Interim report Byggmax Group AB January 1 - June 30, 2022
Good quarter in new market situation
Summary of the second quarter 2022
• Net sales amounted to SEK 2,546 M (2,833), representing a decrease of 10.1 percent.
• The Group’s currency adjusted like-for-like sales decreased by 16.6 percent.
• The gross margin was 32.0 percent (33.2).
• EBITA amounted to SEK 254 M (456), with an EBITA margin of 10.0 percent (16.1).
• EBIT amounted to SEK 240 M (446), with an EBIT margin of 9.4 percent (15.8).
• Net profit for the period amounted to SEK 182 M (348).
• Earnings per share totaled SEK 3.11 (5.70).
• Cash flow from operating activities amounted to SEK 280 M (821).
• Four (five) stores opened during the period.
This is information that Byggmax Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and information that Byggmax Group AB (publ) is obliged to make public pursuant to the Securities Market Act. The information was submitted for publication on July 15, 2022 at 8 a.m.
For further information, please contact:
Helena Nathhorst, CFO
Mobile: +46 76119 00 40
E-mail: helena.nathhorst@byggmax.se
Mattias Ankarberg, CEO Byggmax Group
Mobile: +46 76119 09 85
E-mail: mattias.ankarberg@byggmax.se
About Byggmax Group
Byggmax is a leading Nordic retail chain offering construction materials and do-it-yourself products with a well-developed online commerce section and 190 physical stores in Sweden, Norway and Finland. Byggmax offers straightforward and excellent value products of high quality at the best price. Byggmax wants to be close to its customers and offer customers the know-how to improve their homes, regardless of budget or previous experience. Included in Byggmax Group is Skånska Byggvaror, a Nordic e-commerce company with self-developed compound products for home and garden, such as patio rooms and green houses. The group’s annual revenue 2021 was SEK 7.6 billion and the corporate group is listed on Nasdaq since 2010.