Bilia AB Approves Dividend Payment, Payable on May 2, 2024, July 11, 2024, October 10, 2024 and January 10, 2025
April 24, 2024 at 06:35 pm IST
Share
Bilia AB (publ) announced that the AGM resolved in favour of a dividend of SEK 6.60 per share. The dividend amount will be divided into four payments of SEK 1.65 each with record dates April 26, 2024, July 8, 2024, October 7, 2024 and January 7, 2025. Dividends are expected to be paid out on May 2,2024, July 11, 2024, October 10, 2024 and January 10, 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.