About Group Hero Img

About Balco Group

Balco Group has grown from a local product-oriented supplier of balconies to a leading market-oriented supplier of glazed balcony solutions.

Since its founding in 1987 in Växjö (Sweden), Balco Group's core expertise is supplying glazed balconies and balcony solutions, primarily on the renovation market and to tenant-owner associations, and replacing existing balconies with new glazed balconies according to the Balco method, entailing many advantages for the customer, such as lower energy costs, an enhanced standard of living, and higher property value.

Balco Group offers customer-adapted and innovative balcony solutions under its own trademark to tenant-owner associations, private landlords, the public housing sector and construction companies. The company is the market leader in the Nordic region with a strong challenger position on other northern European markets.

Sustainability

For Balco Group, sustainable business is a prerequisite for a business that grows, is profitable and over time creates value for the Group’s customers, employees, owners and other stakeholders.

Read more
About Sustainability About Sustainability
More about Balco Group

2021 in numbers

1 121 SEK m

NET SALES

118 SEK m

OPERATING PROFIT

10.5%

OPERATING PROFIT MARGIN

4.12 SEK

EARNINGS PER SHARE

Our segments

Renovations

Renovation is Balco Group's biggset operating segment with the largest market in Sweden, and the primary driving factor has been the pent-up demand for renovations and the prevailing age profile of the property portfolio. In recent years, Balco Group has increased sales significantly within the segment, a result of significantly strengthening the sales organization.

About Renovations About Renovations
New Build

Balco Group is active in new construction on all markets where the company is represented. Balco offers its entire range of products in the new construction segment. The Group is the seventh largest company on the Swedish new construction market with a market share of approx. 5%, and has a challenger position on other markets.

New Build New Build