Bilia AB Proposes Dividend, Payable on 2 May 2024, 11 July 2024, 10 October 2024 and 10 January 2025
March 20, 2024 at 04:00 am EDT
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The Board of Directors of Bilia AB (publ) proposes a dividend to the shareholders of SEK 6.60 (SEK 8.80) per share, divided into four payments of each SEK 1.65 per share. 26 April 2024, 8 July 2024, 7 October 2024 and 7 January 2025 are proposed as record dates. If the AGM resolves in accordance with the proposal, payments from Euroclear Sweden AB are expected to be made on 2 May 2024, 11 July 2024, 10 October 2024 and 10 January 2025.
Bilia AB is a Sweden-based company active in the automotive industry. Bilia is one of Europeâs full-service suppliers, for everything related to car ownership, with a position within service and sales of cars, transport vehicles and trucks. It is engaged in the sales and servicing of passenger cars and transport vehicles, as well as in the provision of related services. The Companyâs operations are divided into three business areas. The Service business area includes workshop services, spare parts and accessories. The Service Business is the main contributor to profit with approximately 60 percent of operational earnings. The Car business area includes sales of new and used cars and customer financing. The Fuel business area includes sales of fuels in Sweden. Bilia has about 160 facilities in Sweden, Norway, Luxembourg and Belgium. In addition, Bilia has an auction site in Sweden. The Company sells cars made by Volvo, BMW, Ford, Renault, Hyundai, Mini, Dacia and Toyota.