Bilia AB (publ) (BILI_A) Q4 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.603 -- 00:00:06.926 Thank you for the introduction and welcome to Bilja's fourth quarter results presentation 00:00:06.926 -- 00:00:12.448 with CEO Per Wander, CFO Kristina Franzén, Deputy CEO Stefan Nordström 00:00:12.448 -- 00:00:17.571 and I, Carl Fredrik Jevets. Despite the current tough economic situation, especially 00:00:17.571 -- 00:00:23.614 in the car industry, we're proud to present a solid result and a satisfactory cash flow. 00:00:23.614 -- 00:00:27.043 And moving to the agenda. 00:00:27.043 -- 00:00:31.248 Same procedure as last quarter. Per will start by going through the current situation 00:00:31.248 -- 00:00:34.211 in the car industry, followed by Q4 numbers. 00:00:34.211 -- 00:00:39.657 Then Kristina will go through the financial situation and I will conclude with an outlook. 00:00:39.657 -- 00:00:42.340 So let's start. I'll leave the word to Per Havande. 00:00:42.340 -- 00:00:47.185 Okay, thank you Carl Fredrik. And we go to the slide, the current market situation in 00:00:47.185 -- 00:00:49.585 the car industry. 00:00:49.683 -- 00:00:55.068 There is a good and strong demand in the service business with good booking times. 00:00:55.068 -- 00:00:59.913 Our customers take care of their cars both for service and repairs regardless of the 00:00:59.913 -- 00:01:02.315 financial situation. 00:01:02.315 -- 00:01:06.920 The fleet business has still a stable demand for new cars in Sweden with a market share 00:01:06.920 -- 00:01:08.930 around 60%. 00:01:09.762 -- 00:01:14.885 The private consumers are still in a wait and see mode, but we can see 00:01:14.885 -- 00:01:20.089 some better activities when we measure, for example, floor traffic in showrooms 00:01:20.089 -- 00:01:22.390 and credit requests. 00:01:22.390 -- 00:01:27.553 Many brand...