Q2 Interim Report January - June 2019
In the second quarter Byggmax Group developed positively despite a more cautious market: sales and gross margin increased, cost control remained strong, Byggmax continued to take market share and Skånska Byggvaror increased profitability for the fourth consecutive quarter. Earnings measured as EBITA were in line with last year.
Second quarter 2019:
•Net sales increased by 3.9 percent to SEK 1,799.0 M (1,731.2)
•Gross margin increased to 30.7 percent (30.2)
•EBITA excluding non recurring items was in line with the corresponding period last year and totaled SEK 132.9 M (135.3)
For the first half year, net sales increased 4.9 percent and EBITA excl. non recurring items increased to 55.0 M (38.5).
This information is information that Byggmax Group AB is required to disclose under the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was released for publication through the agency of the below-mentioned contacts at 8:00 a.m. CET on July 15, 2019.