BHG Group AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 28, 2021 at 01:00 am EDT
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BHG Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was SEK 3,060.5 million compared to SEK 2,290.3 million a year ago. Revenue was SEK 3,061 million compared to SEK 2,290.7 million a year ago. Net income was SEK 61 million compared to SEK 133 million a year ago. Basic earnings per share from continuing operations was SEK 0.5 compared to SEK 1.24 a year ago. Diluted earnings per share from continuing operations was SEK 0.49 compared to SEK 1.22 a year ago.
For the nine months, sales was SEK 9,178.8 million compared to SEK 6,613.6 million a year ago. Revenue was SEK 9,179.5 million compared to SEK 6,613.7 million a year ago. Net income was SEK 370.4 million compared to SEK 323.9 million a year ago. Basic earnings per share from continuing operations was SEK 3.09 compared to SEK 3.02 a year ago. Diluted earnings per share from continuing operations was SEK 3.05 compared to SEK 2.98 a year ago.
BHG Group AB, formerly Bygghemma Group First AB, is a Sweden-based online provider of home improvement products. The Companyâs operations comprise two segments: DIY and Home furnishing. The DIY segment includes do it yourself products for home and garden improvement. It comprises such online stores as bygghemma.se, netrauta.fi, taloon.com, frishop.dk, badshop.se, talotarvike.com, stonefactory.se, golvpoolen.se, lindstromsbad.se, vitvaruexperten.se, tvexperten.se, among others, as well as showrooms. The Home furnishing segment sells furniture and decor. It includes such online stores as trademax.se, chilli.se, kodin.fi, furniturebox.se, myhomemobler.dk and wegot.se, among others, as well as showrooms. The Company operates in Sweden, Finland, Norway and Denmark.
BHG GROUP AB 
