Johan Holmstrom
CEO
Replay available
Green Landscaping Group AB (publ) (GREEN) Q1 2025 Earnings Call
Green Landscaping Group AB (publ) (STO: GREEN) Q1 2025 earnings conference call, held 2025-04-24. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Marcus Holmstrom
CFO
Dan Johansen
Analyst, SEB
Mads Andersson
Analyst, DNV Markets
Unnamed Analyst
Analyst
Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.000 -- 00:00:05.040 Thank you and welcome to today's earnings call. 00:00:05.040 -- 00:00:10.100 As mentioned, my name is Johan Holmstrom and I'm joined today by our CFO, Marcus 00:00:10.100 -- 00:00:14.300 Holmstrom, who is doing his second earnings call, I believe, 00:00:14.300 -- 00:00:19.280 and he will manage the financial section of this presentation. 00:00:19.280 -- 00:00:23.720 But before we dive into the presentation, just let me tell you about the start of the 00:00:23.720 -- 00:00:27.120 year and to put that into the context. 00:00:27.120 -- 00:00:32.560 We have just left one of the mildest winters for the last 15 years behind us and 00:00:32.560 -- 00:00:38.020 the lack of snowfall has, of course, impacted our Q1 numbers. 00:00:38.500 -- 00:00:44.080 And of course, I'm not satisfied with the performance where we are today. 00:00:44.080 -- 00:00:50.260 Sales were down about 12% and they beat a margin and adapted at 3.2%. 00:00:50.260 -- 00:00:55.500 Now, being an outdoor company exposed to changing weather conditions, did these 00:00:55.500 -- 00:01:00.960 situations occur? But I said, of course, we're not satisfied with the performance. 00:01:00.960 -- 00:01:04.560 We are doing what we can to mitigate the financial impact. 00:01:04.560 -- 00:01:10.080 And when we are comparing to similar conditions as we had back in 2020, 00:01:10.080 -- 00:01:14.980 we're actually doing better. So we are not pleased with the performance, but I can see 00:01:14.980 -- 00:01:18.520 significant signs of improvements. 00:01:18.520 -- 00:01:21.300 Now, moving away from the weather, 00:01:21.300 -- 00:01:26.260 we can still that the market conditions and that is particular in Sweden, Finland, Norway 00:01:26.260 -- 00:01:30.260 and Germany, which are our main m...