Q3 Interim Report January - September 2019
During the third quarter, the largest by sales, sales increased 6 percent and operating profit (EBITA) increased 19 percent. Byggmax growth initiatives gave good results, gross margin was strong and cost control remained solid. Skånska Byggvaror increased profit for the fifth consecutive quarter and also returned to growth.
Third quarter 2019:
•Net sales increased by 5.9 percent to SEK 1,813.1 M (1,712.7)
•Gross margin increased to 32.2 percent (30.7)
•EBITA excluding non recurring items2 increased to SEK 220.4 M (185.7)1 and corresponding EBITA margin was 12.2 percent (10.8)
This information is information that Byggmax Group AB is required to disclose under the EU Market Abuse Regulation. The information was released for publication through the agency of the below-mentioned contacts at 8:00 a.m. CET on October 21, 2019.
For further information, please contact:
Karl Lindström, Interim CFO
Tel: +46 722 44 01 99
Email: karl.lindstrom@byggmax.se
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