BYGGMA BMA ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE

BYGGMA ASA - INTERIM REPORT Q1 2026

15. May 2026 kl. 08:30

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.