BYGGMA
BMA
ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE
BYGGMA ASA - INTERIM REPORT Q1 2026
Byggma Group: The Group’s sales revenues in Q1 2026 amounted to NOK 652.5 million which is a NOK 16.5 million (2.6%) increase from Q1 2025.
The EBITDA in Q1 was 77.0 million in 2026, compared to 77.4 million in 2025.
The adjusted operating profit in Q1 2026 was NOK 55.2 million compared to NOK 55.4 million in the same period last year. 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 was NOK 68.8 million in Q1 2026. See Norske Skog ASA's latest quarterly report and annual accounts for more information.
The Group achieved an adjusted profit before tax in Q1 2026 of NOK 33.6 million, compared to NOK 30.6 million last year.
Q1 2026 net financials amounted to an expense of NOK 21.6 million which is NOK 3.1 million decrease in cost compared to the same period in 2025. The main reasons for the decrease in net financial expenses are increased interest rates, and changes in the value of interest rate swaps. Please see note 3 for specification of net financials.
The liquidity reserve as of 31 March 2026 amounted to NOK 99.6 million, an increase of NOK 16.1 million from 1 January 2026. The Board of Directors will maintain its focus on capital and cost-efficiency.
Net interest-bearing debt are decreased from NOK 1,253.8 million as of 1 January 2026 to NOK 1,221.8 million as of 31 March 2026. As of the first quarter of 2026, there were acquired loans of NOK 2.0 million.
Investments in tangible fixed assets and intangible assets in Q1 2026 totaled NOK 16.1 million which is NOK 24.2 million lower than in 2025.
Total assets increased from NOK 2,916.6 million as at 1 January 2026 to NOK 2,950.3 million as at 31 March 2026. Booked equity as of 31 March 2026 was NOK 1,093.3 million (37.1 %), which is a increase of NOK 69.8 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 114.8 million, a currency translation difference of NOK 7.7 million and share of other comprehensive income from associate of NOK -46.6 million.