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Best order intake so far in a quarter

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      The second quarter: April – June

  • Net sales amounted to 304 MSEK (352).
  • Order intake increased 82 percent to 505 MSEK (278).
  • Order backlog amounted to 1,394 MSEK (1,469).
  • Operating profit amounted to 34 MSEK (49).
  • Net profit after tax amounted to 26 MSEK (37).
  • Earnings per share amounted to 1.18 SEK (1.71).
  • Operating cash flow amounted to -41 MSEK (86).

      The half-year period: January – June

  • Net sales amounted to 554 MSEK (673).
  • Order intake increased 24 percent to 768 MSEK (618).
  • Operating profit amounted to 56 MSEK (84).
  • Net profit after tax amounted to 42 MSEK (62).
  • Earnings per share amounted to 1.93 SEK (2.87).
  • Operating cash flow amounted to -54 MSEK (90).

Events during the second quarter and after end of the quarter

  • Relief in Covid-19 restrictions during the latter part of the second quarter has led to a sharp increase in order intake.
  • RK Teknik, which was acquired on April 8, has been consolidated in the Group from April 1.

Telephone conference

An online telephone conference will be held on 18 August 2021 at 09:00 CET at which President and CEO Kenneth Lundahl and CFO Michael Grindborn will present the report and answer questions. To participate, please call:

SE: +46 8 505 583 58
UK: +44 333 300 90 35
USA: +1 646 722 49 57 

For more information, please contact:

Kenneth Lundahl, President and CEO
Tel: +46 70 630 20 57

Michael Grindborn, CFO and Head of IR
Tel: +46 70 670 18 48

This disclosure contains information that Balco Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 18-08-2021 07:30 CET.

Balco is a growth company offering high quality, innovative, patented and energy-saving balcony solutions. The company’s customised products contribute to enhanced quality of life, security and an increase in value for residents of multi-family residential properties. Through a decentralized and efficient sales process, Balco has control over the entire value chain – from production to delivery. The company, which was founded in Växjö in 1987 and which has over 500 employees, is a market leader in the Nordic region, and operates on several markets in northern Europe. Sales in 2020 amounted to SEK 1,200 M. Balco’s shares are listed on the Nasdaq Stockholm Stock Exchange.

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