SUSTAINABILITY TARGETS

• Reduce CO2 emissions from own operations by 90% in 5 years compared with year 2020
• Net zero value chain emissions (Scope 1, 2 & 3) by 2040
• 70 percent reduction of CO2 relative to transported ton of goods per 2030 compared to 2010

Targets according to Science Based Targets, reported in line with Greenhouse Gas Protocol standard

FINANCIAL TARGETS

• 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
• Byggmax shall distribute at least 50 percent of net profit, considering the financial position

STRATEGY

•  A strong low-price position with a good customer experience, a relevant product range together with flexible home delivery offerings. 
• Committed employees, efficient processes, and a cost-conscious organization with high sustainability ambitions. 
• An optimized store portfolio combined with a complementary e-commerce portfolio.