Brief: Byggmax Q3 EBITA Excl. Non-Recurring Items Up At SEK 220.4 Mln

Byggmax AB

21/10/2019 08:30

Oct 21 (Reuters) - Byggmax Group AB  BMAX.ST :
    * Q3 INTERIM REPORT JANUARY - SEPTEMBER 2019
    * Q3 NET SALES INCREASED BY 5.9 PERCENT TO SEK 1,813.1 M
(1,712.7)
    * Q3 EBITA EXCLUDING NON RECURRING ITEMS2 INCREASED TO SEK
220.4 M
(185.7)1 AND CORRESPONDING EBITA MARGIN WAS 12.2 PERCENT (10.8)
    * Q3 GROSS MARGIN INCREASED TO 32.2 PERCENT (30.7)
    * AS RESULT OF IFRS 16, FROM 2019, PROFITABILITY TARGET WILL
BE
UPDATED TO AN EBITA MARGIN OF 7-8%
    * TARGETS FOR OPERATIONS REMAIN UNCHANGED

Source text for Eikon:  ID:nWkrbLcD5H 
Further company coverage:  BMAX.ST 

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