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The latest announcement is out from Balco Group AB ( (SE:BALCO) ).
RK Teknik, a subsidiary of Balco Group, has won three major public housing projects in Luleå, Stockholm and Gothenburg with a combined order value of about SEK 80 million, covering the delivery and installation of glazed and open balconies, as well as eco-concrete patios, side walls and roofs in some cases. The contracts, some of which are divided into phases extending into 2026 and will use glazing systems from Balco’s Finnish unit Riikku Rakenteet Oy, reinforce Balco Group’s strategic push into the public housing segment, underpinning more stable production, strengthening RK Teknik’s position in this high-volume, long-term growth market, and supporting its focus on sustainable balcony solutions that enhance resident quality of life and long-term value for public housing companies.
The most recent analyst rating on (SE:BALCO) stock is a Hold with a SEK16.00 price target. To see the full list of analyst forecasts on Balco Group AB stock, see the SE:BALCO Stock Forecast page.
More about Balco Group AB
Balco Group is a Scandinavian market leader in the balcony industry, specializing in innovative, patented and energy-efficient balcony solutions for multi-dwelling buildings. Its tailored products are designed to improve quality of life, safety and housing values, and the company controls the entire value chain from production to delivery. Founded in 1987 in Växjö, Balco employs around 550 people, operates across several Northern European markets, reported 2024 revenue of SEK 1,418 million, and has been listed on Nasdaq Stockholm since 2017.
Average Trading Volume: 31,263
Technical Sentiment Signal: Sell
Current Market Cap: SEK374.1M
See more data about BALCO stock on TipRanks’ Stock Analysis page.