Edition:
United Kingdom

Byggmax Group AB (BMAX.ST)

BMAX.ST on Stockholm Stock Exchange

33.10SEK
10:42am GMT
Change (% chg)

0.65kr (+2.00%)
Prev Close
32.45kr
Open
31.85kr
Day's High
33.45kr
Day's Low
31.85kr
Volume
115,847
Avg. Vol
225,810
52-wk High
57.75kr
52-wk Low
30.80kr

Latest Key Developments (Source: Significant Developments)

Byggmax Q3 profit down as comparable store sales fall sharply
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Byggmax Group AB ::Q3 NET SALES AMOUNTED TO SEK 1,712.7 M (1,812.8), DOWN 5,5 PERCENT.Q3 NET SALES FOR COMPARABLE STORES DECREASED 12.6 PERCENT (+1.0).Q3 EBIT AMOUNTED TO SEK 175.8 M (221.0).SAYS QUARTER WAS AFFECTED BY CHALLENGING EXTERNAL FACTORS.SAYS SALES TREND WAS NEGATIVELY AFFECTED BY HOT SUMMER, AND INCREASED RAW MATERIAL PRICES FOR TIMBER CONTINUED TO NEGATIVELY IMPACT GROSS MARGIN.SAYS SALES TREND WAS ALSO NEGATIVELY IMPACTED BY CHOICE TO DECREASE UNPROFITABLE SALES IN SKÅNSKA BYGGVAROR.  Full Article

Byggmax Q3 operating profit down yr/yr​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Byggmax :Q3 ‍net sales amounted to SEK 1,813 mln ( 1,768 ), up 2.5 percent​.Q3 ‍net sales for comparable stores increased 1.0 percent (0.3).​.Q3 ‍EBIT amounted to SEK 221 mln (235).Says EBITDA excluding non-recurring items amounted to SEK 266 mln (269 mln) ​.Says ‍sales and profitability increased for Byggmax segment and decreased for Skanska byggvaror.Says Skanska Byggvaror’s sales development was negatively impacted by strong comparable figures and reduced investments in product development in earlier periods. September was the weakest sales month of the quarter.Says regarding Skanska Byggvaror: With reduced cost levels and a new CEO in place, we are investing in product development, further detailing the strategic plan, and expect positive financial effects over time ​.  Full Article

CORRECTED-BRIEF-Byggmax Q2 Core Earnings Falls

* Q2 NET SALES AMOUNTED TO SEK 1,731.2 M (1,775.8), DOWN 2.5 PERCENT.