Brief: Byggmax Group Q2 Net Sales Up At 1.80 Bln

Byggmax AB

15/07/2019 07:44

July 15 (Reuters) - Byggmax Group AB  BMAX.ST :
    * Q2 INTERIM REPORT JANUARY - JUNE 2019
    * Q2 NET SALES INCREASED BY 3.9 PERCENT TO SEK 1,799.0 M
(1,731.2)
    * Q2 EBITA EXCLUDING NON RECURRING ITEMS WAS IN LINE WITH
CORRESPONDING PERIOD LAST YEAR AND TOTALED SEK 132.9 M (135.3)
    * IN Q2 BYGGMAX GROUP DEVELOPED POSITIVELY DESPITE A MORE
CAUTIOUS
MARKET
    * AS A RESULT OF IFRS 16, FROM 2019, THE PROFITABILITY TAGET
WILL
BE UPDATED TO AN EBITA MARGIN OF 7-8%

Source text for Eikon:  ID:nWkr5yThfd 
Further company coverage:  BMAX.ST 

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