Slide 1: Q3 Report 2025
Q3 Report 2025 January - September CAMILLA EKDAHL, CEO MICHAEL GRINDBORN, CFO CARIN BENGTSSON, interim 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: Highlights during the quarter
Q3 2025 Highlights during the quarter Order intake Order intake Order intake in the quarter was 222 MSEK. This is lower than previous year, but the positive trend remains. 222 MSEK 285 MSEK Jul – Sep 2025 Jul – Sep 2024 The last two quarters together show an increase of 11 procent. - First orders in
Slide 4: Market update
Market update 70 90 • The trend of increased activity, especially in the Swedish and Norwegian renovation markets, is continuing. Customers are becoming more willing to make investment decisions, even though the processes continue to be long. years lifetime years lifetime • The Danish market continu
Slide 5: Quarterly results
Quarterly results REVENUE AND ADJUSTED OPERATING PROFIT, MSEK • Net sales amounted to 277 MSEK (331). 386 374 Organic growth was -13 percent and currency effect was -3 percent. 326 331 316 331 290 277 Net sales YTD amounted to 924 MSEK (1,031). 253 • Adjusted operating result (EBITA) amounted to 3 M
Slide 6: Renovation
Renovation REVENUE AND EBIT, MSEK 281 • Net sales in the quarter amounted to 206 MSEK (247), which corresponds to 75 242 251 247 236 253 225 222 percent (75) of the total net sales. 206 Net sales YTD amounted to 696 MSEK (719). • Order intake in the quarter amounted to 188 MSEK (250), which correspo
Slide 7: New build
New build REVENUE AND EBIT, MSEK • Net sales in the quarter amounted to 70 MSEK (84), which corresponds to 25 percent (25) of the total net sales. 123 Net sales YTD amounted to 228 MSEK (312). 104 106 84 79 78 70 • Order intake in the quarter amounted to 33 MSEK (35), which corresponds to 48 15 perc
Slide 8: Financial position
Financial position OPERATING CASH FLOW, MSEK • At the end of the quarter, the Group’s equity amounted to 744 MSEK (791). Equity/assets ratio at 44 percent (49). 64 58 • Interest-bearing net debt including leasing debt in relation to adjusted EBITDA 18 6 18 3 amounted to 6.8 times (2.8). -1 -7 -30 •
Slide 9: Concluding remarks
Concluding remarks Outlook Balco Group has • We are cautiously optimistic for the rest of the year regarding order intake for renovation projects. a strong market The renovation market remains – timing. position with high • For the new build segment in the Nordic countries, we see that quality and l
Slide 10: Q&A
Q&A