Byggmax Group AB Publ Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 25, 2019 at 12:30 pm IST
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Byggmax Group AB publ announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced total revenue was SEK 1,000.3 million compared to SEK 949.8 million a year ago. Net loss was SEK 14.4 million compared to SEK 58.3 million a year ago. Basic loss per share was SEK 0.2 compared to SEK 1 a year ago. For the full year, total revenue was SEK 5,123.4 million compared to SEK 5,360.8 million a year ago. Net income was SEK 137.6 million compared to SEK 194.6 million a year ago. Basic earnings per share was SEK 2.3 compared to SEK 3.2 a year ago.
Byggmax Group AB is a Sweden-based company active within the construction materials retail sector. The Company is engaged in the discount retail of construction materials in the Nordic do-it-yourself (DIY) market. Its offering includes basic construction materials, such as wood, stone and concrete, isolation materials, doors, windows, flooring, paints and coatings, tools, screws, bolts, basic electrical and ventilation materials, kitchen and toilet fittings, as well as wooden cottage sets. The Company operates Byggmax Norge and Byggmax AB Finland as subsidiaries responsible for retail sails in Norway and Finland, as well as Buildor AB and Skanska Byggvaror as wholly owned subsidiaries. Its largest shareholder is Altor 2003 Sarl, which holds 35.76% of the Companyâs shares. The Company operates 67 stores across Sweden.
BYGGMAX GROUP AB 
