Byggmax Group AB (publ) (BMAX) Earnings Call Transcripts

Byggmax Group AB (publ)'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Byggmax Group AB reported revenues of SEK 880 million, a 5% decline year-over-year, primarily due to adverse weather conditions affecting outdoor demand. Despite the revenue drop, the company maintained a strong gross margin and operating profit, which was nearly in line with the previous year, reflecting effective cost control measures. Management emphasized their readiness for the upcoming summer season and highlighted a solid financial position with net debt reduced to SEK 510 million, down from SEK 0.75 billion a year ago. Guidance for the future remains cautiously optimistic, focusing on operational flexibility and customer engagement enhancements.

Reported metrics

Guidance from management

Management remains cautiously optimistic about the upcoming summer season, focusing on operational flexibility and enhancing customer engagement. No specific revenue or earnings guidance was provided.

What management said

Well, as Helena mentioned, we ended the quarter with sales in line with last year. So I think that is the relation of sales between months to do. We had a cold February dampening demand, especially for the outdoor categories, which had an effect on sales, but also on a later ramp-up for the season. But the quarter ended with sales in line with last year.

Thanks, Niklas. Well, I think it was a delayed ramp up, not a pent-up demand, but delayed ramp-up. When it's really cold, it's hard for our customers to do their outdoor projects, right? So I think it's rather a delay of projects than a boost after a cold period.

What analysts pressed on

Analysts expressed concerns regarding the impact of weather on sales and the potential for delayed consumer demand. There were questions about the sustainability of earnings growth given the current consumer sentiment and market conditions.

Main topics on the call

• Revenue Decline — Byggmax reported a revenue of SEK 880 million for Q1 2026, which is a 5% decrease from the same quarter last year. CEO Karl Sandlund noted, "The cold weather in February had a dampening effect, especially on demand for o...
• Strong Gross Margin — Despite the revenue decline, Byggmax maintained a strong gross margin supported by strict cost control and reduced depreciation. CFO Helena Nathhorst stated, "Our performance remains strong, given the circumstances."
• Operational Readiness for Summer Season — Management expressed confidence in their operational readiness for the high season, emphasizing efforts to adjust inventory and staffing. Sandlund mentioned, "We are fully prepared for the upcoming summer season."
• Financial Position Improvement — Byggmax's net debt decreased to SEK 510 million, down from SEK 750 million a year ago, indicating improved financial health. Nathhorst highlighted, "Net debt to EBITDA is at 1.1x compared to 1.8x last year."

Read the full Byggmax Group AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 30 Byggmax Group AB (publ) earnings call transcripts on record, spanning January 28, 2020 to July 10, 2026. Based on this history, Byggmax Group AB (publ) reports quarterly. The most recent call on file is dated July 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BMAX

Exchange

OM

Country

SE

Sector

Consumer Discretionary

Industry

Specialty Retail

Calls on record

30

First call

January 28, 2020

Most recent

July 10, 2026

Reporting cadence

quarterly