Bilia Nomination Committee Backs Full Board Re-Election and Continued Chairmanship

Bilia AB Class A ( ($SE:BILI.A) ) has shared an update.

Bilia AB’s Nomination Committee has proposed that the company’s Board of Directors remain at nine ordinary members without deputies, with all current directors standing for re-election at the Annual General Meeting on April 29, 2026. The committee also recommends that Mats Qviberg be re-elected as chairman and Jan Pettersson as vice chairman, signaling a clear preference for continuity in the company’s governance and strategic direction.

The Nomination Committee is composed of representatives from major shareholders, including Investment AB Öresund, the Qviberg and Engebretsen families and C WorldWide Asset Management. By maintaining the existing board structure and leadership, the proposal suggests confidence in the current management’s performance and is likely to provide stability for investors and other stakeholders ahead of the upcoming financial year.

The most recent analyst rating on ($SE:BILI.A) stock is a Hold with a SEK133.00 price target. To see the full list of analyst forecasts on Bilia AB Class A stock, see the SE:BILI.A Stock Forecast page.

More about Bilia AB Class A

Bilia AB is one of Europe’s largest full-service providers for car ownership, with a strong position in the servicing and sales of cars, transport vehicles and trucks. The group operates about 170 facilities in Sweden, Norway, Luxembourg and Belgium plus an auction site in Sweden, offering services from repairs, fuel and car wash to rentals, tyres, accessories and car dismantling.

Its service business covers original servicing, repairs, tyre hotels, rim and glass repairs, workshop services, store sales and e-commerce aimed at simplifying car ownership. The car business sells new and used vehicles from brands including Volvo, BMW, Toyota, Mercedes-Benz, Volkswagen, Audi and others, complemented by financing and insurance, while its fuel business focuses on fuel sales and car washes in Sweden.

Average Trading Volume: 115,715

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK11.47B

See more insights into BILI.A stock on TipRanks’ Stock Analysis page.