Byggmax Group AB (publ) (BMAX) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome everyone to the Big Macs Interim Report Q1 2025. My name is Becky and I'll be your operator today. During the presentation, you can register a question by pressing star followed by one on your keypad. If you change your mind, please press star followed by two. I'll now hand over to your host, Carlos Sanderland, CEO of Big Macs to begin. Please go ahead. Thank you. Thank you very much. And again, welcome to this conference call where we will present Big Mac Group's report for the first quarter of 2025. As you heard, I'm Carl Sandlund, the CEO of Big Mac, and with me is also Hela Latvors, our CFO. And as usual, the presentation is available on our website, and we will try to guide you to the correct page during this call. And I will start with a brief business update, and after that, again, I will walk you through the Q1 financials. And as you heard, once the presentations are finished, we will open up the floor for any questions from you. But with that, I think we start. Let's go to page number two in the presentation. And as you see, we started the first quarter of 2025, like how we concluded 2024. We increased sales compared to the year before, as with a strong gross margin. And together, this meant that we continued to improve our profitability. Our net sales increased by 7.2% compared to the first quarter of last year. Our life-to-life sales is up 7.6%. We have more efforts, and we see that categories related to larger indoor projects developed in a positive way during the quarter. The sales development was quite similar in Sweden and in the rest of Norway. So quite similar pace in those two different areas. We have a high growth margin in the quarter and several reasons for this. One is that demand had been filtered towards products with high ma...