Bilia AB said its normalized net income for the first quarter was 95 Swedish öre per share, compared with the S&P Capital IQ consensus estimate of 68 öre per share.
EPS rose 60.4% year over year from 59 öre.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 96.3 million kronor, a gain of 60.4% from 60.0 million kronor in the year-earlier period.
The normalized profit margin rose to 2.0% from 1.4% in the year-earlier period.
Total revenue climbed 9.9% year over year to 4.71 billion kronor from 4.29 billion kronor, and total operating expenses grew 8.8% year over year to 4.56 billion kronor from 4.19 billion kronor.
Reported net income increased 50.8% on an annual basis to 124.7 million kronor, or 1.23 kronor per share, from 82.7 million kronor, or 81 öre per share.
As of April 29, US$1 was equivalent to 8.32 Swedish kronor.
