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Byggmax Group (BMAX) investor relations material

Byggmax Group Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary24 Oct, 2025

Executive summary

  • Profitability improved for the sixth consecutive quarter, with EBITA up to SEK 272 million (249 million) and margin rising to 14.0% (12.7%), despite a 0.8% decrease in net sales year-over-year.

  • Operational excellence, cost control, and a focus on core business and simplification contributed to higher margins and customer satisfaction.

  • E-commerce optimization and product mix contributed to gross margin gains and profitability.

Financial highlights

  • Q3 2025 net sales: SEK 1,949 million (1,965 million), down 0.8% year-over-year, with like-for-like sales down 0.2%.

  • Gross margin increased to 37.4% (35.9%) in Q3; EBITA margin at 14.0% (12.7%).

  • Net profit for Q3: SEK 191 million (169 million); EPS SEK 3.26 (2.88).

  • Net debt reduced to SEK 196 million (488 million), leverage at 0.4x, down from 1.3x a year ago.

  • Cash flow from operating activities (R12): SEK 830 million.

Outlook and guidance

  • Positioned for growth when the market recovers, with a focus on customer experience, operational efficiency, and leveraging commercial investments.

  • E-commerce assortment refinement will continue to impact sales in Q4 and Q1, but is expected to support margins.

  • Expansion potential remains, with focus on new store openings and increasing sales in existing stores.

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Frequently asked questions

A Swedish hardware store chain

Byggmax is a Swedish-based chain selling affordable building materials and related products for home fixers. The Byggmax Group AB operates in Scandinavia and the Baltics through several subsidiaries with a chain of stores. Byggmax was founded in 1993 in Sweden, Stockholm.

They offer products from international brands such as:

  • Wood and wood-based materials

  • Construction materials

  • Electrical materials

  • Screw fixing equipment

  • Paint and related accessories

  • Garden products

Byggmax is one publicly listed company within building materials retail, along with companies such as Hornbach, Home Depot, and Builders FirstSource.

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