Balco Group AB 2024 IR
The report highlights Balco Group's performance in 2024, a year characterized by challenging market conditions and strategic acquisitions. The company expanded its presence in the Finnish market through the acquisitions of Riikku Group Oy and Suomen Ohutlevyasennus Oy, establishing itself as a market leader in Finland. Financially, net sales increased by 17% to SEK 1,418 million, driven by these acquisitions, although organic growth was negative. On the sustainability front, Balco Group achieved its 2025 target by reducing its Scope 1 and Scope 2 emissions by 54% per hour worked compared to 2019, and maintained a low ESG risk rating from Sustainalytics.
Company: Balco Group AB
Sector: Industrials
Country: Sweden
Year: 2024
Type: IR
Pages: 116
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Balco Group AB
Annual And Sustainability Report
The report highlights Balco Group's performance in 2024, a year characterized by challenging market conditions and strategic acquisitions. The company expanded its presence in the Finnish market through the acquisitions of Riikku Group Oy and Suomen Ohutlevyasennus Oy, establishing itself as a market leader in Finland. Financially, net sales increased by 17% to SEK 1,418 million, driven by these acquisitions, although organic growth was negative. On the sustainability front, Balco Group achieved its 2025 target by reducing its Scope 1 and Scope 2 emissions by 54% per hour worked compared to 2019, and maintained a low ESG risk rating from Sustainalytics.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Women on Board
Women in Management
Employees