Double-digit growth in order intake, net sales and earnings

The first quarter: January – March

• Net sales increased by 15 percent to 288 MSEK (250)
• Order intake increased by 11 percent to 292 MSEK (263)
• Order backlog increased by 39 percent to 1,567 MSEK (1,128)
• Operating profit increased by 18 percent to 26 MSEK (22)
• Adjusted operating profit increased by 19 percent to 26 MSEK (22)
• Net profit after tax increased by 18 percent to 19 MSEK (16)
• Earnings per share increased by 18 percent to 0.87 SEK (0.74)
• Operating cash flow amounted to -14 MSEK (-13)

Telephone conference

An online telephone conference will be held on 6 May 2022 at 09:00 CET at which President and CEO Kenneth Lundahl and CFO Michael Grindborn will present the report and answer questions. To participate, please call:

SE: +46 8 505 583 50
UK: +44 333 300 92 74
USA: +1 646 722 49 04

Calendar 2022/2023  

Annual General Meeting 2022................... 24 May 2022

Interim report Jan-Jun 2022....................... 14 July 2022

Interim report Jan-Sep 2022...................... 31 October 2022 (NEW DATE)

Interim report Jan-Dec 2022...................... 6 February 2023 (NEW DATE)

This disclosure contains information that Balco Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 06-05-2022 07:30 CET.

For more information, please contact:

Kenneth Lundahl, President and CEO
Tel: +46 70 630 20 57
[email protected]

Michael Grindborn, CFO and Head of IR
Tel: +46 70 670 18 48
[email protected]