Sweden's Balco Group Q1 sales fall, order backlog rises

Balco AB

27/04/2026 12:10

Overview

Sweden balcony solutions firm's Q1 net sales fell yr/yr, profit after tax reached break-even

Order backlog at end-Q1 rose over 20% from prior year

Company sees increased renovation activity but warns of external uncertainties

Outlook

Company sees increased activity in renovation segment but notes external turmoil may affect outlook

Result Drivers

RENOVATION ACTIVITY - Co said it is seeing increased activity in the renovation segment

ORDER BACKLOG - Order backlog increased by just over 20% compared to the same period last year

EXTERNAL UNCERTAINTY - Co warned that turmoil in the outside world may affect developments going forward

Company press release: ID:nWkr81QL2K

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 299 mln
Q1 EPS
-SEK 0.03
Q1 Net Income
SEK 0
Q1 Order Backlog
SEK 1.49 bln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the construction & engineering peer group is "buy."

Wall Street's median 12-month price target for Balco Group AB is SEK16.00, about 3.2% above its April 24 closing price of SEK15.50

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)