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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.
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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