Bilia AB (publ) (BILI_A) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for the introduction, and welcome to Bilia's Second Quarter Results Presentation with CEO, Paravander CFO, Kristina Francine and I, Karl Schirlikiewicz. We're happy to present a good set of figures, strong cash flow and an even more solid financial position than last year. Here's our agenda. We will start with the current situation in the industry, followed by Q2 numbers. Then Kristina will go through the financial situation, and I will conclude with our outlook. So let's start. I'll leave the word to our CEO, Peravander. Thank you very much, Karl Fredrik. The improvement in demand we saw in Swedish new car market at the end of quarter one has continued in quarter two. The interest from private customers is also higher for new cars compared to last quarter and last year. In Norway, we had a strong finish in quarter four due to changes of tax situation. And because of that, January and February this year had weak order intake of new cars. In this quarter, the demand has picked up a lot compared to last quarter. In Western Europe, demand remained stable throughout the quarter. Many of our brands have strong campaigns, big discounts and attractive private leasing offers. Because of this, our feeling is that we are experiencing a push market in all our countries. The demand for used car in our countries was on a normal level, except in Norway. In Sweden and Western Europe, prices for electric cars have stabilized on a slightly lower level. And therefore, we saw better demand in these countries for fully electrical used cars. In the Norwegian market, there is a wide selection of used cars, but our stock situation is on the balance level, both in Norway and in our other countries. There was a good and strong demand in the service business in Norway and Western Eu...