Bilia AB
Bilia sell operation in Denmark
Bilia AB 29.05.2015 14:00 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Gothenburg, Sweden, 2015-05-29 14:00 CEST (GLOBE NEWSWIRE) -- Bilias has today made agreements with three different buyers to sell the operations of four facilities in Copenhagen. The agreements also include purchase of real estate, why Bilia today has made an agreement to acquire the current real estate from Corem Property Group. One facility in Nærum remains of Bilia's operation in Denmark. The effect on the result of the above purchase and sale are in line with the earlier informed calculated total cost of SEK 150 M after tax of shutting down the entire operation in Denmark, of which SEK 102 M was charged the result in the first quarter of 2015. Gothenburg, 29 May 2015 Bilia AB (publ) For further information, please contact Per Avander, Managing Director and CEO, or Gunnar Blomkvist, CFO, Bilia AB, tel. +46 31 709 55 00. News Source: NASDAQ OMX 29.05.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Bilia AB Sweden Phone: Fax: E-mail: Internet: ISIN: SE0000102295 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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