Bilia AB (publ) (BILI_A) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.678 Hello everyone from Asana in Gothenburg and welcome to Bilja's second quarter results 00:00:04.678 -- 00:00:10.607 presentation with CEO Per Havander, CFO Kristina Franzén and I, Carl Fredrik Jevets. 00:00:10.607 -- 00:00:14.873 We're happy to present the resilient result in turbulent times with higher order intake 00:00:14.873 -- 00:00:19.881 for new cars, positive cash flow, a solid financial position and some green shots in 00:00:19.881 -- 00:00:23.984 outlook that I will come back to in the end of the presentation. 00:00:24.263 -- 00:00:26.626 Our agenda, 00:00:26.626 -- 00:00:31.152 Per will start to go through the current situation in the car industry, followed by Q2 00:00:31.152 -- 00:00:36.519 numbers. Kristina will go through the financial situation, and I will conclude, as always, 00:00:36.519 -- 00:00:40.043 with an outlook. So let's start. I'll leave the word to Per. 00:00:40.043 -- 00:00:46.015 Okay, thank you very much, Karl-Fredrik. We'll start with the current market situation. 00:00:46.015 -- 00:00:51.282 In Sweden, we see signs of better interest in new cars from private consumers. 00:00:51.282 -- 00:00:55.929 In Norway, we see good demand from private customers, and they are not so affected by 00:00:55.929 -- 00:00:58.913 the current economic turbulence. 00:00:58.913 -- 00:01:03.679 In Western Europe, the demand from private customers remains stable. 00:01:03.679 -- 00:01:08.145 The fleet business has still a stable demand for new cars in Sweden with a market share 00:01:08.145 -- 00:01:10.526 around 60%. 00:01:11.510 -- 00:01:16.892 Most of our brands have strong campaigns. big discounts and attractive private leasing 00:01:16.892 -- 00:01:18.834 offers. 00:01:18.834 -- 00:01:22.739 In Norway, we have a much bet...