Q2 2024 Balco Group AB Earnings Call Transcript

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Jul 12, 2024

Jul 12, 2024 / 12:00PM GMT
Operator

Hello, and welcome to today's webcast with Balco Group, where CEO, Camilla Ekdahl; and CFO, Michael Grindborn will present the report for the second quarter of 2024. (Operator Instructions) And with that said, I hand over the word to you.

Camilla Ekdahl - Balco Group AB - President, Chief Executive Officer

Hello. Thank you, and welcome to our quarter two report. This is Camilla Ekdahl, the CEO; and Michael Grindborn, CFO. First of all, for all new listeners, I will make a very short snapshot of Balco Group. Balco Group was founded in 1987 and consists of several balcony and facade companies. The head office is in Växjö, and the group has today approximately 650 employees.

We operate in two main segments, the renovation and new build. And the core expertise is to supply glazed balconies and balcony solutions primarily on the renovation market and to tenant-owned associations and replace existing balconies with new glazed balconies according to the Balco method.

And with the Balco method, we mean that we cut off old balconies slab, we replace

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