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

Q4 2019 Byggmax Group AB Earnings Call Transcript

Jan 28, 2020 / 09:30AM GMT
Release Date Price: €2.64 (-0.68%)
Operator

Hello, and welcome to the Byggmax Q4 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 Helena Nathhorst, 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, everybody, to this Byggmax Q4 call. I am also happy to say that we are now joined by our new CFO, Helena, who will present some of the financial developments to you later. As usual, we talk from a presentation available on our website.

And if we start on Page 2 with some highlights, we can see that the Q4 results were stable in terms of profit despite the early autumn that we had anticipated. As expected, the market developed negatively in the outdoor segment due to the early autumn, and net sales decreased by almost 5% and a development very much in line with other autumns with similar weather patterns. But despite that, we delivered a

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