Green Landscaping Group Ab · OMXSTO:GREEN
Green Landscaping Group Ab — Q4 2019 Earnings Presentation
20 slides from Green Landscaping Group Ab's earnings presentation, Feb 21, 2020
Slide 1: Year-end report 2019
Green Landscaping Group Year-end report 2019 21 February 2020 Page 1
Slide 2: Today’s presenters
Today’s presenters Started as CEO of Green Landscaping in 2015. Johan Nordström Johan has previously been Chairman of the Board and President of CEO Car-O-Liner Group AB and Car-O-Liner Production and held several CEO positions over the years. Studied economics at Lund University and the Unive
Slide 3: Our vision is to create a green city for all
Our vision is to create a green city for all through entrepreneurship, social responsibility and sustainable business Page 3
Slide 4: Our vision put into practice
Our vision put into practice A green city for all: Green areas are crucial for the well-being in cities Entrepreneurship: Strong local market leadership with every unit running its own day-to-day operations Social responsibility: A passion for the environment that is visible to the eye, and en
Slide 5: Our service offering
Our service offering Ground maintenance Landscaping Sports landscaping Arborist services Renovation and Surface planning and Planning, construction and Tree care, pruning, forestry, maintenance of land and construction of parks and maintenance of sports nature conservation, green areas as well as pl
Slide 6: The #1 landscaping service provider in Sweden
The #1 landscaping service provider in Sweden FINANCIAL 19 units distributed over 5 geographic segments GOALS Growth EBITA margin 10% 8% Populous and diversified contract portfolio Leverage Dividend 2,5x 40% Market leading profitability GEOGRAPHY M&A strategy creating additional growth Page
Slide 7: Who we are
Who Making cities enjoyable and green Long customer relationships we are An organization based on local business and accountability A culture based on quality Always creating customer benefits Page 7
Slide 8: Fourth Quarter 2019
Fourth Quarter 2019 Page 8
Slide 9: Highlights fourth quarter 2019
Highlights fourth quarter 2019 Development Financials Q4 Continued growth despite the absence of winter Net sales Net sales growth Absence of winter activity impacts organic growth and profitability negatively in the quarter YTD growth of 68,9%, whereof 1,6 ppc organic 507.0 35.2 SEKm % YTD
Slide 10: Acquisitions
Acquisitions Park i Syd AB GAST Entreprenør AS Founded in 2008 Founded in 2008 Based in Helsingborg/Mörarp Headquarted in Gran north of Oslo Main activities are projects within landscaping, Main activities are new construction of parks, design, construction and maintenance of outdoor pla
Slide 11: Segment development
Segment development SALES PER SEGMENT (%) Continued growth in all segments, mainly 6 driven by acquisitions 23 The absence of winter has had a negative 28 Region South Region West impact on the revenue and profitability Region Mid Integration of HD Landscape in Region South Region East Region
Slide 12: Financials
Financials Page 12
Slide 13: Key P&L items
Key P&L items P&L Sales and profitability development NET SALES (SEKm) SEKm Q4 2019 Q4 2018 2019 2018 600 524,5 2 500 507 Net sales 507.0 375.0 1 993 1 180 500 461,2 492 2 000 375 Quarterly sales Adjusted EBITA 25.2 23.0 90.1 59.8 400 309,3 1 500 Sales LTM 300 264,2 267,1 224,6 228,8 Result after fi
Slide 14: Balance sheet
Balance sheet SEKm 31 Dec 2019 31 Dec 2018 Net debt SEK 690.3 million Total non-current assets 876.1 744.4 (of which 114.3 million due to IFRS 16) Total current assets 488.5 533.7 Cash and available facility of SEK 75.2 million Total assets 1364.6 1278.1 Working Cap SEK 70.2 million, c. 3.5%*
Slide 15: Working capital higher than last year
Working capital higher than last year Adjusted working capital LTM 80 7% 70 6% 60 Adjusted working capital % of LTM sales 5% 50 4% Adjusted working capital 40 3% 30 2% 20 1% 10 0% 0 1712 1803 1806 1809 1812 1903 1906 1909 1912 -10 -1% -20 -2% Adjusted working capital (SEKm) Adjusted working capital
Slide 16: Cash flow is stronger than last year
Cash flow is stronger than last year SEKm Q4 2019 Q4 2018 2019 2018 Change in Group structure compared to the same period last Cash flow from 20.1 1.5 129.6 29.2 year operating activities Svensk Markservice was acquired in Q4 2018, explaining the high before changes in outcome regarding cash flo
Slide 17: Financial targets
Financial targets Growth ► Target: Sales growth on average by 10% per year (including both organic and acquisitions). 10% ► Status: 68.9% concerning full year 2019. Exceeding target. EBITA margin ► Target: Achieving an EBITA margin of 8%. 8% ► Status: Adjusted EBITA margin 4.5% (5.1%). Leverage (ND/
Slide 18: Summary
Summary Page 18
Slide 19: Summary fourth quarter 2019
Summary fourth quarter 2019 Continued growth despite the absence of winter Absence of winter activity impacts organic growth and profitability negatively in the quarter Favorable market and long-term contracts give good conditions for sustainable growth Focus on completion and finalizing the
Slide 20: Page 20
Green landscaping group
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