Balco Group Management

Management criteria checks 4/4

Balco Group's CEO is Camilla Ekdahl, appointed in Oct 2019, has a tenure of 4.58 years. total yearly compensation is SEK5.21M, comprised of 54.2% salary and 45.8% bonuses, including company stock and options. directly owns 0.074% of the company’s shares, worth €61.49K. The average tenure of the management team and the board of directors is 5.1 years and 5.5 years respectively.

Key information

Camilla Ekdahl

Chief executive officer

kr5.2m

Total compensation

CEO salary percentage	54.2%
CEO tenure	4.6yrs
CEO ownership	0.07%
Management average tenure	5.1yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Camilla Ekdahl's remuneration changed compared to Balco Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr35m
Dec 31 2023	kr5m	kr3m	kr47m
Sep 30 2023	n/a	n/a	kr66m
Jun 30 2023	n/a	n/a	kr71m
Mar 31 2023	n/a	n/a	kr71m
Dec 31 2022	kr4m	kr2m	kr76m

Compensation vs Market: Camilla's total compensation ($USD479.48K) is about average for companies of similar size in the German market ($USD394.14K).

Compensation vs Earnings: Camilla's compensation has been consistent with company performance over the past year.

CEO

Camilla Ekdahl (56 yo)

4.6yrs

Tenure

kr5,207,000

Compensation

Ms. Camilla Ekdahl serves as President and CEO at Balco Group AB since December 2022. She served as Acting President and Chief Executive Officer at Balco Group AB since September 01, 2022 until December 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Camilla Ekdahl	CEO, President	4.6yrs	kr5.21m	0.074% SEK 61.5k
Michael Grindborn	CFO, Secretary of the Board and Head of IR & IT	5.1yrs	no data	0.048% SEK 39.9k
Roger Andersson	Head of Sales	14.3yrs	no data	no data
Johan Fälth	Marketing Director	4.6yrs	no data	0.070% SEK 58.0k
Jesper Magnusson	Head of Human Resources	10.3yrs	no data	0.022% SEK 18.1k

5.1yrs

Average Tenure

55yo

Average Age

Experienced Management: B9C's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ingalill Berglund	Independent Chairman of the Board	8.3yrs	kr769.00k	0.11% SEK 90.4k
Vibecke Hverven	Independent Director	3.9yrs	kr342.00k	0.018% SEK 14.8k
Thomas Widstrand	Independent Director	3yrs	kr315.00k	0.043% SEK 36.2k
Johannes Nyberg	Independent Director	6yrs	kr407.00k	0.017% SEK 14.1k
Carl-Mikael Lindholm	Independent Director	6yrs	kr316.00k	0.22% SEK 180.9k
Mikael Andersson	Independent Director	5yrs	kr287.00k	no data

5.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: B9C's board of directors are considered experienced (5.5 years average tenure).

Balco Group Management

Management criteria checks 4/4

Key information

Recent management updates

Balco Group AB Announces Nomination Committee for the 2024 Annual General Meeting

Balco Group AB Appoints Camilla Ekdahl as CEO

Balco Group AB, Annual General Meeting, May 09, 2023

Balco Group AB Appoints Camilla Ekdahl as CEO, from 1 September 2022

Balco Group AB Announces Resignation of Kenneth Lundahl as CEO

President & CEO recently sold €309k worth of stock

Recent updates

Balco Group AB to Report Q1, 2025 Results on Apr 28, 2025

First quarter 2024 earnings released: EPS: kr0.10 (vs kr0.63 in 1Q 2023)

Full year 2023 earnings released: EPS: kr2.12 (vs kr3.48 in FY 2022)

Balco Group AB (Publ) Proposes No Dividend for the Financial Year 2023

Balco Group AB (OM:BALCO) acquired 60% stake in Suomen Ohutlevyasennus Oy.

Full year 2023 earnings released: EPS: kr2.12 (vs kr3.48 in FY 2022)

Balco Group AB to Report Fiscal Year 2023 Results on Apr 12, 2024

New major risk - Revenue and earnings growth

Balco Group AB to Report Fiscal Year 2024 Results on Feb 10, 2025

New minor risk - Shareholder dilution

Balco Group AB (OM:BALCO) acquired Riikku Group Oy for €15 million.

Balco Group AB Announces Nomination Committee for the 2024 Annual General Meeting

Upcoming dividend of kr0.75 per share at 4.1% yield

Third quarter 2023 earnings released: EPS: kr0.26 (vs kr0.49 in 3Q 2022)

Balco Group AB to Report Q3, 2024 Results on Oct 28, 2024

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: kr0.94 (vs kr0.93 in 2Q 2022)

Balco Group AB Approves Dividend into Two Payments, in May 2023 and November 2023

Upcoming dividend of kr0.75 per share at 3.3% yield

First quarter 2023 earnings released: EPS: kr0.63 (vs kr0.88 in 1Q 2022)

Full year 2022 earnings released: EPS: kr3.48 (vs kr4.12 in FY 2021)

Balco Group AB Proposes Dividend in Two Payments in May 2023 and November 2023

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

Balco Group AB Appoints Camilla Ekdahl as CEO

Upcoming dividend of kr1.00 per share

Third quarter 2022 earnings released: EPS: kr0.49 (vs kr0.83 in 3Q 2021)

Balco Group AB, Annual General Meeting, May 09, 2023

Balco Group AB to Report Q1, 2023 Results on Apr 24, 2023

Second quarter 2022 earnings released: EPS: kr0.93 (vs kr1.18 in 2Q 2021)

Balco Group AB Appoints Camilla Ekdahl as CEO, from 1 September 2022

Balco Group AB Announces Resignation of Kenneth Lundahl as CEO

Investor sentiment deteriorated over the past week

Balco Group AB Approves Dividend, Payable on May 2022 and November 2022

Balco Group AB Approves Dividend, Payable on May 2022 and November 2022

Upcoming dividend of kr1.00 per share

First quarter 2022 earnings released: EPS: kr0.88 (vs kr0.74 in 1Q 2021)

Full year 2021 earnings released: EPS: kr4.12 (vs kr3.58 in FY 2020)

President & CEO recently sold €309k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Balco Group AB Proposes Dividend into Two Payments

Balco Group AB Solves Overcrowding with Groundbreaking Product

Balco Group AB Provides Financial Target

Independent Director recently bought €2.4m worth of stock

Third quarter 2021 earnings released: EPS kr0.83 (vs kr0.95 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS kr1.18 (vs kr1.71 in 2Q 2020)

Independent Chairman Tomas Johansson has left the company

Balco Group AB Approves to Omit Dividend

First quarter 2021 earnings released: EPS kr0.74 (vs kr1.17 in 1Q 2020)

Full year 2020 earnings released: EPS kr3.58 (vs kr4.79 in FY 2019)

Independent Director recently bought €88k worth of stock

Head of Business Development recently sold €150k worth of stock

Full year 2020 earnings released: EPS kr3.58 (vs kr4.79 in FY 2019)

Revenue beats expectations

Balco Group AB Not to Proposes Dividend to the Annual General Meeting

New 90-day low: €8.43

Balco Group AB Announces Executive Changes

Balco Group AB to Report Q2, 2021 Results on Aug 18, 2021

Revenue misses expectations

Third quarter 2020 earnings released: EPS kr0.95

New 90-day low: €8.86

Balco Group AB to Report Q3, 2021 Results on Nov 18, 2021

New 90-day high: €10.40

First half earnings released

New 90-day high - €9.51

New 90-day high - €9.26

CEO Compensation Analysis

CEO