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Byggma (BMA) investor relations material

Byggma Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary27 Aug, 2025

Executive summary

  • Sales revenues YTD increased by 12.7% to NOK 1,228.4 million compared to the same period last year, with adjusted operating profit rising to NOK 73.0 million from NOK 60.7 million.

  • Despite historically low construction activity, profitability was maintained, reflecting operational resilience.

  • Strategic investments in innovation, sustainability, and automation continue, including a new logistics center and product launches.

  • Significant ownership in Norske Skog ASA, with 26.8% of share capital controlled as of August 2025.

Financial highlights

  • Q2 2025 sales revenues reached NOK 592.4 million, up 8.1% year-over-year.

  • EBITDA for Q2 was NOK 39.6 million, down from NOK 43.8 million in Q2 2024.

  • Adjusted profit before tax YTD was NOK 23.5 million, up from NOK 18.3 million last year.

  • Net financial expenses increased by NOK 7.1 million due to higher overdraft and interest rate swap changes.

  • Net interest-bearing debt rose to NOK 1,439.9 million as of June 30, 2025.

Outlook and guidance

  • Market remains challenging with a significant gap between housing demand and supply, but pent-up demand is expected to drive future growth.

  • Commercial and public building activity is stable; renovation and extension markets are expected to grow.

  • Continued focus on cost efficiency, strategic alliances, and investments in digitization and sustainability.

  • Well positioned for market recovery and long-term growth.

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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.

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