Balco Group Ab · OMXSTO:BALCO
Balco Group Ab — Q1 2025 Earnings Presentation
10 slides from Balco Group Ab's earnings presentation, Apr 28, 2025
Slide 1: Q1 Report 2025
Q1 Report 2025 January - March 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: Major structural changes made
Q1 2025 Major structural changes made Adjusted EBITA-margin Net sales 316 MSEK 326 MSEK Adjusted EBITA-margin amounted to -0,9% (5,0%). - Delays in processes Jan – Mar 2025 Jan – Mar 2024 - Over capacity in production - Project deviations in one big project Actions taken - Major reduction of manning
Slide 4: Market update
Market update Throughout 2024, we saw an increase in the number of requests for quotations, and the trend continues in the first quarter as well. 70 90 However, the recovery in general growth is slower than all economic forecasts years lifetime years lifetime indicated in the autumn of 2024. City ba
Slide 5: Quarterly results
Quarterly results • Net sales amounted to 316 MSEK (326). Acquired growth was 8 percent, currency effect was -1 percent, and organic growth was -10 percent. • Adjusted operating result (EBITA) amounted to -3 MSEK (16), corresponding to an adjusted EBITA-margin of -0.9 percent (5.0). • Order intake a
Slide 6: Renovation
Renovation • Net sales in the quarter increased to 236 MSEK (222), which corresponds to 75 percent (68) of the total net sales. • Order intake in the quarter amounted to 208 MSEK (285), which corresponds to 76 percent (81) of the total order intake. • Adjusted operating result (EBITA) in the quarter
Slide 7: New build
New build • Net sales in the quarter amounted to 79 MSEK (104), which corresponds to 25 percent (32) of the total net sales. • Order intake in the quarter amounted to 67 MSEK (67), which corresponds to 24 percent (19) of the total order intake. • Adjusted operating result (EBITA) in the quarter amou
Slide 8: Financial position
Financial position • At the end of the quarter, the Group’s equity amounted to 757 MSEK (801). Equity/assets ratio at 47 percent (47). • Interest-bearing net debt excluding leasing debt in relation to adjusted EBITDA amounted to 4.0 times (3.2). • The banking agreement with Danske Bank with a sustai
Slide 9: Concluding remarks
Concluding remarks Outlook Balco Group has • Our assessment that the overall market will gradually improve a strong market remains, but the recovery will take longer, and setbacks will occur as new unrest and uncertainty arise in our operating position with high environment. quality and long • The n
Slide 10: Q&A
Q&A