Edition:
United Kingdom

Balco Group AB (BALCO.ST)

BALCO.ST on Stockholm Stock Exchange

56.30SEK
22 Mar 2019
Change (% chg)

-1.60kr (-2.76%)
Prev Close
57.90kr
Open
58.00kr
Day's High
58.00kr
Day's Low
55.10kr
Volume
5,939
Avg. Vol
28,869
52-wk High
76.00kr
52-wk Low
49.04kr

Latest Key Developments (Source: Significant Developments)

Balco Group Recruits Michael Grindborn As Its New CFO
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Balco Group AB ::BALCO ENHANCES ITS FOCUS ON FUTURE BUSINESS DEVELOPMENT AND RECRUITS A NEW CFO.HAS RECRUITED MICHAEL GRINDBORN, FORMERLY CFO OF LAMMHULTS DESIGN GROUP AB, AS ITS NEW CFO.CURRENT CFO, FREDRIK HALL, HAS BEEN APPOINTED HEAD OF BUSINESS DEVELOPMENT.  Full Article

Balco Group Q4 Operating Profit Up At SEK 27.0 Million
Friday, 22 Feb 2019 

Feb 22 (Reuters) - Balco Group AB ::Q4 NET SALES SEK 304.2 MILLION VERSUS SEK 283.7 MILLION YEAR AGO.Q4 OPERATING PROFIT SEK 27.0 MILLION VERSUS SEK 26.3 MILLION YEAR AGO.PROPOSES 2018 DIVIDEND OF SEK 2.00 PER SHARE.  Full Article

Balco Buys Tbo-Haglinds AB
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Balco Group AB ::BALCO STRENGTHENS ITS POSITION IN SWEDEN THROUGH ACQUISITION OF TBO-HAGLINDS AB.WITH ACQUISITION, BALCO'S ORDER BACKLOG INCREASES FROM SEK 1.2 BILLION TO APPROXIMATELY SEK 1.4 BILLION.ENTERED INTO AN AGREEMENT TO ACQUIRE ALL SHARES IN TBO-HAGLINDS AB.TBO-HAGLINDS WILL CONTINUE TO BE RUN BY ITS CURRENT MANAGEMENT AS AN ENTIRELY INDEPENDENT COMPANY WITHIN BALCO GROUP..CO'S GROWTH WITHIN RENOVATION SEGMENT IS EXPECTED TO INCREASE BY APPROXIMATELY 15% MORE THAN BALCO'S UNDERLYING GROWTH WITH ACQUISITION.ACQUISITION IS EXPECTED TO MAKE A POSITIVE CONTRIBUTION OF SEK 0.5 TO EARNINGS PER SHARE IN 2019.PURCHASE PRICE FOR ACQUISITION IS SEK 120 MILLION.  Full Article

Balco Group AB Balco Signs Orders For Rebuilding Balconies Outside Of Stockholm
Thursday, 17 May 2018 

Balco Group AB ::BALCO SIGNS ORDERS FOR REBUILDING BALCONIES OUTSIDE OF STOCKHOLM.VALUE OF ORDER IS ABOUT SEK 100 MILLION.  Full Article

Balco says Q1 net sales at SEK 243 mln
Thursday, 17 May 2018 

May 17 (Reuters) - Balco Group AB says::Q1 Net sales of SEK 242.6 (230.8) million.Q1 Order intake of SEK 271.2 (220.1).Q1 Operating profit of SEK 22.0 (23.1) million.Q1 Net profit after tax of SEK 15.6 (7.3).  Full Article

Balco Group Q3 operating profit ex-items SEK 21.4 mln
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - BALCO GROUP AB ::Q3 ‍NET SALES AMOUNTED TO SEK 206.0 (192.1) MILLION, AN INCREASE OF 7.2 PERCENT​.‍Q3 OPERATING PROFIT ADJUSTED FOR ITEMS AFFECTING COMPARABILITY WAS SEK 21.4 (19.1) MILLION​.  Full Article