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.

5 October 2010
Byggmax opens in Avesta
Press release 2010-10-05
The low-price retailer Byggmax opens a store in Avesta in the spring of 2011. The store will employ five people, in addition to approximately five to seven seasonal employees. Byggmax has more than doubled the number of stores since 2003. There are currently 53 stores throughout Sweden and Avesta is the 54th store. The newly built store in Avesta is situated at Koppardalsvägen 20.
- For a long time we have wanted to establish a location in Avesta, 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 Borlänge and Falun are doing well, so it feels great to be able to open in Avesta, says Marcus Hed, regional manager at Byggmax.

Koppardalsvägen 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 Avesta will be the third store in Dalarna. The stores in Borlänge and Falun have been well received. Byggmax’s experience is that people from Dalarna are competent DIY-customers and professionals who want quality at a low cost.

- We are very pleased that Byggmax is establishing in the city. It is important for the city to have a growing and diversified economy. It is a signal that Avesta is an attractive place to work and live in, says Agneta Thörnqvist, municipal commissioner council in Avesta.

The only Swedish-owned construction supply chain

Byggmax is the only fully Swedish-owned supplier of building materials in the Nordic region. Byggmax sells construction materials such as sawn timber, flooring, dry-wall, cement, windows, doors and paint to both DIY-customers and professionals. The concept is based on offering customers quality products at a low price. Since 1998 the company has had the lowest prices in price surveys done by Dagens Nyheter, one of Swedens largest newspapers. Byggmax is also considered the cheapest chain by the magazine “Vi i Villa”.

Byggmax can see a steadily growing interest for DIY. A study done in 2007 shows that one in three Swedes plan to do one or more construction projects outdoors during the summer. The most popular in recent years has been to build a patio.