Byggmax Group AB (FRA:BYY)
€ 3.746 0.056 (1.52%) Market Cap: 221.03 Mil Enterprise Value: 426.74 Mil PE Ratio: 726.00 PB Ratio: 1.11 GF Score: 81/100

Q1 2019 Byggmax Group AB Earnings Call Transcript

Apr 17, 2019 / 08:30AM GMT
Release Date Price: €3.32 (+1.53%)
Operator

Hello, and welcome to the Byggmax Q1 Report for 2019. (Operator Instructions) And just to remind you, this conference call is being recorded.

Today, I'm pleased to present Mattias Ankarberg, the CEO; and Pernilla Walfridsson, the CFO. Please go ahead with your meeting.

Mattias Ankarberg;publ;President;CEO
Byggmax Group AB

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Thank you, operator, and welcome to this Q1 conference call. I, Mattias, will start by going through the business overview and then Pernilla will dig into the financials in more detail. And we will talk off the presentation available on our website.

At start, we think from the year, Q1 was good. Overall, sales and profitability increased. Sales was up 7.5%. Gross margin is good and cost control is good. And the EBITA margin, operating margin, so to speak, went up by 3.7 percentage points.

We see that the market continued to grow in Q1 as it did in Q4, positively affected by the weather, although not as favorable as 2 years ago and we continue to take market

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