Bilia AB (publ) (BILI_A) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for the introduction and welcome to Wilja's fourth quarter results presentation with CEO Per Havander, CFO Kristina Fransén and I Carl Fredrik Jeves. We also have our Jeopardy CEO Stefan Nordström attending today. We are happy to present a strong result with higher order intake for new cars, strong cash flow and even more solid financial position than last quarter. I will come back to our outlook at the end of the presentation. Here is our agenda. Per will start with the current situation in the industry, followed by Q4 numbers. Then Kristina will go through the financial situation, and I will conclude, like I said, with our outlook end of the presentation. So let's start, and I leave the word to Per Havander. Okay, thank you, Carl Fredrik. Since Q3 in Sweden we have seen signs of better interest in new cars from private customers. In Norway we have had good demand from customers in the new car business, driven by good campaigns and new tax regulations, effective from 1 January this year. In Western Europe the demand remains stable. Most of our brands have strong campaigns, big discounts, attractive private leasing offers, especially in Sweden. The demand for used cars is on a slightly lower level in our countries, and we see some lower prices for all cars, especially for expensive plug-in hybrids and electrical vehicles. As we mentioned in the last report, the government in Sweden terminated all incentives for EVs approximately three years ago, and we expected a large number of incoming used electrical vehicles. Up until now, we have handled the situation in a good way. In Bilja, the stock of used car is on a good and balanced level in our countries. There is a good and strong demand in the service business in Norway and Western Europe with good booking ti...