Byggma Asa · OSL:BMA
Byggma Asa — Q3 2025 Earnings Presentation
24 slides from Byggma Asa's earnings presentation, Aug 26, 2025
Slide 1: Q3 2025 results
[Byggma at a glance] Q3 2025 results 26 August 2025 Questions can be directed to ir@byggma.no 1
Slide 2: Company
BYGGMA group Company BYGGMA sour
Slide 3: Byggma is a leading Nordic supplier of building product solutions
Byggma is a leading Nordic supplier of building product solutions Introduction ◼ Leading supplier of building product solutions in the Nordics, with a special focus on various boards, beams, windows & doors, and lighting products Vennesla, Norway ~660 Headquarter Employees ◼ Byggma owns 6 companies/
Slide 4: #1 market position for boards and beams in the Nordics and growing internationally
#1 market position for boards and beams in the Nordics and growing internationally Byggma segment Boards I-beams Windows and doors Lighting Companies / brands Product illustrations Clear #1 position within particle boards, Nordic market 1 decorative interior 1 Clear #1 position Growing market Growin
Slide 5: Highly attractive offering towards all the major building material chains in the Nordics
Highly attractive offering towards all the major building material chains in the Nordics Highest production Superior product In-house developed capacity in the quality versus innovative products Nordics1 competition and solutions Good control of the No need for large Large flexibility in distributio
Slide 6: Financials
BYGGMA group Financials BYGGMA veur
Slide 7: P&L Summary and Highlights
P&L Summary and Highlights ◼ Sales growth of 6.9 % from Q3 2024 to Q3 2025 ◼ Still historically low activity in the newbuild market leads to low sales volumes in 2025. ◼ Adj. Operating Profit margin of 7.4 % in Q3 2025, compared to 7.6 % in Q3 2024. ◼ Revenues from newly launched products such as Hu
Slide 8: Consolidated balance sheet
Consolidated balance sheet ◼ Solid balance and hidden reserves in real estate and land ◼ Equity ratio of 34.5 % as at 30 September 2025 8
Slide 9: Consolidated income statement
Consolidated income statement 9
Slide 10: Byggma is set to continue demonstrated growth through identified growth avenues
Byggma is set to continue demonstrated growth through identified growth avenues Growth initiatives (NOKm) The leading Nordic building M&A solution provider Expand product portfolio, diversify into new segments and Product innovation 3,000 strengthen private labels New product launches and value-adde
Slide 11: Investment highlights
Investment highlights ◼ The leading Nordic provider of woodchip boards, decorative interior panels, wood fibre boards, MDF interior walls & ceiling panels, and I-Beams Market leading position ◼ Growing position in Europe and within adjacent product areas ◼ Sales agreements with all major building ma
Slide 12: Large potential from recent product innovations
Large potential from recent product innovations Walls2Paint Premium Ceiling Proff Vegg 2014 2020 2020 ◼ A ready to paint plain ceiling panel ◼ Click-based wall boards with a unique 4-sided locking profile Description ◼ Wood-based, wallpapered wall boards ◼ Launched after the highly successful ◼ Pain
Slide 13: Segment information
Segment information Sales revenue (NOKm) Q3 2025 Q3 2024 YTD 2025 YTD 2024 2024 2023 2022 Panel sales to extemal customers 377 346 1278 1151 1550 1523 1662 |-Beams sales to extemal customers 62 60 204 186 244 311 457 Window sales to extemal customers 69 66 198 176 254 280 291 Lighting sales to extem
Slide 14: Byggma still has ample available production capacity and high growth potential from value-added products
Byggma still has ample available production capacity and high growth potential from value-added products Company / brand Key financials (2024) Nominal production capacity Available capacity Growth potential Other potential Large potential from Production capacity can transitioning to higher share of
Slide 15: Targeted approach towards environmentally friendly production and initiatives
Targeted approach towards environmentally friendly production and initiatives 1 Raw material sourcing Byggma utilize sustainable wood raw materials from certificated sources 2 Production line 5 Product recycling Byggma has invested in modern and energy efficient production Byggma’s wood-based produc
Slide 16: Byggma's manufacturing and product offering contribute to a more environmentally friendly society
Byggma‘s manufacturing and product offering contribute to a more environmentally friendly society 5.8% 47% The CO2 sequestration from Masonite’s I-beam systems use Byggma’s board products 47% less raw material compared corresponds to 5.8% of the to massive tree constructions Norway’s total road traf
Slide 17: Byggma takes an active role towards sustainability and responsible production
Byggma takes an active role towards sustainability and responsible production Byggma’s main goal is to develop and deliver sustainable solutions based on renewable raw materials and unique competense. Sustainability is, and has always been, a core element in Byggma’s business model and a natural par
Slide 18: Leading Nordic presence, with growing international customer base
Leading Nordic presence, with growing international customer base Production facilitites and offices Revenue by country (NOKm) 3 000 Production and distribution facilities Distribution and offices 2 508 2 500 2 344 2 223 2 167 1 Birkeland 2 052 2 Braskereidfoss 2 000 6 3 Fredrikstad 1 784 493 1 766
Slide 19: Strong topline and profitability improvements last few years
Strong topline and profitability improvements last few years Revenue (NOKm) Consolidated EBITDA and EBIT (NOKm) 2 508 2 344 2 223 2 167 2 052 1 783 1 766 1 619 1 655 1 593 1 515 320 350 270 268 293 233 203 213 193 164 176 143 125 99 110 73 2016 2017 2018 2019 2020 2021 2022 2023 2024 YTD YTD 2019 20
Slide 20: Robust cash conversion ratio
Robust cash conversion ratio Operating cash flow and cash conversion (NOKm) 90% Cash conversion (%) 43% 73% 76% ◼ Byggma has a history of strong cash flow generation over the last years which is set to 23% continue going forward ◼ This has allowed the company to invest significantly in product innov
Slide 21: Consolidated cash flow statement
Consolidated cash flow statement 21
Slide 22: Byggma operates 8 high-end manufacturing and distribution facilities
Byggma operates 8 high-end manufacturing and distribution facilities Huntonit Eiendom AS Aneta Lighting AB Location: Vennesla, Agder Location: Växjö, Sweden Total area: 78,112m2 Total area: 31,728m2 Production area: 19,664m2 Warehouse facility: 6,500m2 Year of construction: 1948-1988 Year of constru
Slide 23: Key takeaways
Key takeaways Market leading position Robust underlying market Strong brands and product offering 1 Long history of profitable growth Attractive growth trajectory 24
Slide 24: [Byggma at a glance]
[Byggma at a glance] www.byggma.no 25