Weather, e-commerce and new format

20.04.2015
Byggmax sees like-for-like growth of twelve per cent in the first quarter

Byggmax increased its sales in the first quarter of 2015 by 12.0 per cent in like-for-like terms and by 17.0 per cent overall to SEK 570.0 mio. Apart from the mild weather, president Magnus Agervald cited the much-improved online business and sales growth in the stores converted to the new Byggmax 2.0 format as reasons for the increase. Out of a total of 103 stores in the chain in Sweden, Norway and Finland, 78 are now operating under the new concept. Nine further store makeovers are scheduled for the second quarter.
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