Balco Group AB

Balco Group AB

14.75
SEK
-0.40
(-2.64%)
-0.09EPS
347.63MMarket Cap
Oct 26Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
26.52
29.8
37.41
72.17
49.37
56.88
55.31
51.14
60.87
55.45
61.76
56.25
59.55
Basic EPS, GAAP
-1.12
0.9
0.56
2.75
3.58
4.79
3.58
4.12
3.48
2.09
0.05
-1.55
-0.11
Free Cash Flow per Basic Share
1.09
0.61
1.69
7.32
0.09
4.02
4.47
2.09
5.88
-1.8
3.14
-0.08
-0.5
Dividend per Share
- -
- -
- -
- -
1
2
- -
- -
2
1.5
- -
- -
- -
Book Value per Share
5.03
5.91
6.51
18.03
20.56
23.8
27.32
31.58
33.31
34.06
34.26
31.82
31.87
Tangible Book Value per Share
-12.13
-11.9
-11.34
0.13
-0.65
2.8
6.81
6.12
6.24
5.42
-0.29
-3.27
-3.34
Basic Weighted Avg Shares
21
21
21
14
21
21
22
22
22
22
23
23
23
Sales/Revenue/Turnover
568
639
802
989
1,058
1,221
1,200
1,120
1,334
1,215
1,418
1,295
1,371
Operating Margin (%)
3.25
7.77
6.66
8.63
9.91
11.37
9.61
10.4
6.81
5.03
2.4
-2.34
1.15
Depreciation Expense
9
12
14
17
20
35
38
38
42
44
50
46
- -
Net Income, GAAP
-24
19
12
38
77
103
78
90
76
46
1
-36
-3
Effective Tax Rate (%)
- -
22.42
46.94
31.9
22.86
21.91
26.56
19.16
19.5
17
7.99
- -
- -
Profit Margin (%)
-4.24
3.02
1.5
3.81
7.25
8.42
6.47
8.05
5.71
3.78
0.07
-2.76
-0.19
Working Capital
-53
-43
-28
60
110
171
223
197
90
156
208
232
228
LT Debt
302
293
305
188
271
250
230
194
136
225
409
519
517
Total Equity
108
127
140
386
440
515
599
692
731
748
793
736
738
Return on Invested Capital (%)
- -
10.3
6.49
11.06
11.82
13.73
9.69
10.26
8.9
6.08
2.86
- -
- -
Return on Capital (%)
- -
9.92
6.42
11.09
12.4
14.23
9.89
10.65
9.1
6.2
1.74
- -
- -
Return on Common Equity (%)
- -
16.45
9.06
14.32
18.57
21.53
13.95
13.98
10.71
6.22
0.14
-4.7
-0.35

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
21
20
18
LT Borrowings
475
475
475
LT Finance Leases
44
43
42
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
398
355
348

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
629
595
569
Cash, Cash Equivalents & STI
158
169
81
Accounts Receivable, Net
184
138
181
Inventories
61
63
63
Total Current Liabilities
397
370
341
Payables & Accruals
- -
- -
- -
ST Debt
21
20
18
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.67%
4.48%
-7.16%
Free Cash Flow
403.25%
-77.34%
-102.53%
Net Income, GAAP
-332.41%
-722.48%
-3,475.57%
Sales/Revenue/Turnover
8.11%
2.31%
-8.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
326
374
331
387
1,418
2025
316
331
- -
371
1,295
2026
299
370
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.15
-0.03
-0.07
0.05
2025
-1.3
- -
- -
-0.02
-1.55
2026
-0.03
-0.07
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Johan Dyberg
Full Time Employees
544
Sector
Consumer durables
Industry
Homebuilding
Address
Älgvägen 4 Växjö KR Sweden 352 45
IPO Date
Oct 6, 2017
Business
Balco Group AB engages in the development, manufacturing, sales, and installation of innovative balcony solutions and facade renovations across Northern Europe. Founded in 1987 and headquartered in Växjö, Sweden, the company offers customized glazed and open balcony systems, including patented energy-efficient enclosures that yield up to 30% energy savings; modular solutions such as AluTwo and Levitate for new builds; city balconies for urban properties; complementary turnkey services encompassing facade renovation, window replacement, roof insulation, solar panel installation, and air-to-air heat pump integration; as well as balcony racks, welded structures, and climate walls, primarily targeting tenant-owner associations, municipal housing companies, private landlords, and construction firms in renovation (71% of revenue) and new build segments. Balco Group operates through subsidiaries under nine brands in eight markets including Sweden, Norway, Denmark, Finland, Germany, the United Kingdom, the Netherlands, and Poland, with manufacturing in Sweden, Finland, and Poland; it maintains market leadership in the Nordics and challenger positions elsewhere, supported by approximately 650 employees and 2024 net sales of SEK 1,418 million. Recent strategic changes include the January 2024 acquisition of Riikku Group Oy, Finland's leading balcony glazing firm with EUR 40 million turnover, marking Balco's largest deal and bolstering new build and Nordic positions; the March 2024 purchase of Suomen Ohutlevyasennus Oy, a Turku-based facade turnkey contractor with EUR 11 million turnover, enhancing renovation synergies; major project wins such as the NOK 63 million Björgene 1 renovation in Norway, EUR 3.3 million Greenpark order for 584 balconies in Berlin, and SEK 60 million Borås turnkey contract; ongoing structural optimizations in manufacturing and Finnish integration for cost efficiency; and Q3 2025 emphasis on German expansion amid profitability initiatives.