Carl Fredrik Evertz
Head of Investor Relations
Replay available
Bilia AB (publ) (STO: BILI_A) Q3 2025 earnings conference call, held 2025-10-23. Replay captured from the company's public earnings webcast.

Head of Investor Relations
CEO
CFO
Deputy CEO
Analyst, SEB
Analyst, Kepler Cheuvreux
Analyst, Pareto Securities
During the questions and answers session, participants are able to ask questions by dialing pound five on their telephone keypad. Now I will hand the conference over to IR Carl Frederick-Ewits. Please go ahead. Thank you very much for the introduction and welcome to Bilja's third quarter result presentation with CEO Per Ravander, CFO Kristina Fransén and I, Carl Fredrik Evertz. We also have our Deputy CEO Stefan Norsson with us today. We're happy to present a solid result with higher order intake for new cars, positive cash flow and a solid financial position. I will come back to the outlook in the end of this presentation. Here's our agenda. Per will start with the current situation in the industry, followed by Q3 numbers. Kristina will go through the financial situation, and I will conclude with our outlook. So let's start, and I'll leave the word to Per. Thank you, Carl Fredrik. In Sweden, we see signs of better interest in new cars from private customers. In Norway, we see good demand from private customers driven by good campaigns and new taxations of cars from the government. In Western Europe, the demand for private customers remains stable. In the important fleet business, we see a little bit higher activity in all our countries. Most of our brands have strong campaigns, big discounts, attractive private leasing offers, and there is a high supply of cars for the manufacturers. The demand for used cars is on a good level in our countries and we see stable prices for all cars except fully electrical vehicles. At the same time, we know that in end of quarter four in Sweden, we see a lot of electrical vehicles three years old. All brands coming back from customers due to the government incentives was terminated approximately three years ago. In Bilja, the stock o...