Balco Group AB (BALCO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to today's presentation with the Balco Group. With us presenting today, we have the CEO, Camille Ekdal, CFO, Mikael Grinborn, and Interim CFO, Karin Bengtsson. We'll do a Q&A after the presentation, and if you're calling in and would like to ask a question, please press star 9 to raise your hand, and star 6 on your cell phone when you get the word. You can also type in your questions using the form to the right. And with that said, please go ahead with your presentation. Thank you. Welcome to the Balco Group Q3 report presentation. First of all, for all our new listeners, just a short snapshot about Balco Group. Balco Group was founded in 1987 and consists of several balcony and facade companies. The head office is in Växjö, and the group has approximately 550 employees. Balco operates in two main segments, renovation and new build. The core expertise is to supply glazed balconies and balcony solutions, primarily for the renovation market and the tenant-owned associations. Balko Group is a market leader in the Nordics, with the key markets being Sweden, Denmark, Norway and Finland. We have a strong challenger position also on other European markets. And by that, we go over to the quarter. The order intake in the quarter was 222 million SEK. This is lower than the same period previous year. But as I said several times before, you need to look over a longer period than one quarter within our business to see the trends. And we still can see the positive trend. The last two quarters together have shown an increase of 11%. We also can see that some of our projects in the pipeline were postponed for decisions in the quarter, but the projects are still active and we can see a good potential for these to make a positive contribution for the order intake by...