News | Plus 39 Prozent

Back

“Best quarter in history” for Byggmax

There are now more than 150 Byggmax stores in Sweden, Norway and Finland.

There are now more than 150 Byggmax stores in Sweden, Norway and Finland.

"Best quarter in history" is how the Swedish DIY chain Byggmax describes the second quarter of 2020. Compared with the same period last year, net sales increased by 38.9 per cent to SEK 2.499 bn (EUR 240.4 mio). The group's currency-adjusted like-for-like sales increased by 39.2 per cent.

According to the company, the sales increase was boosted by exceptional market growth and strategic initiatives that generated approximately 10 per cent growth. These included investment in e-commerce, via which sales rose by 62 per cent. Here the click & collect offering was revealed as the preferred option of customers. The proportion of these orders increased last year by four per cent to 14 per cent. The Byggmax management estimates the growth of the overall market in Scandinavia at 20 to 30 per cent, strongest in April. The reason for this was the "stay home" effect during the Covid-19 pandemic.

|16 July 2020 | 12:16


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Sales by French home improvement stores increased in June by 30 per cent

After a sharp fall in sales by the French DIY store operators in the months of March and April of this year at minus 49.2 and 61.7 per cent, the View news...

Les Mousquetaires acquires majority of BricoPrivé

The French group Les Mousquetaires has entered into a strategic alliance with BricoPrivé by acquiring a majority stake. According to an announcement View news...

Home Depot Opening Three New Distribution Centers

Home Depot has announced that it will open three new distribution centres in Georgia over the next 18 months to support the growing demand for View news...

Egger with stable annual results 2019/2020

In financial year 2019/2020, the Egger group generated sales of EUR 2.832 bn (minus 0.4 per cent compared to the previous year) and an EBITDA of EUR View news...

DIY International | Service

DIY International Corona special

The Coronavirus crisis and the DIY industry

All news, reports and information from the DIY International editorial team in connection with the corona epidemic at a glance. The pages are constantly updated. As the situation changes very quickly, please note the date and time of the respective publication.

CORONA special

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!