The construction company Byggmax reports an operating profit of 258 million kronor for the third quarter. It was completely in line with the analysts' expectations, according to Bloomberg's compilation. During the same quarter last year, the operating result was 235 million kronor.
Revenue was simultaneously 1.9 billion. Here, the expectations were over 2 billion. Sales decreased by 2.8 percent compared to last year. The operating margin was 13.3 percent compared to last year's 12.
”A sharper focus on our core offerings has, among other things, meant continued purification of the e-commerce range, something that contributes to increased relevance and improved profitability, but in the short term to a slightly reduced turnover”, writes CEO Karl Sandlund in the interim report.
