Business
BMAX: Q1 sales fell 5%, but strong margins and lower net debt position the business for summer growth
BMAX: Q1 sales fell 5%, but strong margins and lower net debt position the business for summer growth
About this update from Byggmax Group Ab
Q1 2026 sales declined 5% year-over-year due to cold weather, but gross margin and cost control kept operating profit nearly flat. Net debt/EBITDA improved to 1.1x, and the company is well positioned for the high season amid cautious but recovering consumer sentiment.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.