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New financial ambitions include sustainability-linked targets - SEB

Balco Group, a leading provider of mainly glazed balcony solutions, has announced new financial targets focusing on growing EPS by at least 20% p.a. (replacing its previous 13% EBIT margin target). Balco reiterates its annual 10% sales growth target, building from organic and acquired growth, and therefore lowers its payout ambitions from 50% (previously 30-50%). Also, the company expects to reach at least 30% of sales within the EU taxonomy within three years from 2022.

Balco Group, a leading provider of mainly glazed balcony solutions, has announced new financial targets focusing on growing EPS by at least 20% p.a. (replacing its previous 13% EBIT margin target). Balco reiterates its annual 10% sales growth target, building from organic and acquired growth, and therefore lowers its payout ambitions from 50% (previously 30-50%). Also, the company expects to reach at least 30% of sales within the EU taxonomy within three years from 2022.
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