Byggmax increases profits with 37% in quarter 2

Regulatory News:

Byggmax (STO:BMAX) publishes preliminary figures for the second quarter before the quarterly report because of significantly increased profits.

During the quarter the sales grew with 14% compared to the same period last year, and the net profits grew with 37%. In the quarter; sales was 1 299 MSEK, EBIT 131 MSEK and the net profit 97 MSEK. E-commerce increased its sales with 52%. The figures are preliminary, and the complete report will be published on the 15:th of July.

About Byggmax

The home improvement discounter chain Byggmax was launched in 1993 and its business concept is to be the best and most inexpensive alternative for consumers in need of high-quality construction materials. In 2007, the Byggmax launched its business in Norway, and the first store in Finland was opened in 2008. Today Byggmax has 74 stores in Sweden, 27 in Norway and 13 in Finland. The company’s sales amounted to approximately SEK 3,5 billion in 2014. Byggmax has been listed on NASDAQ OMX Stockholm since June 2010.

For more information, please visit www.byggmax.com

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