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Balco: Watch short-term order intake, easing raw materials cost inflation - SEB

At SEB Nordic Seminar, CEO Camilla Ekdal and CFO Michael Grindborn conveyed a message of short-term headwinds in order intake, reflecting the macro environment (rising interest rates imply uncertainty with regards to future project financing costs). Concurrently, Balco Group is benefiting from a structural renovation need in the balcony market, bolstered by the EU Green deal that focus on energy savings in buildings (such as from glazed balcony solutions). Midpoint of SEK 90.

At SEB Nordic Seminar, CEO Camilla Ekdal and CFO Michael Grindborn conveyed a message of short-term headwinds in order intake, reflecting the macro environment (rising interest rates imply uncertainty with regards to future project financing costs). Concurrently, Balco Group is benefiting from a structural renovation need in the balcony market, bolstered by the EU Green deal that focus on energy savings in buildings (such as from glazed balcony solutions). Midpoint of SEK 90.
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