On Wednesday the 31st of March at Midday CEST John W. Herbert will continue the “Meet the CEO” series with an interview with Mattias Ankarberg, CEO of Byggmax.
Byggmax offers straightforward and excellent value construction materials and do-it-yourself products of high quality at the best price. No matter customers’ budget or previous experiences, Byggmax provide their customers with the know-how and the confidence to fulfil their construction dreams.
With over 170 physical locations in Sweden, Norway and Finland, as well as a popular online store, Byggmax is one of the foremost retail chains for construction and do-it-yourself products in the Nordics. The group’s annual revenue 2020 was SEK 6.8 billion and the corporate group is listed on Nasdaq.
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The building and home improvement trade ended up growing by 4.8 per cent in 2020, but the growth was not evenly distributed in the industry. There was a clear difference between consumer and professional customer trade. As larger projects went on ice, consumers themselves began to improve the home and yard.
The high levels of new construction, which has been taking place for several years, started to decline in 2020, which was reflected in the professional customer trade. “Consumers, on the other hand, found pleasure in do-it-yourself, which was also reflected in the sales development focused strongly on consumer sales,” says Minna Liuksiala, CEO of the construction and DIY retail association RASI ry.
“Almost all yard and garden products were sold in record terms. Outdoor decking and grills, as well as plants and garden products saw a huge increase in demand. Demand for larger garden investments, such as outdoor hot tubs, also exceeded all expectations” continued Minna Liuksiala.