Balco Group Ab · OMXSTO:BALCO
Balco Group Ab — Q1 2022 Earnings Presentation
16 slides from Balco Group Ab's earnings presentation, May 6, 2022
Slide 1: Balco Group AB Q1 report 2022
Balco Group AB Q1 report 2022 6 May 2022 Kenneth Lundahl CEO Michael Grindborn, CFO
Slide 2: Q1 – Double-digit growth in order intake, net sales and earnings
Q1 – Double-digit growth in order intake, net sales and earnings 1 Order intake, Order backlog, 2 Covid-19 Net sales and Earnings increase Covid -19 had an negative impact on Net sales, • Order intake +11 percent Order intake and Operating profit during • Order backlog +39 percent January and Februa
Slide 3: Q1 financial highlights
Q1 financial highlights Double-digit growth in order intake, net sales and earnings • Net sales increased by 15 percent to 288 MSEK (250) Net sales • Renovation accounted for 85% of sales and New Build for 15% • Order intake increased by 11 percent to 292 MSEK (263) Order intake and order backlog Th
Slide 4: Q1 – development per business segment: Renovation
Q1 – development per business segment Renovation segment Order intake, MSEK Order backlog, MSEK -3% 47% 246 239 1,378 935 2021 2022 2021 2022 Revenue, MSEK Operating profit, MSEK 24% 31% 246 24 199 18 2021 2022 2021 2022 Balco Group AB – Interim Report 1 January - 31 March 2022
Slide 5: Q1 – development per business segment: New Build
Q1 – development per business segment New Build Order intake, MSEK Order backlog, MSEK -2% 200% 193 189 52 17 2021 2022 2021 2022 Revenue, MSEK Operating profit, MSEK -19% -38% 52 4 42 2 2021 2022 2021 2022 Balco Group AB – Interim Report 1 January - 31 March 2022
Slide 6: Strong financial position
Strong financial position Equity ratio and balance sheet strong, prepared for more acquisitions • Equity/asset ratio at 56,0% (50,5) Equity/asset ratio • Net debt/EBITDA at 1,2x (0.4) Net debt/EBITDA • Net debt (excl. leasing)/EBITDA at 0.6x (0.2) Net profit for the period • Profit after tax 19 MSEK
Slide 7: Financial targets
Financial targets Balco figures LTM 10% per year” Revenue growth Growth “Balco shall achieve growth of 3% 20%per year” Eps growth Profitability “Earnings per share shall grow by 34% 2.5 times operating profit before NET DEBT/ adj. Ebitda 1,2x / 0.6x Capital structure “Interest-bearing net debt shall
Slide 8: Sustainability and Green transformation
Sustainability and Green transformation Sustainability for Balco Group 1 Goal Our vision is to offer energy savings through innovative solutions and Our goal is that within three years: More than 30 percent of the high-quality products in the form of balconies and facade solutions that group’s sales
Slide 9: Balco Living
Balco Living New product segment – Balco will be first in Europe to offer • Significant development resources over one and a half year and will intensify the development resources during this year • New living space at a low construction cost • Additional square meter price on the new space will be
Slide 10: Q&A
Q&A
Slide 11: Financial appendix
Financial appendix
Slide 12: Consolidated income statement
Consolidated income statement Balco Group AB – Interim Report 1 January - 31 March 2022
Slide 13: Consolidated balance sheet
Consolidated balance sheet Balco Group AB – Interim Report 1 January - 31 March 2022
Slide 14: Consolidated cash flow statement
Consolidated cash flow statement Balco Group AB – Interim Report 1 January - 31 March 2022
Slide 15: Key ratios
Key ratios Balco Group AB – Interim Report 1 January - 31 March 2022
Slide 16: Segments financials
Segments financials Balco Group AB – Interim Report 1 January - 31 March 2022