BYGGMA ASA - INTERIM REPORT Q3 2026
The Group's sales revenues in Q3 2026 amounted to NOK 523.3 million compared to NOK 537.8 in same period in 2025, which is a NOK 14.5 million (2.7 %) decrease from Q3 2025. The revenues YTD in 2026 amounted to NOK 1,776.0 million, compared to NOK 1,766.2 million in 2025. An increase of NOK 9.8 million (0.6 %).
The EBITDA in Q3 was 58.6 million in 2026, compared to 61.8 million in 2025. The Group generated YTD EBITDA of NOK 174.2 million in 2026, compared with NOK 175.5 million in the same period of 2025.
The adjusted operating profit in Q3 2026 was NOK 48.2 million compared to NOK 57.2 million in the same period last year. The YTD adjusted operating profit is NOK 137.8 million in 2026, compared with NOK 127.5 million in the same period of 2025. The operating profit contains non-recurring items, please see reconciliation of adjusted operating profit in Alternative Performance Measures after the notes to the interim report.
From 9 March 2023 the investment in Norske Skog ASA is classified as an investment in associate and is accounted for using the equity method in accordance with IAS 28. Share of profit from associate is NOK 62.4 million YTD in 2026. See Norske Skog ASA's latest quarterly report and annual accounts for more information.
The Group achieved an adjusted profit before tax YTD in 2026 of NOK 38.1 million, compared to NOK 36.5 million last year.
YTD in 2026 net financials amounted to an expense of NOK 70.1 million which is NOK 2.8 million decrease in cost compared to the same period in 2025. The main reasons for the change in net finance costs are changes in interest rates and changes in the fair value of interest rate swaps. A breakdown of net finance costs is provided in Note 3.
The liquidity reserve as of 30 September 2026 amounted to NOK 47.0 million, an reduction of NOK 36.5 million from 1 January 2026. The Board of Directors will maintain its focus on capital and cost-efficiency.
Net interest-bearing debt have decreased from NOK 1,253.8 million as of 1 January 2026 to NOK 1,239.1 million as of 30th of September 2026. As of the third quarter of 2026, there were acquired loans of NOK 2.4 million.
Investments in tangible fixed assets and intangible assets YTD in 2026 totaled NOK 60.4 million which is NOK 19.4 million lower than in 2025.
Total assets decreased from NOK 2,916.6 million as at 1 January 2026 to NOK 2,883.7 million as of 30th of September 2026. Booked equity as of 30th of September 2026 was NOK 1,074.3 million (37.3 %), which is an increase of NOK 50.9 million compared to 1 January 2026 (35.1 %). The reasons for the change in equity are due to the profit of the year of NOK 114.4 million, a currency translation difference of NOK 6.3 million and share of other comprehensive income from associate of NOK -69.9 million.