- Scandinavia's largest car chain
- Statement by the Managing Director
- Vision, concept, goals and strategies
- Market with fierce competition
- The market's broadest range of service and cars on offer
- Brand ever more important
- Financial overview
- Group overview
- Share and shareholders
- Annual General Meeting 2008
- Important dates
SCANDINAVIA'S LARGEST CAR CHAIN
Bilia is Scandinavia’s largest car chain, with a leading position in servicing and sales of cars and transport vehicles plus supplementary services. Our vision is to be the best service company in the business. Our goal is to have the most satisfied customers in our showrooms, our stores and our workshops. The customers should find dealing with Bilia a pleasant experience.
Bilia has 111 facilities in Sweden, Norway and Denmark plus an online auction site, Netbil. In Sweden, our dealerships are found in the three major metropolitan regions, in Mälardalen and in Skaraborg. In Norway, Bilia is established in the southeastern part of the country, with a concentration in the Oslo area, and in Stavanger. In Denmark, we are located in and around Copenhagen.
Our facilities are modern, with good locations and generous opening hours – we want it to be easy for our customers to visit us. Availability is one of our three core values. The other two are Interest and Simple car ownership. Just as it should be easy to visit us, it should also be easy to own a car purchased from Bilia. That’s why we offer a wide range of supplementary services that simplify car ownership: financing, insurance, workshop services, accessories and fuel. Our core values guide us and say that we exist for our customers and should always treat them with genuine interest and service-mindedness.
Our range consists of services and products in our Service Business, which includes workshops, spare parts, store sales and fuel sales. We are constantly developing new services and service concepts that simplify car ownership.
Our Car Business includes sales of new and used cars, transport vehicles, customer financing and supplementary services.
We sell cars from Volvo, Renault, Ford, Land Rover, Hyundai, Nissan, Honda, BMW and Mini as well as transport vehicles from Renault, Ford, Hyundai and Nissan.
We posted a turnover of SEK 15 billion in 2007 and had 3,961 employees at the end of the year. The Bilia share has been listed on OMX Nordiska Börs since 1984.
Notable Events 2007
Finances
- Bilia’s net turnover rose by 10 per cent to SEK 15,405 M (14,056).
- Operating profit rose by 54 per cent to SEK 168 M (109).
- Earnings per share amounted to SEK 4.75 (4.15).
Operations
- January – An agreement was reached on the acquisition of the Hans Persson Group, one of Sweden’s largest distributors of Volvo, Ford and Renault.
- March – Bilia acquired the operation of Bilgruppen, which sells Ford in Enköping, Kungsängen and Sala, and established Bilia Lease in Norway.
- April – Bilia started Ford operations in Nacka and Segeltorp in Stockholm.
- May – The Swedish Competition Authority approved the acquisitions of the Hans Persson Group and Bilgruppen.
Miscellaneous
- August – Buy-back of own shares commenced.
- December – An agreement was signed on the acquisition of Bilforum AS and Bilforum Finans AS, distributors of Volvo, Renault and Land Rover in Stavanger, Norway.
- February 2008 – Bilia’s subsidiary Säfveån AB won a longstanding dispute in the District Court of Gothenburg.
Read more under the heading Investor Relations at www.bilia.com