Aktuellt
SENASTE
Balco Group, the turnkey provider of glazed balcony solutions, reported Q3 Renovation segment orders down 49% y/y and 50% q/q. Organic sales declined by 26% y/y (SEBE: -28%), while net sales declined 19% y/y (3% below our estimates). While adjusted EBIT is holding up fairly well (-33% y/y), operating profits are SEK 3m and SEK 7m below our and consensus forecasts, respectively. The Q3 deviation would correspond to a 3% downgrade to our FY 2023 EBIT estimates.
LÄS MER
