Balco Group Ab · OMXSTO:BALCO
Balco Group Ab — Q2 2025 Earnings Presentation
10 slides from Balco Group Ab's earnings presentation, Jul 14, 2025
Slide 1: Q2 Report 2025
Q2 Report 2025 January - June CAMILLA EKDAHL, CEO MICHAEL GRINDBORN, CFO BALCO / RIIKKU / BALCO ALTANER / RK TEKNIK / TBO-HAGLINDS / STORA FASAD / SÖDERÅSEN / SUOMEN OHUTLEVYASENNUS
Slide 2: Snapshot of Balco Group
REVENUE PER MARKET (2024) Snapshot of Balco Group 13% The Group • Balco Group was founded in 1987 and consists of the companies Balco, Riikku, RK Teknik, TBO-Haglinds, Balco 43% Altaner, Stora Fasad, Söderåsens Mur & Kakel and Suomen ohutlevyasennus. 45% • The head office is in Växjö, and the group
Slide 3: Record high order intake
Q2 2025 Record high order intake Order intake Order intake 519 MSEK 380 MSEK Order intake in the quarter is the highest historically for Balco Group and amounted to 519 MSEK, which is an increase of 37 percent compared to the previous year. Apr – Jun 2025 Apr – Jun 2024 - An order in the maritime se
Slide 4: Market update
Market update The trend of increased activity, especially in the Swedish and Norwegian renovation markets, is continuing. 70 90 Customers are becoming more willing to make investment decisions, even though years lifetime years lifetime the processes continue to be long. City balconies Glazed balconi
Slide 5: Quarterly results
Quarterly results REVENUE AND ADJUSTED OPERATING PROFIT, MSEK • Net sales amounted to 331 MSEK (374). 386 374 Organic growth was -7 percent and currency effect was -5 percent. 346 326 331 331 316 290 Net sales YTD amounted to 647 MSEK (700). 253 8,9% • Adjusted operating result (EBITA) amounted to 6
Slide 6: Renovation
Renovation REVENUE AND EBIT, MSEK • Net sales in the quarter amounted to 253 MSEK (251), which corresponds to 76 322 281 percent (67) of the total net sales. 242 251 247 236 253 225 222 Net sales YTD amounted to 490 MSEK (473). 9,4% • Order intake in the quarter increased by 52 percent to 386 MSEK (
Slide 7: New build
New build REVENUE AND EBIT, MSEK • Net sales in the quarter amounted to 78 MSEK (123), which corresponds to 24 percent (33) of the total net sales. 123 Net sales YTD amounted to 157 MSEK (228). 104 106 84 79 78 • Order intake in the quarter increased by 6 percent to 133 MSEK (126), which 48 24 28 co
Slide 8: Financial position
Financial position OPERATING CASH FLOW, MSEK • At the end of the quarter, the Group’s equity amounted to 753 MSEK (798). Equity/assets ratio at 45 percent (47). 64 58 18 • Interest-bearing net debt including leasing debt in relation to adjusted EBITDA 6 18 amounted to 5.6 times (3.3). -7 -10 -1 -30
Slide 9: Concluding remarks
Concluding remarks Outlook Balco Group has • We are cautiously optimistic for the rest of the year regarding a strong market order intake for renovation projects. position with high • For the new build segment in the Nordic countries, we see that quality and long the recovery will take longer. durab
Slide 10: Q&A
Q&A