2021-08-18

Best order intake so far in a quarter

      The second quarter: April – June

  • Net sales amounted to 304 MSEK (352).
  • Order intake increased 82 percent to 505 MSEK (278).
  • Order backlog amounted to 1,394 MSEK (1,469).
  • Operating profit amounted to 34 MSEK (49).
  • Net profit after tax amounted to 26 MSEK (37).
  • Earnings per share amounted to 1.18 SEK (1.71).
  • Operating cash flow amounted to -41 MSEK (86).

      The half-year period: January – June

  • Net sales amounted to 554 MSEK (673).
  • Order intake increased 24 percent to 768 MSEK (618).
  • Operating profit amounted to 56 MSEK (84).
  • Net profit after tax amounted to 42 MSEK (62).
  • Earnings per share amounted to 1.93 SEK (2.87).
  • Operating cash flow amounted to -54 MSEK (90).

Events during the second quarter and after end of the quarter

  • Relief in Covid-19 restrictions during the latter part of the second quarter has led to a sharp increase in order intake.
  • RK Teknik, which was acquired on April 8, has been consolidated in the Group from April 1.

Telephone conference

An online telephone conference will be held on 18 August 2021 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 58
UK: +44 333 300 90 35
USA: +1 646 722 49 57 

For more information, please contact:

Kenneth Lundahl, President and CEO
Tel: +46 70 630 20 57

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

This disclosure contains information that Balco Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 18-08-2021 07:30 CET.