Year-End Report Byggmax Group January 1 - December 31, 2022
Stronger position in a tough market
Summary of the fourth quarter of 2022
• Net sales amounted to SEK 1,170 M (1,301), representing a decrease of 10.0 percent.
• The Group’s currency adjusted like-for-like sales decreased by 15.2 percent.
• The gross margin was 35.2 percent (34.8).
• EBITA amounted to SEK -28 M (25), with an EBITA margin of -2.4 percent (1.9).
• EBIT amounted to SEK -42 M (12), with an EBIT margin of -3.6 percent (0.9).
• Net profit for the period amounted to SEK -60 M (-22).
• Earnings per share totaled SEK 1.03 (-0.37).
• Cash flow from operating activities amounts to SEK -127 M (-109).
• Four (one) store opened during the period.
• Byggmax Group has signed a SEK 500 M sustainability-linked revolving credit facility with Handelsbanken.
• Given both low visibility on demand for larger renovation projects and many opportunities for add-on acquisitions, the board has chosen to recommend to not pay any dividend for 2023.
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 January 31, 2023 at 8 a.m.