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Cold weather in February affected the seasonal ramp-up and sales during the quarter. With a strong financial position and well-stocked inventories, we are well prepared for the upcoming high season. We have improved our offering and taken steps towards an even more customer-centric way of working, with a focus on further strengthening our position.
Karl Sandlund, President and CEO
Through a clear and determined focus on the core offering, strong customer engagement, and high operational efficiency, Byggmax has delivered an improved result during 2025. Profitability strengthened in each quarter and our financial position further improved. We are well positioned for the future.
Karl Sandlund, President and CEO
Byggmax improved profitability compared to the previous year in the third quarter. Focus on our core offering combined with high operational excellence resulted in increased profit despite a continued cautious market. Byggmax continues the long-term work strengthening the core business to drive profitable growth.
Karl Sandlund, President and CEO
Byggmax entered this year’s high season with well-stocked inventories, improved stores, and more efficient e-commerce logistics. Focused efforts around our core offering have contributed to both stronger profitability and growth in the second quarter.
Karl Sandlund, President and CEO
Increased sales and strong margin contributed to improved earnings in the first quarter of 2025. Our determined work has ensured stability that enables full focus on what lies ahead. With well-stocked inventories, improved stores and product launches, Byggmax is ready for a new high season
Karl Sandlund, President and CEO
Byggmax ends 2024 with a fourth quarter, marked by continued improvements in both sales and profitability, along with a further strengthening of the balance sheet. Through focused efforts, we have built an operation that is both flexible and robust, ensuring we are well prepared for the future.
Karl Sandlund, President and CEO
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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