- Business
- Byggmax Group AB (publ) (BMAX.ST) operates as a discount retailer of building materials and related products for do-it-yourself (DIY) projects and home improvement, targeting private individuals and professional customers across the Nordic region. The company offers an extensive range of core products including wood and board materials; garden products such as sheds, greenhouses and conservatories; tools and machines; electrical and plumbing supplies; fittings, fasteners and fixings; casting, foundation and insulation materials; garage and workshop equipment; windows and doors; paint; flooring and tiles; kitchen and bathroom accessories; as well as wardrobes, storage solutions and spa/sauna products, available through its network of physical stores, e-commerce platforms and online retail channels. Founded in 1993 and headquartered in Solna, Stockholm, Sweden, Byggmax Group conducts the majority of its operations in Sweden, Norway and Finland, with additional presence internationally, operating approximately 212 stores and employing over 1,100 staff. Key subsidiaries include Skånska Byggvaror AB, an online specialist in refined building products founded in 1965 and acquired by Byggmax in 2016 for SEK 936 million; BYGGmax AB, focused on DIY home improvement; and Svea Distribution AB. In recent developments, the company has strengthened profitability through operational efficiencies, including a 50% reduction in out-of-stock products, optimized inventory management and enhanced e-commerce logistics, driving net sales growth of 5.6% to SEK 2.2 billion in Q2 2025 and an improved EBITA margin of 10.8%; additionally, key personnel acquired up to 440,000 warrants under the 2025/2028 incentive program, while the Nomination Committee saw a membership change in November 2025.