Interim Report January - March 2019
The first quarter entailed a positive start to the year: sales and profitability increased, both gross margin and cost control were strong, the market grew and Byggmax continued to take market share. Weather conditions were better than previous year, although not as favorable as in 2017.
First quarter 2019:
•Net sales increased by 7.5 percent to SEK 715.4 M (665.2)
•Gross margin increased to 33.4 percent (32.0)
•EBITA margin excluding non recurring items increased to -10.9 percent (-14.6)