Brief: Byggmax Q4 EBIT rises, sales in comparable stores drop
24/01/2017 07:00
Jan 24 (Reuters) - Byggmax BMAX.ST
* Q4 EBIT amounted to SEK 55.22 m (35.5). Pro forma EBIT was
SEK 43.5 M for the fourth quarter of 2015.
* Q4 net sales for comparable stores decreased 9.1 percent
* The gross margin was 29.8 percent (32.4).
* Says the board of directors proposes a dividend of SEK 2.4
(2.14) per share.
* Says market trend is over time positive in Sweden. The
market grew strongly during the first half of 2016, which means
market development will probably remain weak in the first half
of 2017
* Says in both the Finnish and Norwegian market, uncertainty
remains regarding economic developments.
* Says we plan to continue grow through both online sales
and stores and aim to open 8 to 12 new stores in 2017.
Further company coverage: BMAX.ST
(Stockholm Newsroom)
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