Year-end report January - December 2018
During the fourth quarter, the strategic plan continued to be implemented at a high pace and sales and profitability increased year-on-year. The Group’s sales increased 5.1 percent driven by the Byggmax segment. Profitability measured as EBITDA excluding non-recurring items increased to SEK 27.5 M, compared with SEK 22.1 M for the year-earlier period. Sales for the Byggmax segment increased 9.7 percent year-on-year, driven by strategic growth initiatives. In 2018, we opened 18 new Byggmax stores, 12 Garden concepts, and continued to develop our e-commerce. Byggmax’s sales were also