Balco Group AB operates in the Glass and glazing work sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Balco Group AB with three other
specialty construction contractors in Europe:
Fasadgruppen Group AB (publ)
sales of 1.34 billion Swedish Kronor [US$156.52 million]
(458.33 million Polish New Zlotys [US$115.98 million]
of which 48%
was AKPIA and Electrical Services), and
Moury Construct SA
based in BELGIUM
(128.60 million Euros [US$149.89 million]
During the second
quarter of 2021, sales at Balco Group AB totalled
SEK 303.50 million.
This is a drop of 13.7%
from the SEK 351.70 million in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled SEK 554.00 million, which is
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at Balco Group AB: during 4 of the previous 5
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
second quarter was the best quarter, accounting for
29% of sales (during that same year, the
fourth quarter accounted for 22% of sales).
Balco Group AB reported sales of SEK 1.20 billion (US$140.12 million)
December of 2020.
decrease of 1.7%
versus 2019, when the company's sales were SEK 1.22 billion.
Contributing to the drop in overall sales was the 40.8% decline
in New Build, from SEK 176.19 million to SEK 104.28 million.
However, these declines were partially offset by the increase in sales of
Renovation (up 4.9% to SEK 1.10 billion)