Balco Group Ab · OMXSTO:BALCO
Balco Group Ab — Q4 2024 Earnings Presentation
12 slides from Balco Group Ab's earnings presentation, Feb 10, 2025
Slide 1: Q4 Report 2024
Q4 Report 2024 January - December 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: Strong cash flow for the quarter and the full year
Q4 2024 Strong cash flow for the quarter and the full year Order intake Order intake Order intake increased by 22 percent to 360 MSEK (295) in the quarter and by 41 percent for the full year to 1,377 MSEK 360 MSEK 295 MSEK (1,215 MSEK). Oct – Dec 2024 Oct – Dec 2023 Organic order intake was unchange
Slide 4: Market update
Market update The market situation has been largely unchanged since the previous quarter. There is increased customer activity in the renovation segment for our balcony 70 90 companies in Sweden and Norway. years lifetime years lifetime Order intake and sales have developed well in Norway in 2024 wi
Slide 5: Quarterly results
Quarterly results • Net sales increased by 33 percent to 386 MSEK (290). Acquired growth was 34 percent, currency effect was -2 percent, and organic growth was 1 percent. Net sales FY increased by 17 percent to 1,418 MSEK (1,215). • Adjusted operating profit (EBITA) amounted to 18 MSEK (15), corresp
Slide 6: Renovation
Renovation • Net sales in the quarter increased by 16 percent to 281 MSEK (242), which corresponds to 73 percent (83) of the total net sales. Net sales FY amounted to 1,000 MSEK (1,088). • Order intake in the quarter increased by 6 percent to 285 MSEK (269), which corresponds to 79 percent (91) of t
Slide 7: New build
New build • Net sales in the quarter increased by 121 percent to 106 MSEK (48), which corresponds to 27 percent (17) of the total net sales. Net sales FY increased by 229 percent to 418 MSEK (127). • Order intake in the quarter increased by 184 percent to 75 MSEK (26), which corresponds to 21 percen
Slide 8: Financial position
Financial position • At the end of the year, the Group’s equity amounted to 801 MSEK (748). Equity ratio at 49 percent (59). • Interest-bearing net debt excluding leasing debt in relation to adjusted EBITDA (proforma) amounted to 2.7 times (1.6). Page 8 | Balco Group Q4 Report 1 January – 31 Decembe
Slide 9: Sustainability update
Sustainability update • The risk rating according to Sustainalytics was lowered/improved to 17.2 (19.1), which means that we are among the 6 percent with the lowest risk rating in our industry “Building Products” and among the 20 percent with the lowest risk rating of all companies. • Sickness absen
Slide 10: Acquisition strategy
Acquisition strategy Long experience in acquisitions • Acquisitions are an important part of Balco Group's growth strategy. Our experience from previous acquisitions has given us a clear and structured process for the successful integration and development of the acquired companies. What are we look
Slide 11: Concluding remarks
Concluding remarks Summary Balco Group has • Net sales in 2024 of 1,418 MSEK and adj. EBITA-margin 4.9 a strong market percent. position with high • Order intake in 2024 of 1,377 MSEK, organic order intake quality and long unchanged for the full-year, but 6 percent increase in H2. durability. Outloo
Slide 12: Q&A
Q&A