Trade Byggmax Group - BMAX CFD

Trading Conditions

• Type: CFD
• Spread: 0.26
• Long position overnight funding adjustment: -0.01567%
• Short position overnight funding adjustment: -0.00656%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SEK
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Sweden
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 45.9
• Open: 44.3
• 1-Year Change: -12.17%
• Day's Range: 44.3 - 45.64

Trade Byggmax Group - BMAX CFD

About Byggmax Group AB

Byggmax Group AB is a Sweden-based company active within the construction materials retail sector. The Company is engaged in the discount retail of construction materials in the Nordic do-it-yourself (DIY) market. Its offering includes basic construction materials, such as wood, stone and concrete, isolation materials, doors, windows, flooring, paints and coatings, tools, screws, bolts, basic electrical and ventilation materials, kitchen and toilet fittings, as well as wooden cottage sets. The Company operates Byggmax Norge and Byggmax AB Finland as subsidiaries responsible for retail sails in Norway and Finland, as well as Buildor AB and Skanska Byggvaror as wholly owned subsidiaries. Its largest shareholder is Altor 2003 Sarl, which holds 35.76% of the Company’s shares. The Company operates 67 stores across Sweden.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Byggmax Group AB revenues increased 12% to SEK7.65B. Net income applicable to common stockholders increased 28% to SEK621M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Merchandise Margins, Total - % increase of 5% to 34.1%. Dividend per share increased from SEK2.75 to SEK4.00.