Byggmax profit rises as cautious households weigh on wood products sales

Net sales rose to SEK 2.26 billion, up from SEK 2.20 billion.

"High gross margin, good cost control and strong operational execution contributed to increased profitability," CEO Karl Sandlund writes in a comment in the company's interim report.

"Consumer confidence is below normal levels and households are still cautious about major projects and renovations. This is reflected in weak demand for categories such as wood products. At the same time, categories related to gardening and small projects strengthened," he adds.