Byggmax remains 9 per cent below previous year's level

The Swedish Byggmax Group's net sales in the first quarter were 9.0 per cent lower than in the same period last year, amounting to SEK 866 mio (EUR 74.9 mio). On a like-for-like basis, sales fell by 9.1 per cent. The number of stores increased by five to 2011.

The decline in sales in the home market of Sweden was significantly lower. Here, the group generated sales of SEK 624 mio (EUR 53.9 mio), 4.9 per cent less than in the same period last year. In Denmark, Finland and Norway, sales fell by 17.7 per cent to SEK 250 mio (EUR 21.6 mio).