Bilia Full Year 2024 Earnings: Misses Expectations

Bilia (STO:BILI A) Full Year 2024 Results

Key Financial Results

• 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.
• EPS: kr7.19 (down from kr10.12 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bilia Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 2.0%.

The primary driver behind last 12 months revenue was the Car - Sweden segment contributing a total revenue of kr19.8b (51% of total revenue). Notably, cost of sales worth kr32.7b amounted to 84% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to kr5.19b (90% of total expenses). Explore how BILI A's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Sweden.

Performance of the Swedish Specialty Retail industry.

The company's shares are up 14% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Bilia you should be aware of, and 1 of them is significant.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.