Byggmax Group AB (FRA:BYY)
€ 3.588 -0.054 (-1.48%) Market Cap: 219.60 Mil Enterprise Value: 420.60 Mil PE Ratio: 76.84 PB Ratio: 1.04 GF Score: 82/100

Q2 2019 Byggmax Group AB Earnings Call Transcript

Jul 15, 2019 / 08:30AM GMT
Release Date Price: €3.83 (+0.26%)
Operator

Hello and welcome to the Byggmax Q2 Report For 2019. (Operator Instructions) Just to remind you, this conference call is being recorded. And today, I'm pleased to present Mattias Ankarberg, CEO; and Pernilla Walfridsson, CFO. Please go ahead with your meeting.

Mattias Ankarberg;publ;President;CEO
Byggmax Group AB

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Thank you and welcome, everybody, to this Q2 conference call. We will use the presentation on our website as the basis for the conference call. Overall, as a heading for the Q2 is that most things developed really well except the market. In our business gross margin is up and as a unit, we continue to have very good cost control. We continue to see very good reception of new Byggmax stores, and we continue to increase profitability in Skånska Byggvaror. Overall, the earnings are about the same as last year with EBITA excluding non-recurring items down SEK 2 million, SEK 133 million versus SEK 135 million last year. And if we would have looked at the results the way did last year, i.e. excluding

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