Regulatory press releases

On this page, you can find Byggmax’s regulatory press releases, i.e. press releases containing financial information that may affect the share price. Other press releases can be found under the heading non regulatory press releases.

19 October 2010
Byggmax opens in Lidköping in spring 2011
Press release 2010-10-14
The low-price retailer Byggmax opens a store in Lidköping in the spring of 2011. The store will employ five people, in addition to approximately two to three seasonal employees. Byggmax has more than doubled the number of stores in Sweden since 2003. There are currently 53 stores throughout. The newly built store in Lidköping is situated at Skaragatan 110.
- For a long time we have wanted to establish a location in Lidköping, and now we have found a good location for Byggmax, not in the absolute centre, but where a lot of people pass. Our stores in Gothenburg, Skövde and Trollhättan are doing well, so it feels great to be able to open in Lidköping. Says Tony Johansson, regional manager at Byggmax.

Skaragatan in Avesta is a good location, with a large space and the opportunity to establish Byggmax’s concept. Overall, a retail space of approximately 8000 sqm is necessary, where the retail store and the drive-in occupy the most space. Byggmax’s concept is based on offering customers quality products at a low prices, where customers can do a part of the job themselves to keep the costs down. Byggmax in Lidköping will be the sixth store in Västergötland. Byggmax’s experience is that people in Västergötland are competent DIY-customers and professionals who want quality at a low cost.

Good quality at a low price

Byggmax sell construction materials such as lumber, flooring, dry-wall, cement, windows, doors and paint to both professionals and DIY-customers. The Byggmax concept is to offer good quality products at low prices.

Ever since 1998 Byggmax has had the lowest price in “Dagens Nyheter” construction-material-price-comparisons. Byggmax is also the construction material retailer that Swedish house owners deem has the lowest prices, and according to the “Vi i Villa” house owners panel 59% of men and 41% of women believe that Byggmax has the lowest prices, the figures for the closest competitor are 9% and 11%.