Bilia (BILI) investor relations material

Executive summary

• Strong Q2 2026 performance with improved cash flow, higher operational earnings, and a more solid financial position year-over-year, led by robust Service Business results in Sweden and Norway.

• Service Business accounted for 70% of operational earnings in Q2, with a margin of 12.0%.

• Car Business saw a 29% increase in new car order intake and a 40% higher order backlog year-over-year.

• Demand for new cars increased in Sweden and stabilized in Western Europe; Norway rebounded after a weak start to the year.

• Operating cash flow for Q2 was MSEK 546, and net debt/EBITDA (excl. IFRS 16) stood at 1.3x.

Financial highlights

• Q2 2026 net turnover: MSEK 10,908 (up from 10,551); operational earnings: MSEK 411 (348); operating margin: 3.8% (3.3%).

• Net profit for Q2: MSEK 230 (192); EPS: SEK 2.50 (2.08), a 20% increase year-over-year.

• Operating profit for Q2: MSEK 362 (323), with last year including a one-time profit of MSEK 28.

• Operating cash flow for Q2: MSEK 546; for six months: MSEK 566 (641).

• Net financial expense improved by SEK 5 million year-over-year due to lower interest expenses.

Outlook and guidance

• Service Business expected to remain stable in Q3 2026, with efficiency improvements and customer experience as focus areas.

• Car Business remains well positioned, with continued focus on internal efficiency and shareholder value.

• Used car demand anticipated to stay stable except in Norway; new EV models expected to boost new car sales.

• Continued macroeconomic and geopolitical uncertainty, but stable demand among brands and disciplined execution expected.