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Regulatory press release

Balco Group AB: More than doubled order intake

Balco Group
Download the release

Third quarter: July - September The interim period: January-
September

  • Net sales increased by 31
percent to 331 MSEK (253) · Net sales increased by 11
  • Order intake increased by percent to 1,031 MSEK (925)
111 percent to 285 MSEK (135) · Order intake increased by
  • Order backlog increased by 49 percent to 1,017 MSEK (682)
25 percent to 1,329 MSEK · Adjusted operating profit
(1,067) (EBITA) amounted to 52 MSEK
  • Adjusted operating profit (74)
(EBITA) amounted to 17 MSEK · Adjusted operating margin
(15) amounted to 5.0 percent (8.0)
  • Adjusted operating margin · Net profit after tax
amounted to 5.0 percent (6.0) amounted to 7 MSEK (40)
  • Net profit after tax · Earnings per share amounted
amounted to 1 MSEK (6) to 0.12 SEK (1.81)
  • Earnings per share amounted · Operating cash flow
to -0.03 SEK (0.24) improved to 81 MSEK (-2)
  • Operating cash flow
amounted to -1 MSEK (18)

Events during the quarter and since the end of the quarter
  • Structural change of Riikku's operations and company structure.

" During the quarter, Balco AB received a major turnkey project in Borås in Sweden of approximately 60 MSEK. "

" Our newly acquired Finnish company Suomen ohutlevyasennus Oy has been selected as a supplier for several major projects during the quarter and so far in October in total of 8 MEUR. "

- Camilla Ekdahl, President and CEO

Web conference

A webcast conference call will be held at 14:00 CET October 28, 2024, where CEO and President Camilla Ekdahl and CFO Michael Grindborn will present the report and answer questions.

To follow the webcast presentation and send written questions, please use this link: 

https://www.finwire.tv/webcast/balcogroup/q3-2024/

To participate via teleconference and be able to ask questions, call in:

SE: +46 8 5052 0017

PIN: 835 5857 5016 #

Calendar 2024                    

Year-end report Jan-Dec 2024....... February 10, 2025
Annual Report 2024.......................... March 14, 2025
Interim report Jan-Mar 2025........... April 28, 2025
Annual General Meeting 2025........ May 6, 2025
Interim report Jan-Jun 2025............ July 14, 2025
Interim report Jan-Sep 2025........... October 27, 2025
 

This disclosure contains information that Balco Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 28-10-2024 13:00 CET.

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