"We have a clear roadmap to deliver on our targets. Based on our strong discount position, we will continue simplifying our operations, leveraging our commercial investments, and elevating our market presence to drive sustainable growth and deliver significant value," says Karl Sandlund, CEO Byggmax.

• Growth exceeding market, implying at least 5 percent annual sales increase over a business cycle

• The EBITA margin should be at least 7 percent per year

• Net debt excl. IFRS 16/EBITDA R12 shall not be more than 2.5x (unchanged)

• Byggmax shall distribute 50 percent of net profit, considering the financial position (unchanged)

These financial targets replace the previously communicated ones from March 2021. It should be noted that the sustainability targets remain the same as before.

Byggmax CEO Karl Sandlund and CFO Helena Nathhorst will provide an update on the new financial targets and the strategic roadmap during a conference call at 10.30 CET today.

Conference call

A presentation will be available before the conference call on our website, https://om.byggmax.se/en/investors/presentations

To join the conference call the following numbers:

SE (Local): +46 10 884 80 16PIN: 819327

UK (Toll Free) +44 800 358 1035PIN: 819327

UK (Local) +44 20 3936 2999PIN: 819327

For other countries see below link:

Global Dial-In Numbers (https://www.netroadshow.com/conferencing/global-numbers?confId=66077)

PIN: 819327

Press *1 to ask a question, *2 to withdraw your question, or *0 for operator assistance.

A recording will be available until Wednesday, June 5, 2024

Sweden and all other locations: +44 020 3936 3001

UK (Toll free): +44 808 304 5227

PIN: 729024

This disclosure contains information that Byggmax Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 29-05-2024 08:00 CET.