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BRIEF-Byggmax Q2 operating profit rises
July 17, 2017 / 7:18 AM / 3 months ago

BRIEF-Byggmax Q2 operating profit rises

STOCKHOLM, July 17 (Reuters) - Byggmax

* Q2 net sales rose 2.1 pct to SEK 1,775.8 mln

* Q2 net sales for comparable stores decreased 0.3 percent

* Q2 EBIT amounted to SEK 171.8 mln (159.2)

* The gross margin was 30.6 percent (29.9)

* Says we expect to meet our goal to open 8 to 12 new stores in 2017, and have so far communicated locations for 10 new stores this year (Reporting by Stockholm Newsroom)

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