tiprankstipranks
Trending News
More News >

Balco AS Achieves Record Order Intake in May

Story Highlights
Balco AS Achieves Record Order Intake in May

Confident Investing Starts Here:

An update from Balco Group AB ( (SE:BALCO) ) is now available.

Balco AS, a subsidiary of Balco Group, achieved a record-breaking order intake of NOK 140 million in May, marking one of its strongest quarters. This milestone underscores Balco’s leading position in Norway, where there is a growing demand for energy-efficient and sustainable balcony solutions. The company’s comprehensive offerings, including glazed balcony systems with integrated heat pumps and solar panels, align with the market’s shift towards energy savings and long-term investments, further solidifying its industry standing.

More about Balco Group AB

Balco Group is a prominent entity in the balcony industry, specializing in innovative, patented, and energy-efficient solutions for multi-dwelling buildings. The company enhances the quality of life, safety, and value of homes through its tailored products and maintains control over its value chain from production to delivery. Established in 1987 in Växjö, Balco Group employs around 550 people and is a market leader in Scandinavia, with operations across Northern Europe. It reported a revenue of 1,418 MSEK for 2024 and is listed on Nasdaq Stockholm.

YTD Price Performance: -39.74%

Average Trading Volume: 19,867

Current Market Cap: SEK534.1M

Find detailed analytics on BALCO stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1