Interim report Byggmax Group January 1 - June 30, 2023
Byggmax delivers in a weak market
Summary of the second quarter 2023
• Net sales amounted to SEK 2,203 M (2,546), representing a decrease of 13.4 percent.
• The Group’s currency adjusted like-for-like sales decreased by 14.3 percent.
• The gross margin was 32.0 percent (32.0).
• EBITA amounted to SEK 172 M (254), with an EBITA margin of 7.8 percent (10.0).
• EBIT amounted to SEK 158 M (240), with an EBIT margin of 7.2 percent (9.4).
• Net profit for the period amounted to SEK 117 M (182).
• Earnings per share totalled SEK 2.00 (3.11).
• Cash flow from operating activities amounts to SEK 895 M (280).
• Four (four) 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 14, 2023 at 8 a.m.
For further information, please contact:
Helena Nathhorst, CFO Byggmax Group
Mobile: +46 76119 00 40
E-mail: helena.nathhorst@byggmax.se
Karl Sandlund, CEO Byggmax Group
Mobile: +46 76119 01 84
E-mail: karl.sandlund@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 200 physical stores in Sweden, Norway, Finland and Denmark. 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 2022 was SEK 7.3 billion and the corporate group is listed on Nasdaq since 2010.