Byggmax Group Ab · OMXSTO:BMAX
Byggmax Group Ab — Q3 2025 Earnings Presentation
17 slides from Byggmax Group Ab's earnings presentation, Oct 24, 2025
Slide 1: Byggmax Conference Call Q3 Report 2025
BYGGMAX CONFERENCE CALL Q3 REPORT 2025 October 24, 2025 Karl Sandlund, CEO Helena Nathhorst, CFO
Slide 2: Continued improvement of profitability
CONTINUED IMPROVEMENT OF PROFITABILITY Q3 2025 r Sales decreased by 0.8% Net sales, SEK M 1949 rd Continued improvement of profitability Net sales, % -0.8% r Focus on core and simplification EBITA, SEK M 272 r Leverage down to 0.4x EBITA-margin, % 14.0% oO A well-prepared high season Net debt, SEK M
Slide 3: Everybody has the right to a fantastic home
EVERYBODY HAS THE RIGHT TO A FANTASTIC HOME Attractive position on valuable market ®@ Butiker Showrooms, Right assortment stores combined with e-com Low price and quick & easy shopping We care people, society, environment BYGGMAX:
Slide 4: Byggmax Group - Q3 2025
BYGGMAX GROUP - Q3 2025 CASH FLOW FROM NUMBER OF OPERATING SHARE OF E- STORES NET SALES R12 EBITA R12 ACTIVITIES R12 COMMERCE R12 SEK | SEK | SEK 212 | 6ibn | 348M | 830M | 18%
Slide 5: Development of macro indicators
DEVELOPMENT OF MACRO INDICATORS Inflation rates Consumer confidence House transactions Sweden (R12) 14% 20 — 65 oO c 9 @ 60 12% 10 g F 55 10% is) 50 8% f \ 45 ~10 \ 6% \ 40 -20 35 4% 30 -30 2% Xo ° 0% Inflation last month each quarter 40 Average each quarter 20 %, - Qi Q@3 Qi Q3 Qi Q3 Qi Q3 QI Q3 Qi
Slide 6: Positive development within garden projects, larger renovations still affected by hesitating consumers
POSITIVE DEVELOPMENT WITHIN GARDEN PROJECTS, LARGER RENOVATIONS STILL AFFECTED BY HESITATING CONSUMERS Garden related projects Larger renovations Positive development within garden projects Improved sales of small garden buildings Larger renovations and volumes still affected by hesitating consumers
Slide 7: Strong operational performance during high season
STRONG OPERATIONAL PERFORMANCE DURING HIGH SEASON High store standard > low waste Strong cost control Efficient supply & logistics y BYGGMAX
Slide 8: Continuous improvements to the customer experience
CONTINUOUS IMPROVEMENTS TO THE CUSTOMER EXPERIENCE The right assortment and well-stocked stores More self-service check-outs Improved digital support Fo 2 = VAR SMART HANDLA BILLIGT SS RSS - Service level inst res ef be SS lll Q_ Séki vart breda sortiment CHATTA SMART — FA SVAR OCH HANDLA DIREKT! ho
Slide 9: Positive effects from changes in e-com
POSITIVE EFFECTS FROM CHANGES IN E-COM Streamlined e-commerce Positive impact from shipping assortment options We continue to sharpen our product offering Secure relevant and attractive products for our customers Refinement of the e-commerce offering — higher relevance and profitability, short-term
Slide 10: Improved position to build from
IMPROVED POSITION TO BUILD FROM We have built a solid foundation... BYGGMAX Strong balance Operational Efficient sheet Excellence offering 10 ..ready for the future Customer focus through continuous enhancement of our offering Capitalize on commercial investments, drive volume in store network Lever
Slide 11: Continued profitability growth in volatile market
CONTINUED PROFITABILITY GROWTH IN VOLATILE MARKET R12 Sales R12 EBITA-margin SEK billion Percent 7,5 8 7,0 7 6 Slow sales recovery 65 5 a Profitability strengthened over 60 the past six quarters 2 5,5 5,0 wo ° vn o> > > oh ph ph Ak 0 0 0 iy > 4? dP? Pp ak Ak Ao SS SS SF SS SS SK SSS SOS FS SS I CoO
Slide 12: Maintained sales, strong gross margin
MAINTAINED SALES, STRONG GROSS MARGIN Sales (by geography) Gross margin Sales SEK millions Percent + -0.8% vs last year * Growth in Sweden * Removed e-com assortment 37.4 , 2% 1965 1949 35.9 approximately -2% + Improved e-com assortment and logistics * Early ordering and payment Sweden 1451 * Low wa
Slide 13: Strong operational excellence
STRONG OPERATIONAL EXCELLENCE Cost development year-on-year Personnel and other operating expenses -4% 11% “10% -13% -9% -2% -7% 2% 1% 2% 1% Qi Q2 Q3 4 Qi Q2 Q3 4 Qi Q2 Q3 2023 2024 2025 # stores 209 211 212 13 BYGGMAX
Slide 14: Strengthened profitability
STRENGTHENED PROFITABILITY EBITA, SEK millions Total oPpEx 110 i 4 1 : Pe 1-14 -4 285 YTD 2024 Gross New Closed | Deprec- profit stores stores { iation Write- down 400 YTD 2025
Slide 15: Capital efficiency and continued reduced net debt
CAPITAL EFFICIENCY AND CONTINUED REDUCED NET DEBT Net working capital SEK millions 531 368 371-4354 Q3 Q3 Q3 Q3 2022 2023 2024 2025 15 CAPEX R12 SEK millions 269 176 86 Q3 Q3 Q3 2022 2023 2024 77 Q3 2025 Net debt SEK millions 904 630 488 Q3 Q3 Q3 2022 2023 2024 196 BYGGMAX
Slide 16: Prepared for the future
PREPARED FOR THE FUTURE Solid foundation established Attractive assortment, high customer satisfaction, short lead-times + Well positioned for when the market improves oy Position Hy Focus * Focus on customers, driving sales while leveraging operational efficiency ¢ Prioritize simplicity and speed i
Slide 17: Smart handla billigt
R SMART HANDLA BILLIGT