Balco Group AB (BALCO) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's presentation with Balko Group, who is going to present a report for the fourth quarter of 2025. With us to present here today is CEO Camilla Ekdal and Interim CFO Karin Bengtsson. After the presentation, there will be a Q&A, so if you're calling in and want to ask a question, please press star 9 to raise your hand and then star 6 to unmute yourself when handed the word. You can also send in questions via the form to the right. And with that said, I hand over the word to you, Camilla. Hi and welcome to the Balco Group Q4 presentation and first of all a very quick and short snapshot about Balco for our new listeners. Balco Group was founded in 1987 and consists of balcony and facade companies. The head office is in Växjö and the group has about 500 employees. Balko operates in two main segments, renovation and new build. And our core expertise is to supply glazed balcony and balcony solutions primarily on the renovation market and to tenant-owned association. But we also have, of course, a broad offering of other balcony solutions, including both open and glazed balconies, as well as facade renovations. Balco Group is a market leader in the Nordics with the key markets being Sweden, Denmark, Norway and Finland. And we also have a strong challenger position on other northern European markets. And if you look on the diagram to the right there, you can see the revenue split per market for 2025, where 45% of other revenue come from the Swedish market, 40% from other Nordics and 15% from other Europe markets. Let's go over to the highlights for the quarter, where we had a very high order intake and also strong cash flow. The order intake increased in the quarter by 45% to record high 521 million SEK. And on a yearly basis, it increased by 12% to...