Interim Report Byggmax Group 1 January - 30 September, 2024
Improved profitability in the third quarter
”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
The third quarter 2024
- Net sales amounted to SEK 1,965 M (1,960), an increase of 0.3 percent.
- Exchange rate effects had a negative impact on net sales of 1.3 percent. The Group’s like-for-like sales increased by 1.3 percent.
- The comparable costs, i.e. costs excluding new and closed stores, decreased SEK 5 M (68).
- EBITA amounted to SEK 249 M (210), an EBITA-margin of 12.7 percent (10.7).
- Zero (one) stores opened and one (two) were closed during the period.
This is information that Byggmax Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication on October 25, 2024 at 07:45 am CET.