Balco Group AB (BALCO) Q2 2025 Earnings Call

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WEBVTT 00:00:00.132 -- 00:00:05.320 Hi and welcome to Balco Group's second quarter report for 2025. 00:00:05.320 -- 00:00:10.829 With us to present we have President and CEO Camilla Ekdahl as well as CFO 00:00:10.829 -- 00:00:13.230 Mikael Grindborn. 00:00:13.313 -- 00:00:16.358 At the end of the presentation we'll have a Q&A. 00:00:16.358 -- 00:00:21.326 If you're on call and have a question press star 9 to raise your hand and then press 00:00:21.326 -- 00:00:24.571 star 6 to unmute yourself when given the word. 00:00:24.571 -- 00:00:27.588 You can also send in questions in the form to your right. 00:00:27.588 -- 00:00:32.052 And with that said, I give the word to you, Camilla. 00:00:32.395 -- 00:00:38.761 Thank you and welcome all to our quarter two presentation. 00:00:38.864 -- 00:00:44.532 First of all, for all new listeners, a short snapshot of Balko Group. 00:00:44.532 -- 00:00:50.701 Balko Group was founded in 1987 and consists of several balcony and facade companies. 00:00:50.701 -- 00:00:57.153 The head office is in Växjö and the group has approximately 600 employees. 00:00:57.153 -- 00:01:01.841 Balko operates in two main segments, renovations and new build. 00:01:01.841 -- 00:01:06.930 The core expertise is to supply glazed balconies and balcony solutions, primarily 00:01:06.930 -- 00:01:11.057 on the renovation market and to tenant-owned associations. 00:01:11.057 -- 00:01:16.065 The group has a broad offering of balcony solutions and a complementary offering such 00:01:16.065 -- 00:01:22.718 as facade renovation, and it can also act as a turnkey supplier in renovation projects. 00:01:22.718 -- 00:01:26.624 The key markets are Sweden, Denmark, Norway, and Finland. 00:01:26.624 -- 00:01:32.309 We also have a strong challenger position on other Northern Eur...