Bygghemma Group First AB Announces Unaudited Consolidated Financial Results for the Quarter and Year Ended December 31, 2018
January 31, 2019 at 10:12 pm IST
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Bygghemma Group First AB announced unaudited consolidated financial results for the quarter and year ended December 31, 2018. For the quarter, the company reported total sales of SEK 1,279.7 million against SEK 1,079.7 million a year ago. Total net sales were SEK 1,280.2 million against SEK 1,082.1 million a year ago. Operating income was SEK 44.1 million against SEK 5.2 million a year ago. Net income for the period was SEK 49.5 million against negative SEK 8.2 million a year ago. Earnings per share before dilution were SEK 0.45 against negative SEK 1.37 a year ago.
For the year, the company reported total sales of SEK 4,973.7 million against SEK 3,955.5 million a year ago. Total net sales were SEK 4,973.7 million against SEK 3,961.7 million a year ago. Operating income was SEK 87.2 million against SEK 91.5 million a year ago. Net income for the period was SEK 50.8 million against SEK 28.7 million a year ago. Earnings per share before dilution were SEK 0.00 against negative SEK 3.99 a year ago.
BHG Group AB, formerly Bygghemma Group First AB, is a Sweden-based online provider of home improvement products. The Companyâs operations comprise two segments: DIY and Home furnishing. The DIY segment includes do it yourself products for home and garden improvement. It comprises such online stores as bygghemma.se, netrauta.fi, taloon.com, frishop.dk, badshop.se, talotarvike.com, stonefactory.se, golvpoolen.se, lindstromsbad.se, vitvaruexperten.se, tvexperten.se, among others, as well as showrooms. The Home furnishing segment sells furniture and decor. It includes such online stores as trademax.se, chilli.se, kodin.fi, furniturebox.se, myhomemobler.dk and wegot.se, among others, as well as showrooms. The Company operates in Sweden, Finland, Norway and Denmark.
BHG GROUP AB 
