Green Landscaping Group Ab · OMXSTO:GREEN

Green Landscaping Group Ab — Q1 2025 Earnings Presentation

17 slides from Green Landscaping Group Ab's earnings presentation, Apr 24, 2025

  1. Slide 1: Q1 2025 Presentation of Green Landscaping Group's January–March 2025

    Q1 2025 PRESENTATION OF GREEN LANDSCAPING GROUP’S JANUARY – MARCH 2025 24 APRIL 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 Rolling twelve months Q1  Net sales increased by 4% to SEK 6,192 million  Sales and EBITA impacted by an unusual mild winter Organic growth contributed by -4%  Net sales decreased by 12% to SEK 1,223 million - - Acquisitions contributed by 8% - Organic growth contributed by -18% - Changed

  4. Slide 4: Long-term performance

    Long-term performance 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 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2022 2023 2024 2025 Net sales Net sales, RTM (right axis) EBITA Stable market and sek million 180

  5. Slide 5: Unusually mild winter conditions in Q1

    Unusually mild winter conditions in Q1 Total amount of snowfall, cm Days with snowfall >5 cm 102 101 101 6,0 99 5,3 88 5,2 84 4,8 4,8 4,7 80 72 4,0 60 3,4 56 49 2,9 2,7 29 1,5 1,3 W2015 W2016 W2017 W2018 W2019 W2020 W2021 W2022 W2023 W2024 W2025 W2015 W2016 W2017 W2018 W2019 W2020 W2021 W2022 W2023

  6. Slide 6: Sweden

    Share of net sales, RTM Share of EBITA, RTM Sweden 42% 21% Rolling twelve months  Net salesdecreased by 10% to SEK 2,580 million sek million 1000 Net sales sek million 3 500  EBITAdecreased by 35% to SEK 114 million, margin 4.4% (6.1) 800 2 800 Losses in one subsidiary, tighter competitive landsca

  7. Slide 7: Norway

    Share of net sales, RTM Share of EBITA, RTM Norway 40% 38% Rolling twelve months  Net salesincreased by 3% to SEK 2,507 million sek million 900 Net sales sek million 4 500 - Organic growth contributed 2% 800 700 4 000 3 500 - Acquisitions contributed 3% 600 3 000 500 2 500 - Changed exchange rates

  8. Slide 8: Other Europe

    Share of net sales, RTM Share of EBITA, RTM Other Europe 18% 41% Rolling twelve months  Net sales increased by 66% to SEK 1,110 million sek million 350 Net sales sek million 1 400 - Organic growth contributed by 3% 300 1 200 250 1 000 - Acquisitions contributed by 64% 200 800 - Changed exchange rat

  9. Slide 9: Financials

    FINANCIALS Page 9

  10. Slide 10: Key financials

    Key financials  Net sales at SEK 1.2 billion for the quarter and SEK 6.2 billion rolling twelve months Q1 Q1 SEK million RTM  EBITA margin at 3.2% for the quarter and 7.7% 2025 2024 rolling twelve months, respectively 1,223 1,383 NET SALES 6,192 - Unusually mild winter impacting sales and EBITA -

  11. Slide 11: Cash flow

    Cash flow  Cash flow from operating activities amounting to SEK 532 (366) million rolling twelve months  Cash flow from operating activities amounting to Cash flow from operation activities SEK 139 (208) million in Q1 sek million sek million 300 700 250 600  Cash and cash equivalents at the end of

  12. Slide 12: Cash flow bridge

    Cash flow bridge ‘SEK million EBITA 40 SS 139 24 EBIT Poge 12 39 +144 47 45 +27 {3} — Amortization Change in NWC_ Cash flow from Acquisitions Copex & New Loans Debt repayment — Repurchase depreciation, Operating Other lease of shores interest and tax Activitites amortizattion Cash flow for the perio

  13. Slide 13: Financial leverage

    Financial leverage  Financial leverage amounted to 2.6 (2.4) times  Good headroom to financial covenant  Steady state means deleveraging through cash Financial leverage 3,0 flow from operating activities 2,5 2,0 1,5 1,0 0,5 0,0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2022 2023 2024 2025 Net debt/E

  14. Slide 14: Loan maturity profile

    Loan maturity profile  Total maturities amounting to SEK 2,170 million - Short-term SEK 102 million - Long-term SEK 2,068 million Loan maturity  Net debt / EBITDA pro forma is the only covenant. 2 400 Current level leaves plenty of headroom 2 000 1 600 1 200 800 400 0 2025 2026 Bank Loans Page 14

  15. Slide 15: 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

  16. Slide 16: Summary

    Summary Rolling twelve months Q1  Net sales increased by 4% to SEK 6,192 million  Sales and EBITA impacted by an unusual mild winter Organic growth contributed by -4%  Net sales decreased by 12% to SEK 1,223 million - - Acquisitions contributed by 8% - Organic growth contributed by -18% - Changed

  17. Slide 17: Page 17

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Green Landscaping Group — Q1 2025 Earnings Presentation on 6ix