Byggmax Group AB Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 11:30 am IST
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Byggmax Group AB (publ) reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was SEK 1,271 million compared to SEK 1,111 million a year ago. Revenue was SEK 1,281 million compared to SEK 1,119 million a year ago. Net loss was SEK 23 million compared to SEK 11 million a year ago. Basic loss per share from continuing operations was SEK 0.39 compared to SEK 0.17 a year ago. Diluted loss per share from continuing operations was SEK 0.39 compared to SEK 0.17 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 
