Green Landscaping Group Ab · OMXSTO:GREEN

Green Landscaping Group Ab — Q4 2024 Earnings Presentation

19 slides from Green Landscaping Group Ab's earnings presentation, Jan 30, 2025

  1. Slide 1: Presentation of Green Landscaping Group's January–December 2024

    Q4 2024 PRESENTATION OF GREEN LANDSCAPING GROUP’S JANUARY – DECEMBER 2024 30 JANUARY 2025 Page 1

  2. Slide 2: Green Landscaping Group

    Green Landscaping Group A leading company in the ground maintenance and landscaping industry Active on a very attractive market Applying the right business model A HOME FOR Well proven M&A strategy ENTREPRENEURS Page 2

  3. Slide 3: Summary

    Summary Full year 2024 Q4  Net sales increased by 9% to SEK 6,352 million  Net sales increased by 7% to SEK 1,774 million - Organic growth contributed by 3% - Organic growth contributed by -6% - Acquisitions contributed by 7%  EBITA increased by 3% and amounted to SEK 164 - Changed exchange rates

  4. Slide 4: Steady growth

    Steady growth sek million 2 000 Net sales sek million 10 000 1 600 8 000 1 200 6 000 800 4 000 Steady growth of net sales and 400 2 000 EBITA over time 0 0 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2021 2022 2023 2024 Net sales Net sales , RTM (right axis) Stable market and right business sek million E

  5. Slide 5: Sweden

    Share of net sales, RTM Share of EBITA, RTM Sweden 43% 23% Full year 2024 Net sales  Net salesdecreased by 4% to SEK 2,727 million sek million sek million 1000 3 500  EBITAdecreased by 21% to SEK 137 million, margin 5.0% (6.1) 800 2 800 Losses in one subsidiary, tighter competitive landscape, and

  6. Slide 6: Norway

    Share of net sales, RTM Share of EBITA, RTM Norway 41% 44% Full year 2024 Net sales  Net salesincreased by 10% to SEK 2,607 million sek million sek million 900 4 500 Organic growth contributed 8% 800 4 000 - 700 3 500 - Acquisitions contributed 3% 600 500 3 000 2 500 - Changed exchange rates impact

  7. Slide 7: Other Europe

    Share of net sales, RTM Share of EBITA, RTM Other Europe 16% 33% Full year 2024  Net sales increased by 67% to SEK 1,020 million sek million Net sales sek million 350 1 400 - Organic growth contributed by 14% 300 1 200 250 1 000 - Acquisitions contributed by 54% 200 800 - Changed exchange rates had

  8. Slide 8: Acquired companies Q4 2024

    Acquired companies Q4 2024 Turun Reunakivi- ja Laatta-asennus Oy  Founded in 1985  Operates in Turku, Finland  Offer full range of landscaping and maintenance services  Annual sales of approximately EUR 3.6 million  20 employees Page 8

  9. Slide 9: Acquired companies Q4 2024

    Acquired companies Q4 2024 Viva Gartenbau AG  Founded in 1992  Operates in Basel, Switzerland  Offer maintenance and landscaping services  Annual sales of approximately CHF 3.2 million  20 employees Page 9

  10. Slide 10: Acquired companies Q4 2024

    Acquired companies Q4 2024 Tiefbau Lenzen GmbH  Founded in 1953  Operates in Bonn, North Rhine-Westphalia, Germany  Offer light civil engineering and landscaping services  Annual sales of approximately EUR 8 million  30 employees Page 10

  11. Slide 11: Financials

    FINANCIALS Page 11

  12. Slide 12: Key financials

    Key financials  Net sales at SEK 1.8 billion for the quarter and SEK 6.4 billion rolling twelve months Q4 Q4 SEK million RTM  EBITA margin at 9.3% for the quarter and 8.3% 2024 2023 rolling twelve months, respectively 1,774 1,656 NET SALES 6,352 - Strong contribution from segments Norway and Rest

  13. Slide 13: Cash flow

    Cash flow  Cash flow from operating activities amounting to SEK 601 (379) million rolling twelve months  Cash flow from operating activities amounting to sek million Cash flow from operating activities sek million SEK 282 (80) million in Q4 300 700 250 600  Cash and cash equivalents at the end of

  14. Slide 14: Cash flow bridge

    Cash flow bridge ‘SEK million EBITA 164 SS 282 +e +150 228 “119 —— +42 131 +33 EBIT ‘Amortization Net of Change inNWC Cash flow Acquisitions Capex & New Loans Debt Repurchas Cash flow depreciation, from Other repayment & © of shares for the interest and Operating Investing other items period tax Act

  15. Slide 15: Financial leverage

    Financial leverage  Financial leverage amounted to 2.5x (2.5x)  Level in line with financial target, and with good headroom to financial covenant Financial leverage 3,0  Steady state means deleveraging through cash 2,5 flow from operating activities 2,0 1,5 1,0 0,5 0,0 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

  16. Slide 16: Loan maturity profile

    Loan maturity profile  Total maturities amounting to SEK 2,248 million - Short-term SEK 106 million - Long-term SEK 2,142 million Loan maturity  Only covenant being 2 400 Net debt / EBITDA pro forma. 2 000 Current level leaves plenty of headroom 1 600 1 200 800 400 0 2025 2026 Bank Loans Page 16

  17. Slide 17: Financial targets

    Financial targets Growth EBITA margin Leverage (ND/EBITDA) Dividend (%ofNI) 10% 8% 2.5x 40% Approximately 40% of profit for the year shall be distributed as dividends to shareholders. The Sales shall, on average, Net debt in relation to EBITDA EBITA margin shall, on average, dividend proposal shall

  18. Slide 18: Summary

    Summary Full year 2024 Q4  Net sales increased by 9% to SEK 6,352 million  Net sales increased by 7% to SEK 1,774 million - Organic growth contributed by 3% - Organic growth contributed by -6% - Acquisitions contributed by 7%  EBITA increased by 3% and amounted to SEK 164 - Changed exchange rates

  19. Slide 19: Page 19

    landseaping group

Green Landscaping Group — Q4 2024 Earnings Presentation on 6ix