Byggmax DIY stores make 5.6 per cent more sales

The Swiss Byggmax group made sales of SEK 1.7990 bn (EUR 170.45 mio) in the second quarter of 2019 and thus achieved growth of 3.9 per cent. The primary sales channel Byggmax grew by 5.6 per cent to SEK 1.5717 bn (EUR 148.85 mio). The plus came about through the addition of eight locations compared to mid 2018, as like-for-like figures were minus 1.8 per cent. Overall and before adjusting for currency effects, sales rose by 7.1 per cent. The Skånska Byggvaror sales channel made SEK 202 mio (EUR 19.14 mio) and thus 0.4 per cent more sales than in the same quarter of the previous year. In the first half of the year the group's sales totalled an overall SEK 2.5144 bn (EUR 238.23 mio) which corresponds to a growth of 4.9 per cent. The Byggmax sales channel grew by 7.0 per cent in the first six months, however made 0.4 per cent less on a like-for-like basis.