Hedin Bil
Automobile Dealers · Sweden · 201-500 Employees
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Overview
Headquarters
Krokslätts Parkgata 2, Moelndal, Vaestra...Phone Number
+46 317030300Website
www.hedinbil.seRevenue
$29.6 MillionIndustry
About Hedin Bil
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Complementary to press release ” I.A. Hedin Bil AB interim report Q3 2020 ”
Complementary: This press release is a complementary to the press release “I.A. Hedin Bil AB interim report Q3 2020” published 2020-10-30 kl. 10.00. The PDF generated press release was attached two times. In this update the interim report as a PDF is attached. Please find the prior press release below: I.A. Hedin Bil AB interim report Q3 2020 Hedin Bil delivers a strong quarter with focus on cost savings and liquidity. Gothenburg, 30th of OctoberI.A. Hedin Bil AB interim report Q3 2020
Hedin Bil delivers a strong quarter with focus on cost savings and liquidity. Gothenburg, 30th of October 2020 Operating profit during the second quarter was 240 MSEK, which was an improvement of 131 percent compared to last year’s third quarter. Net sales in comparable units increased by 21 percent compared to the same period last year. The operations in Sweden and Norway improved both operating profit and operating margin. The Belgian operations returned to showI.A. Hedin Bil AB interim report Q2 2020
Hedin Bil delivers a strong quarter with focus on cost savings and liquidity. Gothenburg, 14th of August 2020 Operating profit during the second quarter was 108 MSEK, which was an improvement of 137 percent compared to last year’s second quarter. Net sales in comparable units decreased by 3 percent compared to the same period last year. The operations in Hedin Bil and Bavaria, the latter also including the Norwegian business, improved both operating profit and100 dealerships in Northern Europe as Hedin Bil acquires Ivars Bil’s operations in Östersund
The expansion in the northern part of Sweden continues. Sales is estimated to increase with 350 cars yearly. Gothenburg, July 16, 2018 I.A. Hedin Bil AB has through its subsidiary, Bavaria Sverige Bil AB signed an agreement to acquire Ivars Bil's operations in Östersund. After finalizing the deal, I.A. Hedin Bil will have a total of 100 dealerships in Sweden, Norway and Belgium, out of which, 9 are operated by subsidiary Bavaria Sverige Bil AB.
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Hedin Bil delivers a strong quarter with focus on cost savings and liquidity.... Read More