Interim report
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Second quarter 2021 Higher result than last year for both the Car Business and Service Business Second quarter 2021 • Net turnover amounted to SEK 9,402 M ( 6,777 ) , an increase of 39 per cent . ● 22 bilia Operational earnings amounted to SEK 574 M ( 335 ) , an increase of 71 per cent . The result improved on all geographical markets , but especially Norway with an increase of SEK 143 M , from SEK 93 M in 2020 to SEK 236 M this year . During the quarter , Bilia completed the acquisitions of Porsche Center in Malmö and Helsingborg , Funnemarkbolagen in Norway and City Däck Öresund AB . Profit for the period amounted to SEK 406 M ( 213 ) and earnings per share to SEK 4.10 ( 2.15 ) . Operating cash flow amounted to SEK 986 M ( 1,471 ) . SEK M The Group Net turnover Operational earnings ¹ Operational margin , % Operating profit Operating margin , % Profit before tax Net profit for the period / year Earnings per share , SEK 2 ) Interim Report Bilia AB ( publ ) 1 January - 30 June 2021 Second quarter 2021 First six months 2021 • Net turnover amounted to SEK 18,746 M ( 14,227 ) , an increase of 32 per cent . 9,402 574 6.1 541 5.8 516 406 4.10 Operational earnings amounted to SEK 1,102 M ( 614 ) , an increase of 79 per cent . Profit for the period amounted to SEK 783 M ( 380 ) and earnings per share to SEK 7.95 ( 3.80 ) . Operating cash flow amounted to SEK 885 M ( 1,729 ) . Events after the balance sheet date • After the end of the quarter , Bilia completed the acquisitions of two Mercedes dealers in Sweden . The development of the COVID - 19 pandemic is still considered a factor of uncertainty for Bilia . 2020 6,777 335 5.0 293 4.3 266 213 2.15 First six months 2021 18,746 1,102 5.9 1,045 5.6 996 783 7.95 2020 14,227 614 4.3 548 3.9 485 380 3.80 July 20 June 21 34,687 2,081 6.0 1,861 5.4 1,771 1,387 14.00 ¹ ) For reconciliation of operational earnings with operating profit , see Note 3 . 2 ) The number of shares used in the calculation is shown in the Consolidated Statement of Income and Other Comprehensive Income . Full year 2020 30,168 1,593 5.3 1,364 4.5 1,260 984 9.85 1 ( 37 )