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Pexor initiates coverage of Balco Group

Balco Group (Balco) is a niched Swedish manufacturer and supplier of balcony solutions and the current market leader in Sweden and Norway.

The slowdown in the Scandinavian construction sector has resulted in negative organic growth for Balco during the past three years and has caused the underlying business and share price to fall significantly.

We believe however there a number of catalysts that have happened in recent time that indicate positive changes for the business moving forward.

Full Balco research is now available to Pexor members.