Year-end report January - December 2019

As expected, the early arrival of autumn had a negative effect on sales in the fourth quarter, but a strong gross margin and solid cost control led to an operating profit (EBITA) in line with the same quarter last year.

2019 was a year in the right direction, with good profit growth and strengthening of our customer offer.

Fourth quarter 2019:

•Net sales decreased by 4.9 percent to SEK 949.9 M (998.6)

•Gross margin increased to 33.3 percent (31.3)

•EBITA excl. non recurring items amounted to SEK -5.7 M (-6.4)2 and corresponding EBITA margin was -0.6 percent  (-0.6)

•The Board of Directors proposes a dividend of SEK 1.16 (0.00) per share.

For the year 2019, net sales increased by 3.3 percent and EBITA excl. non recurring items2 increased to SEK 269.7 M (217.8). The corresponding EBITA margin increased to 5.1 percent (4.3).

Earnings per share for 2019 amounted to 2.32 SEK.

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 January 28, 2020.