Higher results for the fourth quarter despite divested operations

Fourth quarter 2022

• Net turnover amounted to SEK 10,425 M (8,634), an increase of 21 per cent.

• Operational earnings amounted to SEK 574 M (558).

• The higher operational earnings can mainly be attributed to improved access to new cars and growth in the Service Business, which compensated for operations that were divested during the year.

• Operating profit amounted to SEK 511 M (447).

• Net profit for the period amounted to SEK 358 M
  (349) and earnings per share to SEK 3.89 (3.60).

• Operating cash flow amounted to SEK -116 M (347).
  
  
  

  Full year 2022

• Net turnover amounted to SEK 35,345 M (35,509), which was on a par with last year.

• Operational earnings amounted to SEK 1,906 M (2,142).

• Operating profit amounted to SEK 2,102 M (1,925) and was positively affected by profit from divestment of operations of SEK 368 M.

• Net profit for the period amounted to SEK 1,622 M (1,457) and earnings per share to SEK 17.43 (14.90).

• The Board proposes an ordinary dividend of SEK 8.80 per share (8.00) to be paid in four instalments of SEK 2.20.

Attachment

• Bilia_Q4_2022_EN