Byggmax

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About Byggmax Group Byggmax offers straightforward and excellent value construction materials and do-it-yourself products of high quality at the best price. No matter your budget or previous experiences, we provide our customers with the know-how and the confidence to fulfil their construction dreams. Everyone has a right to a fantastic home! With over 190 physical locations in Sweden, Norway and Finland and a popular online store, Byggmax is one of the foremost retail chains for construction and do-it-yourself products in the Nordics. The group’s annual revenue 2021 was SEK 7.6 billion and the corporate group is listed on Nasdaq.

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Byggmax continued to improve profitability during the third quarter. With strong focus on efficient operations in combination with continuous development of the customer offering, we have both increased profits and strengthened the balance sheet. We have demonstrated our ability to improve earnings in a cautious market, which strengthens us in our work towards our long-term goals.

Karl Sandlund, President and CEO

Byggmax deliver improved profitability and strengthened balance sheet during the important second quarter despite a continued cautious market. This year’s focus on ensuring efficient operations and reducing net debt have a significant impact. At the same time, work to further improve the customer offering continues.

Karl Sandlund, President and CEO

We have a clear roadmap to deliver on our targets. Based on our strong discount position, we will continue simplifying our operations, leveraging our commercial investments, and elevating our market presence to drive sustainable growth and deliver significant value.

Karl Sandlund, CEO Byggmax

The first quarter of 2024 developed as expected. Byggmax’s focus on strengthening the customer offering, efficient operations, and optimizing inventory levels gave effect. In addition to lower costs, net debt is significantly reduced versus the corresponding quarter last year. With more stores, lower costs, and an optimized inventory, Byggmax is ready for a new season

Karl Sandlund, President and CEO

During 2023, we have reduced our costs by 10 percent, reduced inventories and adjusted investment activity. Byggmax is a more efficient business than at the beginning of the year.

Karl Sandlund, President and CEO

The market remains weak, with cautious consumers and postponed renovations. The fact that we are still delivering stable profitability shows the importance of cost control.

Karl Sandlund, President and CEO

By proactive adaption of the business and a strong cost control, Byggmax delivered profitability in a continued weak market

Karl Sandlund, CEO Byggmax Group

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Byggmax opened today in Oulu, Finland

Fri, Sep 21, 2012 09:00 CET

The low-price retailer Byggmax opened today a store in Oulu, Finland. Byggmax has now 9 stores in Finland, and a total of 94 stores on group level.Byggmax new store in Finland is opened at the address Perkkiöntie 9. Vasaranperä business area is located centrally next to the main road to Oulu city. – We have wanted to establish a store in Oulu for a long time. Now we have found a good location for Byggmax at Vasaranperä business area, where a lot of people passes by. The other eight stores in Finland are doing well, and it feels good to be able to open yet another store in Finland, Magnus

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Byggmax opened today in Oulu, Finland

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Byggmax opened today in Oulu, Finland

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