Q3 2024 Bilia AB Earnings Call Transcript

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Oct 23, 2024

Oct 23, 2024 / 07:00AM GMT
Carl Fredrik Ewetz - Bilia AB - Director of Investor Relations and M&A

Thank you for the introduction, and welcome to Bilia's third quarter results presentation with CEO, Per Avander; CFO, Kristina Franzen; and I, Carl Fredrik Ewetz. We also have our Deputy CEO, Stefan Nordstrom here today.

The agenda is that Per will start going through the current situation in the car industry followed by Q3 numbers. Then Kristina will go through the financial situation, and I will conclude with an outlook for Q4.

So by that, I'll leave the word to Per Avander.

Per Avander - Bilia AB - Chief Executive Officer, Managing Director

Thank you very much, Carl Fredrik, and we start with the current market situation. There is a strong demand in the service business with quite long booking times. Our customers take care of the cars, both for service and repairs. And right now, we are in the important tire season. The fleet business, still a stable demand for new cars in Sweden, with a market share around 60% of the total sales. The private consumers are still in

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