Balco Group AB (BALCO) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Balco Group Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.702 -- 00:00:05.567 Hello and welcome to today's presentation with Balco Group. 00:00:05.567 -- 00:00:10.915 We have the CEO Camille Rector and CFO Mikael Grinborn presenting the Q1 00:00:10.915 -- 00:00:13.516 report for 2025. 00:00:13.539 -- 00:00:17.464 We'll do a Q&A after the presentation and if you're calling in or would like to ask a 00:00:17.464 -- 00:00:22.291 question, please press star 9 to raise your hand and star 6 to mute yourself. 00:00:22.291 -- 00:00:25.616 You can also type in your questions using the form to the right. 00:00:25.616 -- 00:00:29.538 And with that said, please go ahead with your presentation. 00:00:30.162 -- 00:00:36.203 Thank you. Welcome to the Q1 presentation for Barco Group. 00:00:36.203 -- 00:00:41.289 First of all, I would like to make a very quick snapshot for 00:00:41.289 -- 00:00:44.854 the new listeners regarding Barco Group. 00:00:44.854 -- 00:00:51.102 Barco Group was founded in 1987 and consists of several balcony and facade companies. 00:00:51.102 -- 00:00:56.832 The head office is in Växjö and the group has today about 600 employees. 00:00:56.832 -- 00:01:01.878 We operate in two main segments, the renovation and new build, and the core expertise 00:01:01.878 -- 00:01:05.382 is to supply glazed balcony and balcony solutions. 00:01:05.382 -- 00:01:10.766 But we also have a broad portfolio of different kinds of balcony solutions. 00:01:11.329 -- 00:01:15.595 We are the market leader in the Nordic countries with the key markets, Sweden, Denmark, 00:01:15.595 -- 00:01:19.399 Norway and Finland, and a challenger 00:01:19.399 -- 00:01:23.842 position in Northern European markets. 00:01:23.866 -- 00:01:29.059 By saying so, we go over to quarter one. And we had 00:01:29.059 -- 00:01:31.665 a weak result in the f...