Byggmax Group AB (publ) (BMAX) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everybody and welcome to the Big Max Group Q4 Interim Report. My name is Elliot and I'll be coordinating your call today. If you would like to register a question during today's event, please press star 1 on your telephone keypad. I would now like to hand over to Carl Sandelan, CEO. Please go ahead. Thank you very much, and again a very warm welcome to this conference call where we will present Big Max Group's year-end report for 2025. I'm Carl Sandlund, the CEO, and with me is, of course, our CFO. And as always, the presentation we will be referring to is available on our website, and we will try to direct you to the relevant section during this call. I start with a brief business update followed by a walkthrough of the financials. After the presentations we will open the floor for questions. So let's begin and please go to page number two in the presentation. For big banks 2025 has been a strong year. We defined clear focus areas for the year and through determined efforts, we have secured both increased profitability and further strengthened financial position. And I will come back to some of the drivers for this later, but let's start with the overall results. Our EBITDA margin increased to 5.9% for the full year. That's two percentage points higher than in 2024. Earnings per share were 3.25 Swedish krona, almost tripled versus the year before. If we instead look from a balance sheet perspective, when we closed 2005, we had a net debt of 354 million. And this year level is the lowest we've had for more than 10 years, a clear sign of our successful work when it comes to secure a strong financial position. Our life-alike sales growth was 3.4% for the full year, and that's despite the refined e-commerce assortment, which led to lower sales. And the growth was ...