Green Landscaping Group Ab · OMXSTO:GREEN

Green Landscaping Group Ab — Q1 2019 Earnings Presentation

18 slides from Green Landscaping Group Ab's earnings presentation, 2019

1. Slide 1: Green Landscaping Group Q1 2019 presentation

   Green Landscaping Group Q1 2019 presentation

2. Slide 2: 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

3. Slide 3: 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

4. Slide 4: The #1 landscaping service provider in Sweden

   The #1 landscaping service provider in Sweden Green Landscaping in brief Our service offering Ground maintenance & Landscaping  16 units distributed over 5 geographic segments  Populous & diversified contract portfolio  Market leading profitability  Maintenance services for  Surface planning, s

5. Slide 5: Who we are

   Who we are • Making cities enjoyable and green • Long customer relationships • An organisation based on local business and accountability • A culture based on quality • Always creating customer benefits

6. Slide 6: Q1 2019

   Q1 2019 6

7. Slide 7: Q1 2019 highlights

   Q1 2019 highlights Development Financials  Stable development in low-season quarter Net sales Net sales growth  Better conditions for landscaping and sports landscaping than last 1,180 109.5 SEKm % year Adjusted EBITA Adjusted EBITA margin  Organic growth of 12.7 percent, or 5.7 percent if adjust

8. Slide 8: Integration of Svensk Markservice

   Integration of Svensk Markservice  Acquisition completed in late November 2018 F O C U S A R E A S I N I N T E G R AT I O N  Lean Manufacturing instrumental in integration work Quality Delivery  Integration costs of approximately SEK 10 million impacted the quarter Cost Growth  Total annual run

9. Slide 9: Segment development

   Segment development  High growth in all segments driven by acquisitions SALES PER SEGMENT (%) 7,4  Favourable market conditions 13,1 10,8 Region South  Margins impacted by seasonality Region West Region Mid  New contracts in the quarter: Umeå municipality, Kungälv Region East municipality, Valle

10. Slide 10: Financials

    Financials 10

11. Slide 11: Key P&L items

    Key P&L items P&L Sales & profitability development NET SALES (SEKm) SEKm Q1 2019 Q1 2018 500 461,2 Net sales 461.3 219.4 450 400 375 350 309,3 Adj. EBITA 1.3 -3.8 300 264,2 267,1 250 224,6 228,8 Result after financial items -24.9 -27.6 200 186,8 150 100 50 Adj EBITA margin 0.3% -1.7% 0 Q2 2017 Q3 2

12. Slide 12: Balance sheet

    Balance sheet Balance sheet SEKm 31 March 2019 31 March 2018  Nebt debt SEK 663.2 million (of which Total non-current assets 862.0 270.3 126.5 million due to IFRS 16) Total current assets 525.5 345.1  Cash and available facility of SEK 119 Total assets 1,387.5 615.4 million Total equity 180.9 171.

13. Slide 13: Cash flow

    Cash flow Cash flow SEKm Q1 2019 Q1 2018  Positive cash flow from operating activities Cash flow from operating activities before -1.0 -4.6 despite NRI of SEK 14.1 million changes in working capital Cash flow from operating activities 21.8 0.6 Cash flow from investing -3.1 -5.2 Cash flow from finan

14. Slide 14: Financial targets

    Financial targets Financial targets Growth  Target: Sales growth on average by 10% per year (including both organic and acquisitions). 10%  Status: Exceeding target in Q1. Good M&A pipeline and conditions for organic growth. EBITA margin  Target: Achieving an EBITA margin of 8%. 8%  Status: Impr

15. Slide 15: Summary

    Summary 15

16. Slide 16: Long-term growth supported by structural market drivers

    Long-term growth supported by structural market drivers Demand for safe & Active lifestyle & social Increasing willingness Higher public Increasing urbanisation accessible green areas meetings to pay expectations  Expected to reach  Proper lighting &  Facilitates an active  About 60% are  Peopl

17. Slide 17: Summary of Q1 2019

    Summary Summary of Q1 2019  Stable start of the year  Positive synergies from acquisition of Svensk Markservice; Integration to continue over the year  Continued ambition to consolidate the industry  Favourable market and long-term contracts give good conditions for sustainable growth  Focus on

18. Slide 18: Q&A

    Q&A 18

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