Edition:
United Kingdom

Byggmax Group AB (BMAX.ST)

BMAX.ST on Stockholm Stock Exchange

52.00SEK
18 Jan 2018
Change (% chg)

-1.20kr (-2.26%)
Prev Close
53.20kr
Open
53.40kr
Day's High
53.80kr
Day's Low
50.70kr
Volume
1,362,670
Avg. Vol
314,466
52-wk High
71.00kr
52-wk Low
50.70kr

Latest Key Developments (Source: Significant Developments)

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

Byggmax appoints Mattias Ankarberg as new CEO
Thursday, 29 Sep 2016 

Byggmax Group AB : Mattias Ankarberg appointed new CEO of Byggmax Group . Ankarberg will assume the position on November 14, 2016 . Ankarberg has for the last seven years worked at H&M, most recently as global head of sales and marketing Further company coverage: [BMAX.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

Byggmax Q2 comparable sales growth slows
Friday, 15 Jul 2016 

Byggmax : Q2 net sales amounted to sek 1,738.7 m (1,294.6) . Q2 EBITDA amounted to sek 193.8 m (151.4) . Q2 net sales for comparable stores increased 6.1 percent (10.3) For the original story click here: http://bit.ly/29Xk8y4 Further company coverage: [BMAX.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Byggmax sets new long term targets
Tuesday, 19 Apr 2016 

Byggmax Group AB:New financial targets mean that Byggmax net sales is to grow 15 percent per year over time, inclusive of acquisitions, and has to maintain an EBITDA margin of not less than 9 percent.The dividend should be not less than 50 percent of net profit.The company's ambition, which is not a financial target, is to reach net sales of 10 billion Swedish crowns with an EBITDA margin of 10 percent in FY 2020.  Full Article

Byggmax Group AB opens store in Trelleborg
Monday, 8 Feb 2016 

Byggmax Group AB:‍Opens a store in Trelleborg during summer of 2016​.  Full Article

BRIEF-Byggmax to restructure Skånska Byggvaror, take one-off charge in Q4

* GROUP RESTRUCTURES SKÅNSKA BYGGVAROR TO EXECUTE THE STRATEGY FOR PROFITABLE GROWTH