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Winner, Winner: The Chicken McNugget Story
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Byggma
Byggma (BMA) investor relations material
Byggma Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary6 Nov, 2026
Executive summary
Q3 revenue fell 2.7% YoY to NOK 523.3m; adjusted operating profit declined to NOK 48.2m from NOK 57.2m amid higher input costs and weaker post-summer activity.
YTD revenue rose 0.6% to NOK 1,776.0m and adjusted operating profit increased to NOK 137.8m from NOK 127.5m; YTD net income was NOK 114.4m vs NOK 173.5m.
Growth priorities include product innovation, higher-value products, available capacity and potential M&A, with an organic sales vision of NOK 3,000m.
Financial highlights
Q3 EBITDA was NOK 58.6m vs NOK 61.8m; YTD EBITDA was NOK 174.2m vs NOK 175.5m.
YTD operating cash flow was NOK 69.1m vs NOK 18.8m; cash flow before interest and tax was NOK 128m vs NOK 86m.
Q3 net income was NOK 44.7m vs NOK 59.8m; YTD PBT was NOK 130.2m vs NOK 186.2m, while adjusted PBT increased to NOK 38.1m from NOK 36.5m.
YTD share of profit from the associate was NOK 62.4m vs NOK 131.7m; Q3 share was NOK 27.4m vs NOK 33.1m.
Outlook and guidance
Housing sales exceeded starts in recent months, suggesting a possible market bottom; timing of recovery remains uncertain and Nordic housing activity is below underlying demand.
Housing need in Norway is 30,000 units annually versus 13,657 sold and 15,654 commissioned over the prior 12 months.
Smartpanel-to-Huntonit transfer cost savings are expected through autumn, reaching full effect from early 2027.
Priorities include cost reductions, efficiency, automation, product innovation, sales outside Norway and portfolio expansion through strategic adaptations, alliances or transactions.
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Latest events from Byggma
- Q4 associate income buoyed profit as housing weakness cut FY sales and adjusted earnings.BMA
Q4 2023 - Q2 2026 revenue rose 2% year-over-year, with margins and innovation driving growth.BMAQ2 2026
- Q1 2026 saw 2.6% sales growth and resilient margins amid market headwinds and innovation.BMAQ1 2026
- 2025 sales rose 8.4% to NOK 2,349m, with net profit rebounding to NOK 108m despite tough conditions.BMAQ4 2025
- Profitability and sales rose despite market headwinds, with strong UK and Windows segment growth.BMAQ3 2025
- Solid sales growth and resilience amid tough market, with strategic focus on innovation and sustainability.BMAQ2 2025
- Q3 2024 revenue up 7% YoY; growth expected from innovation and M&A despite market headwinds.BMAQ3 2024
- Revenue and profit dropped, but profitability held and growth investments continue.BMAQ2 2024
- Strong sales and profit growth achieved despite historic market weakness, led by exports and innovation.BMAQ1 2025
Next Byggma earnings date
Q4 202626 Feb, 2027
Byggma
Next Byggma earnings date
Q4 202626 Feb, 2027
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Frequently asked questions
Byggma ASA is a Norwegian company that manufactures and distributes building materials across the Nordic region and internationally. Its product offerings include pre-painted wall and ceiling panels under the Huntonit brand, I-beams for wood-based buildings under the Masonite brand, and structural and particle boards through the Forestia brand. The company also provides doors and windows under the Uldal brand and lighting solutions through Aneta Lighting. Additionally, Byggma produces MDF panels for interior applications such as kitchens and bathrooms under the Smartpanel brand. The company is headquartered in Vennesla, Norway, and its shares are listed on the Oslo Stock Exchange.