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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 Group AB (publ) 2018 Annual General Meeting

The Annual General Meeting of Byggmax Group AB took place on Wednesday, May 9, 2018 in Stockholm, Sweden. On all the motions proposed, the meeting resolved in line with the Board’s and the Nomination Committee’s proposals. The main contents of key resolutions passed at the meeting are detailed below.Resolution on dividend The Annual General Meeting (AGM) resolved to pay a dividend of SEK 2.50 per share for the 2017 fiscal year. The proposed record date for payment of the dividend is Monday, May 14, 2018. Payment of the dividend is expected to be effected by Euroclear Sweden AB on

Skånska Byggvaror, a part of Byggmax Group, executes initiative in the restructuring plan by entering an agreement to divest Pavillon Danmark A/S

Skånska Byggvaror, a part of Byggmax Group, continues to implement the recently communicated restructuring plans towards a modern, more focused leader within “Garden Living”. Following a review of the Danish Pavillon business, Skånska Byggvaror has entered an agreement to divest the wholly owned subsidiary Pavillon Danmark A/S. The non-recurring financial effects coupled with this divestiture are in line with provisions already made in Byggmax Group’s financial results for Q4 2017.Skånska Byggvaror is a leading Nordic e-commerce company with a strong and profitable business within its core

Increase in the number of shares in Byggmax Group AB (PUBL)

Following the subscription for shares by holders of warrants under the framework of the 2013/2017 incentive program, which was previously announced 1 December, 2017, the number of shares and votes in the Byggmax Group AB (publ) (the ”Company”) has increased.The number of shares and votes in the Company increased by 6,000 and the share capital increased by SEK 2,000. Following the increase, the number of shares and votes in the Company amounted to 60,999,045 and the Company’s share capital to SEK 20,333,015.01.  This information is information that the Company is obliged to make public

Exercise of warrants in Byggmax Group AB (publ)

Employees of the Byggmax Group have subscribed for shares in Byggmax Group AB (publ) (the “Company”) under the framework of the incentive program established in May 2013 (W2 2013/2017), for which the subscription period for shares was open from May 30, 2017 until November 30, 2017.In May 2013, the Company adopted an incentive program comprising an assignment of warrants to key individuals in the Byggmax Group. Furthermore, the warrants were issued free of any consideration to the wholly owned subsidiary Byggmax AB to later, in turn, be assigned to the participants in the incentive program.

Byggmax opens new store in Tranås

During the spring of 2018, Byggmax will open a store in Tranås, which will employ 4-6 people.“We want it to be possible for everyone to realize the building projects of their dreams and we believe that our concept with great building materials at low prices makes it possible”, says Marcus Essesjö, Country Manager Byggmax Sweden. The new store will be part of the concept Byggmax Mini. This has been possible, since Byggmax has been able to adjust the costs in order to open stores in smaller towns, which we have done in Mariannelund and Kalix during 2017. Byggmax Mini are stores with a

Byggmax opens new store in Ljusdal

During the spring of 2018, Byggmax will open a store in Ljusdal, which will employ 4-6 people.“If everyone in Sweden has a Byggmax store nearby, it will be possible for more people to realize the building projects of their dreams at a lower cost”, says Region Manager Jens Kristofersson. The new store will be part of the concept Byggmax Mini. This has been possible, since Byggmax has been able to adjust the costs in order to open stores in smaller towns, which we have done in Mariannelund and Kalix during 2017. Byggmax Mini are stores with a slightly reduced variety of products. Online

Invitation to conference call Interim report January 1 – September 30, 2017

Byggmax interim report for the third quarter 2017 will be published on Wednesday October 18, at approximately 08.00 AM. A teleconference will be held on the same day, in English, at 10.30 AM.Byggmax CEO Mattias Ankarberg and CFO Pernilla Walfridsson will present the results for the third quarter 2017 and answer questions.Presentation material will be available from 08.30 AM on October 18 at www.byggmax.se  under Financial Information / Financial reports.To join the conference call the following numbers: from Sweden+ 46 (0)8-505 963 06, from United Kingdom+44 (0)

Increase in the number of shares in Byggmax Group AB (PUBL)

Following the subscription for shares by holders of warrants under the framework of the 2013/2017 incentive program, which was previously announced 5 September, 2017, the number of shares and votes in the Byggmax Group AB (publ) (the ”Company”) has increased.The number of shares and votes in the Company increased by 86 000 and the share capital increased by SEK 28,666.67. Following the increase, the number of shares and votes in the Company amounted to 60,993,045 and the Company’s share capital to SEK 20,331,015.01.  This information is information that the Company is obliged to make

Nomination Committee

The 2017 Annual General Meeting of the Byggmax Group AB tasked the Chairman of the Board of Directors to, annually and not later than the end of the third quarter every year, convene the three largest shareholders in the company, as registered at August 31 according to Euroclear Sweden AB, which are then each entitled to appoint one member of the Nomination Committee. In addition to the above, the Chairman of the Board is also a member of the Nomination Committee. The mandate period of the Nomination Committee extends until such time as a new Nomination Committee has been appointed.The

Exercise of warrants in the Byggmax Group AB (PUBL)

Employees of the Byggmax Group have subscribed for shares in the Byggmax Group AB (publ) (the “Company”) under the framework of the incentive program established in May 2013 (W2 2013/2017), for which the subscription period for shares (May 30, 2017 until November 30, 2017) is now open. In May 2013, the Company adopted an incentive program comprising an assignment of warrants to key individuals in the Byggmax Group. Furthermore, the warrants were issued free of any consideration to the wholly owned subsidiary Byggmax AB to later, in turn, be assigned to the participants in the incentive

Byggmax implements new strategy in Finland – closes fours stores, and opens one new

Byggmax reorganize the store network in Finland to improve profitability and implement a new growth strategy. Byggmax will close the stores in Jyväskylä, Oulu, Pirkkala and Seinäjoki, and open a new store in Riihimäki. Due to the reorganization 11 employment relationships will be terminated. The new store in Riihimäki will employ five persons. Co-operation negotiations are still in progress at the store in Kangasala.Byggmax will reorganize the store network in Finland, in order to improve profitability and implement a new expansion plan for the Finnish business. According to the finalized

Oscar Tjärnberg new CEO for Skånska Byggvaror

Oscar Tjärnberg assumes the position as CEO of Skånska Byggvaror as of October 1, 2017. Oscar has long and broad experience from e-commerce, and is currently CEO of Lekmer. The current CEO Anders Johansson Eickhoff choses to leave the company after five successful years.CEO Anders Johansson Eickhoff has during almost five very successful years lead and developed Skånska Byggvaror. The business has grown faster than ever before during it’s 50 year history, the company has expanded to Norway and Denmark, and e-commere has been complemented with 14 showroom stores. In addition to leading the

Invitation to conference call Interim report January 1 – June 30, 2017

Byggmax interim report for the second quarter 2017 will be published on Monday July 17, at approximately 08.00 AM. A teleconference will be held on the same day, in English, at 10.30 AM.Byggmax CEO Mattias Ankarberg and CFO Pernilla Walfridsson will present the results for the second quarter 2017 and answer questions.Presentation material will be available from 08.30 AM on July 17 at www.byggmax.se  under Financial Information / Financial reports.To join the conference call the following numbers: from Sweden+ 46 (0)8-505 963 06, from United Kingdom+44 (0)203

Increase in the number of shares in Byggmax Group AB

Following the subscription for shares by holders of warrants under the framework of the 2013/2017 incentive program, which was previously announced June 2, 2017, the number of shares and votes in the Byggmax Group AB (publ) (the ”Company”) has increased.The number of shares and votes in the Company increased by 170,000 and the share capital increased by SEK 56,666.67. Following the increase, the number of shares and votes in the Company amounted to 60,907,045 and the Company’s share capital totaled SEK 20,302, 348.  This information is information that the Company is obliged to make

Byggmax launches new store concept

A part of Byggmax new strategy is to open mini stores in Mariannelund and Kalix this summer. If the initiative is successful, more stores will open in smaller locations all over Sweden.“Byggmax wants to help DIY-ers all over Sweden realize their building dreams to a reasonable price and we believe that our low price concept can make that happen. This is why we now want to test opening stores at smaller locations. These mini stores will have a reduced store assortment but our online assortment is as always available for order and pick-up in the local store", says Mattias Ankarberg, CEO of

Byggmax opens new store concept for gardening

On June 19th, Byggmax will open its first store specializing in plants and garden products, called Byggmax Trädgård (ei Byggmax Garden)Borlänge is the first location opening a Byggmax Trädgård store, followed by Vellinge in the beginning of July. The new stores are situated on the same premises as Byggmax stores in both locations and the new concept offers a complete assortment for customers interested in gardening.  “We are very excited to be able to take this step and are looking forward to the launch of this new garden concept”, says Mattias Ankarberg, CEO Byggmax Group.

Key personnel at the Byggmax Group acquire warrants

Key personnel at the Byggmax Group acquired 1,087,000 warrants under the recently decided 2017/2020 incentive program.The Annual General Meeting on May 10, 2017 resolved in favor of an incentive program, comprising a private placement of warrants to the subsidiary, Byggmax AB, for onward assignment at market value to key individuals at the Byggmax Group. Each warrant entitles the holder, during the period June 8, 2020 through December 7, 2020, to subscribe for one (1) share in the Byggmax Group AB (publ) at a subscription price of SEK 67.50. The resolution means that 41 key individuals at

Byggmax Group updates strategy and sets more ambitious financial goals – focus on strengths-based growth

Byggmax Group will focus its strategy on growing from the strong profitable core it has today, and further improve the operational models. Some concepts, as Design Your Living and Byggmax+ are closed or paused, and focus will be on organic growth through proven strengths within store expansion, e-commerce, and assortment development. As part of this strategy, two initiatives will be launched this summer: trialling a smaller store format in smaller towns, and a concept for the garden segment done the Byggmax way – with convenient drive-in, quality products, and lowest prices.  With this new

Byggmax Group AB (publ) 2017 Annual General Meeting

The Annual General Meeting of Byggmax Group AB took place on Wednesday, May 10, 2017 in Stockholm, Sweden. On all the motions proposed, the meeting resolved in line with the Board’s and the Nomination Committee’s proposals. The main contents of key resolutions passed at the meeting are detailed below.Resolution on dividend The Annual General Meeting (AGM) resolved to pay a dividend of SEK 2.40 per share for the 2016 fiscal year. The proposed record date for payment of the dividend is Friday, May 12, 2017. Payment of the dividend is expected to be effected by Euroclear Sweden AB on

Sarah König new Head of Group Expansion at Byggmax Group

Byggmax Group hires Sarah König as Head of Group Expansion, and member of Group management.Sarah joins from Steen & Ström, where she is the Leasing Director for Sweden, and member of the Scandinavian Management team. In this role, she has the leasing responsibility for some of Sweden’s strongest shopping centers, working in an international environment. Steen & Ström is a subsidiary of Klepierre, one of Europe’s largest shopping center property company.  Sarah holds a degree in Law and has more than 16 years’ experience from the real estate industry, in a number of positions. In addition

Invitation to Byggmax Group Capital Markets Event

Welcome to Byggmax Group capital markets event – a presentation of the updated strategic planByggmax Group will hold a capital markets event on June 7 at 17:00, to present our updated strategic plan. The event will take place at Carnegie Investment Bank, Regeringsgatan 56, Stockholm and will last approximately until appr. 19:30. Food/snacks will be served. We will hold a presentation followed by a Q&A.  You will meet Mattias Ankarberg, CEO, Pernilla Walfridsson, CFO, along with other members of the group management team. If you want to attend, please respond to:  Annica Ridell,

Byggmax opens new store in Veddesta

The low-price retailer Byggmax opens a store at Debetvägen 8 in Veddesta, Järfälla, on May 19th. The store will employ five to six people and approximately the same number of seasonal employees. The store in Veddesta will be Byggmax 83rd store since the start in 2006.– For a long time we have wanted to open a store in Järfälla and now we have found a good location for Byggmax in a fantastic commercial area.  It feels great to be able to open in Veddesta and offer more customers the opportunity to purchase high quality building material at competitive prices, fast and easy, says Johan

Notification of the general meeting of Byggmax Group AB (publ)

Shareholders of Byggmax Group AB (publ), Corp. Reg. No. 556656-3531, (the “Company”) are hereby notified of the Annual General Meeting (AGM) to be held on Wednesday, May 10, 2017, at 10:00 a.m. at Coor Alviks Strand Konferens, Gustavlundsvägen 141, Bromma.Notification, etc. Shareholders who wish to participate at the AGM must: · both be listed in the register of shareholders maintained by Euroclear Sweden AB on Thursday, May 4, 2017, and · notify the Company of their intention to attend the AGM, no later than at 4:00 p.m. on Thursday, May 4, 2017, to the address Byggmax Group AB (

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