders must have bought the stock before 06 January 2025. Payment date: 10 January 2025. Payout ratio is on the higher end at 85% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.9%). Ankündigung • Dec 18
Veho Oy Ab entered into an agreement to acquire Trucking Business Regarding Mercedes-Benz from Bilia AB (publ) (OM:BILI A) for approximately SEK 210 million. Veho Oy Ab entered into an agreement to acquire Trucking Business Regarding Mercedes-Benz from Bilia AB (publ) (OM:BILI A) for approximately SEK 210 million on December 16, 2024. A cash consideration of SEK 213 million will be paid by Veho Oy Ab. As part of consideration, SEK 213 million is paid towards assets of Trucking Business Regarding Mercedes-Benz. The purchase price amounts to SEK 213 million is on a debt and cash free basis. The acquired business comprises eight facilities in Sweden. Two in Stockholm, one in Södertälje, one in Norrköping and four in northern Sweden (Överhörnäs, Umeå, Skellefteå and Luleå). As part of the transaction, around 90 employees will transfer to Veho. For the time being, the operation will be led by Juha Ruotsalainen, while the recruitment process for a permanent head of commercial vehicles in Sweden is underway.
For the period ending December 31, 2023, Trucking Business Regarding Mercedes-Benz reported total revenue of SEK 620 million and EBIT of SEK 30 million. The transaction is subject to approval by the Swedish Competition Authority and completion is expected to take place in the second quarter of 2025. Recent Insider Transactions • Oct 27
Chairman recently bought kr639k worth of stock On the 23rd of October, Mats Qviberg bought around 5k shares on-market at roughly kr117 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mats has been a buyer over the last 12 months, purchasing a net total of kr1.8m worth in shares. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: kr1.14 (vs kr1.84 in 3Q 2023) Third quarter 2024 results: EPS: kr1.14 (down from kr1.84 in 3Q 2023). Revenue: kr8.98b (up 3.2% from 3Q 2023). Net income: kr105.0m (down 38% from 3Q 2023). Profit margin: 1.2% (down from 1.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Declared Dividend • Oct 11
Dividend of kr1.65 announced Shareholders will receive a dividend of kr1.65. Ex-date: 6th January 2025 Payment date: 10th January 2025 Dividend yield will be 5.8%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Oct 06
Dividend of kr1.65 announced Shareholders will receive a dividend of kr1.65. Ex-date: 6th January 2025 Payment date: 10th January 2025 Dividend yield will be 5.7%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Sep 27
Upcoming dividend of kr1.65 per share Eligible shareholders must have bought the stock before 04 October 2024. Payment date: 10 October 2024. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of British dividend payers (5.4%). Higher than average of industry peers (2.9%). Ankündigung • Aug 28
Bilia AB (publ) (OM:BILI A) agreed to acquire Lunds Bil I Varberg Ab for SEK 90 million. Bilia AB (publ) (OM:BILI A) agreed to acquire Lunds Bil I Varberg Ab for SEK 90 million on August 27, 2024. The purchase price on a debt and cash-free basis amounts to approximately SEK 90 million and will consist of cash and 28,000 of Bilia’s own shares. The Bilia shares will be valued at the average share price on Nasdaq Stockholm during the ten trading days prior to the payment of the purchase price. Bilia currently has 4,292,577 own shares. The Claés Lund Chief executive officer and owner of the business will continue to work in the company. For the period ending December 31, 2023, Lunds Bil I Varberg Ab reported total revenue of SEK 178 million. The expected completion of the transaction is during the first quarter of 2025. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: kr2.24 (vs kr2.85 in 2Q 2023) Second quarter 2024 results: EPS: kr2.24 (down from kr2.85 in 2Q 2023). Revenue: kr10.6b (up 7.6% from 2Q 2023). Net income: kr206.0m (down 21% from 2Q 2023). Profit margin: 1.9% (down from 2.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 07
Dividend of kr1.65 announced Shareholders will receive a dividend of kr1.65. Ex-date: 4th October 2024 Payment date: 10th October 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jun 15
Bilia AB (publ) (OM:BILI A) reached an agreement to acquire Carlo Schmitz Sarl. Bilia AB (publ) (OM:BILI A) reached an agreement to acquire Carlo Schmitz Sarl on June 13, 2024. Approximately 20% of the purchase price will consist of Bilia's own shares, which will be valued at the average share price on Nasdaq Stockholm for ten trading days prior to payment of the purchase price. The expected completion of the transaction is October 1, 2024. Recent Insider Transactions • May 01
Insider recently bought kr182k worth of stock On the 24th of April, Frode Hebnes bought around 2k shares on-market at roughly kr121 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.2m. Insiders have collectively bought kr15m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: kr1.70 (vs kr2.73 in 1Q 2023) First quarter 2024 results: EPS: kr1.70 (down from kr2.73 in 1Q 2023). Revenue: kr9.37b (down 5.1% from 1Q 2023). Net income: kr156.0m (down 38% from 1Q 2023). Profit margin: 1.7% (down from 2.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: kr1,696 (vs kr2.73 in 1Q 2023) First quarter 2024 results: EPS: kr1,696. Revenue: kr9.37b (down 5.1% from 1Q 2023). Net income: kr156.0m (down 38% from 1Q 2023). Profit margin: 1.7% (down from 2.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Specialty Retail industry in the United Kingdom. Ankündigung • Apr 25
Bilia AB (Publ) Approves Dividend Payment, Payable on May 2, 2024, July 11, 2024, October 10, 2024 and January 10, 2025 Bilia AB (publ) announced that the AGM resolved in favour of a dividend of SEK 6.60 per share. The dividend amount will be divided into four payments of SEK 1.65 each with record dates April 26, 2024, July 8, 2024, October 7, 2024 and January 7, 2025. Dividends are expected to be paid out on May 2,2024, July 11, 2024, October 10, 2024 and January 10, 2025. Upcoming Dividend • Apr 18
Upcoming dividend of kr1.65 per share Eligible shareholders must have bought the stock before 25 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (3.6%). Ankündigung • Mar 20
Bilia AB Proposes Dividend, Payable on 2 May 2024, 11 July 2024, 10 October 2024 and 10 January 2025 The Board of Directors of Bilia AB (publ) proposes a dividend to the shareholders of SEK 6.60 (SEK 8.80) per share, divided into four payments of each SEK 1.65 per share. 26 April 2024, 8 July 2024, 7 October 2024 and 7 January 2025 are proposed as record dates. If the AGM resolves in accordance with the proposal, payments from Euroclear Sweden AB are expected to be made on 2 May 2024, 11 July 2024, 10 October 2024 and 10 January 2025. Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: kr10.12 (vs kr17.44 in FY 2022) Full year 2023 results: EPS: kr10.12 (down from kr17.44 in FY 2022). Revenue: kr38.5b (up 9.0% from FY 2022). Net income: kr931.0m (down 43% from FY 2022). Profit margin: 2.4% (down from 4.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Recent Insider Transactions • Feb 25
Chairman recently bought kr1.2m worth of stock On the 23rd of February, Mats Qviberg bought around 10k shares on-market at roughly kr120 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mats has been a buyer over the last 12 months, purchasing a net total of kr17m worth in shares. Declared Dividend • Feb 11
Fourth quarter dividend of kr1.65 announced Shareholders will receive a dividend of kr1.65. Ex-date: 25th April 2024 Payment date: 2nd May 2024 Dividend yield will be 7.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Feb 09
Bilia AB (publ) Proposes Dividend for the Year 2023 Bilia AB (publ) proposed a dividend of SEK 6.60 (SEK 8.80) per share, to be paid in four instalments of SEK 1.65 per share. The proposed dividend is in line with historical levels of dividend share and in accordance Bilia's dividend policy. Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: kr10.12 (vs kr17.44 in FY 2022) Full year 2023 results: EPS: kr10.12 (down from kr17.44 in FY 2022). Revenue: kr38.5b (up 9.0% from FY 2022). Net income: kr931.0m (down 43% from FY 2022). Profit margin: 2.4% (down from 4.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Buy Or Sell Opportunity • Feb 07
Now 24% undervalued Over the last 90 days, the stock has risen 3.4% to kr113. The fair value is estimated to be kr148, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 9.8% per annum over the same time period. Upcoming Dividend • Jan 01
Upcoming dividend of kr2.20 per share at 6.5% yield Eligible shareholders must have bought the stock before 08 January 2024. Payment date: 12 January 2024. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 6.5%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.1%). Ankündigung • Oct 27
Bilia AB (publ) (OM:BILI A) entered into an agreement to acquire British Motor Group AB. Bilia AB (publ) (OM:BILI A) entered into an agreement to acquire British Motor Group AB on October 26, 2023. The business is conducted in two facilities located in Danderyd and Smista. The CEO of the business will remain within the company. The deal is expected to take place in 2024 and is conditional an approval from the competition authority. For FY ended 2022, sales amounted to approximately SEK 450 million with an operating margin of 1.1 per cent and had 45 employees. Recent Insider Transactions • Oct 26
Chairman recently bought kr4.4m worth of stock On the 24th of October, Mats Qviberg bought around 43k shares on-market at roughly kr103 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mats has been a buyer over the last 12 months, purchasing a net total of kr12m worth in shares. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: kr1.84 (vs kr3.10 in 3Q 2022) Third quarter 2023 results: EPS: kr1.84 (down from kr3.10 in 3Q 2022). Revenue: kr8.71b (up 19% from 3Q 2022). Net income: kr169.0m (down 41% from 3Q 2022). Profit margin: 1.9% (down from 3.9% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Ankündigung • Oct 24
Bilia AB (publ) to Report Q3, 2024 Results on Oct 23, 2024 Bilia AB (publ) announced that they will report Q3, 2024 results on Oct 23, 2024 Ankündigung • Oct 01
Bilia AB (Publ) Announces Nomination Committee for the 2024 Annual General Meeting Bilia AB’s Annual General Meeting will be held on April, 24, 2024. The Nomination Committee for the Annual General Meeting 2024 comprises the following members: Mats Qviberg, Chairman of the Board in Bilia AB, Anders Wennberg, appointed by Investment AB Öresund, Chairman of the Nomination Committee, Sofia Steinwall, appointed by the Engebretsen family, and Emilie Westholm, appointed by Folksam. The Nomination Committee shall prepare proposals for the 2024 Annual General Meeting regarding Chairman of the Meeting, Board members and Chairman of the Board, fees to be paid to each of the Board members, renumeration to the auditor and, if necessary, proposal for changes in the process of appointing the Nomination Committee. In order for the Nomination Committee to be able to consider submitted proposals ahead of the AGM, these should be available to the Nomination Committee by January 15, 2024. Ankündigung • Sep 30
Bilia AB (publ), Annual General Meeting, Apr 24, 2024 Bilia AB (publ), Annual General Meeting, Apr 24, 2024. Upcoming Dividend • Sep 29
Upcoming dividend of kr2.20 per share at 8.3% yield Eligible shareholders must have bought the stock before 06 October 2023. Payment date: 12 October 2023. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 8.3%. Within top quartile of British dividend payers (6.3%). Higher than average of industry peers (3.2%). Ankündigung • Sep 19
Bilia AB (publ) (OM:BILI A) agreed to acquire Bilcentergruppen SÖRmland Ab. Bilia AB (publ) (OM:BILI A) agreed to acquire Bilcentergruppen SÖRmland Ab on September 18, 2023. The deal is expected to take place November 1, 2023. Bilcentergruppen Sörmland's turnover amounted to approx. SEK 100M. Recent Insider Transactions • Jul 23
Chairman recently bought kr5.4m worth of stock On the 21st of July, Mats Qviberg bought around 52k shares on-market at roughly kr105 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mats has been a buyer over the last 12 months, purchasing a net total of kr7.7m worth in shares. New Risk • Jul 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.1% Last year net profit margin: 4.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). High level of non-cash earnings (37% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.1% net profit margin). Reported Earnings • Jul 21
Second quarter 2023 earnings released: EPS: kr2.85 (vs kr4.14 in 2Q 2022) Second quarter 2023 results: EPS: kr2.85 (down from kr4.14 in 2Q 2022). Revenue: kr9.83b (up 9.8% from 2Q 2022). Net income: kr262.0m (down 32% from 2Q 2022). Profit margin: 2.7% (down from 4.3% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 03
Upcoming dividend of kr2.20 per share at 7.8% yield Eligible shareholders must have bought the stock before 10 July 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 7.8%. Within top quartile of British dividend payers (6.0%). Higher than average of industry peers (3.2%). Recent Insider Transactions • May 15
Insider recently bought kr289k worth of stock On the 11th of May, Frode Hebnes bought around 3k shares on-market at roughly kr110 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr3.5m. Insiders have collectively bought kr3.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 30
Chairman recently bought kr3.5m worth of stock On the 27th of April, Mats Qviberg bought around 31k shares on-market at roughly kr111 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mats has been a buyer over the last 12 months, purchasing a net total of kr2.3m worth in shares. Upcoming Dividend • Apr 20
Upcoming dividend of kr2.20 per share at 6.9% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 03 May 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%). Reported Earnings • Apr 11
Full year 2022 earnings released: EPS: kr17.44 (vs kr14.91 in FY 2021) Full year 2022 results: EPS: kr17.44 (up from kr14.91 in FY 2021). Revenue: kr35.3b (flat on FY 2021). Net income: kr1.62b (up 11% from FY 2021). Profit margin: 4.6% (up from 4.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year and the company’s share price has also increased by 30% per year. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: kr17.44 (vs kr14.91 in FY 2021) Full year 2022 results: EPS: kr17.44 (up from kr14.91 in FY 2021). Revenue: kr35.3b (flat on FY 2021). Net income: kr1.62b (up 11% from FY 2021). Profit margin: 4.6% (up from 4.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 08
Bilia AB (publ) Proposes Ordinary Dividend for the Year Ended December 31, 2022 The Board of Bilia AB (publ) proposes an ordinary dividend of SEK 8.80 per share (8.00) to be paid in four instalments of SEK 2.20. Upcoming Dividend • Dec 29
Upcoming dividend of kr2.00 per share Eligible shareholders must have bought the stock before 05 January 2023. Payment date: 12 January 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 7.0%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.1%). Recent Insider Transactions • Dec 06
Chairman recently sold kr1.2m worth of stock On the 1st of December, Mats Qviberg sold around 10k shares on-market at roughly kr118 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mats' only on-market trade for the last 12 months. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: kr3.10 (vs kr3.33 in 3Q 2021) Third quarter 2022 results: EPS: kr3.10 (down from kr3.33 in 3Q 2021). Revenue: kr7.29b (down 10% from 3Q 2021). Net income: kr285.0m (down 12% from 3Q 2021). Profit margin: 3.9% (down from 4.0% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 30
Upcoming dividend of kr2.00 per share Eligible shareholders must have bought the stock before 07 October 2022. Payment date: 13 October 2022. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 6.3%. Within top quartile of British dividend payers (6.3%). Higher than average of industry peers (3.7%). Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: kr4.14 (vs kr4.14 in 2Q 2021) Second quarter 2022 results: EPS: kr4.14. Revenue: kr8.95b (down 4.9% from 2Q 2021). Net income: kr385.0m (down 5.2% from 2Q 2021). Profit margin: 4.3% (in line with 2Q 2021). 
