Balco Group Third Quarter 2024 Earnings: kr0.03 loss per share (vs kr0.26 profit in 3Q 2023)

Balco Group (STO:BALCO) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr331.0m (up 31% from 3Q 2023).
• Net loss: kr700.0k (down by 113% from kr5.60m profit in 3Q 2023).
• kr0.03 loss per share (down from kr0.26 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Balco Group Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Building industry in Sweden.

Performance of the Swedish Building industry.

The company's shares are up 4.8% from a week ago.

Risk Analysis

Be aware that Balco Group is showing 3 warning signs in our investment analysis that you should know about...

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