Byggmax finishes 2015 with double-digit growth rates

Byggmax's strong growth continued in the fourth quarter of 2015. The Swedish DIY store operator increased its sales from October to December by 20.7 per cent compared with the same period in 2014 to SEK 839.3 mio. Like-for-like sales also grew by 20.7 per cent.
Sales for 2015 as a whole came to SEK 4.1311 bn, an increase of 16.5 per cent over the previous year, with like-for-like sales up by 12.8 per cent. Following the acquisition of Buildor and Skånska Byggvaror, the proportion of sales generated online rose to 20 per cent.
After opening seven new stores, Byggmax had 119 stores in Sweden, Norway and Finland at the end of 2015.