Brief: Byggmax Q4 EBIT Loss Narrows To SEK 15.6 Mln

Byggmax AB

28/01/2020 07:07

Jan 28 (Reuters) - Byggmax Group AB  BMAX.ST :
    * YEAR-END REPORT JANUARY - DECEMBER 2019
    * AS EXPECTED, EARLY ARRIVAL OF AUTUMN HAD A NEGATIVE EFFECT
ON
SALES IN Q4
    * STRONG GROSS MARGIN AND SOLID COST CONTROL LED TO AN
OPERATING
PROFIT (EBITA) IN LINE WITH SAME QUARTER LAST YEAR
    * Q4 NET SALES SEK 949.9 MILLION VERSUS SEK  998.6 MILLION
YEAR
AGO
    * Q4  GROSS MARGIN INCREASED TO 33.3 PERCENT (31.3)
    * 2019 WAS A YEAR IN RIGHT DIRECTION, WITH GOOD PROFIT
GROWTH AND
STRENGTHENING OF OUR CUSTOMER OFFER
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF SEK 1.16 (0.00)
PER
SHARE.
    * Q4 EBIT LOSS SEK 15.6 MILLION VERSUS LOSS SEK 16.3 MILLION
YEAR
AGO

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