Johan Holmström
CEO
Replay available
Green Landscaping Group AB (publ) (GREEN) Q2 2025 Earnings Call
Green Landscaping Group AB (publ) (STO: GREEN) Q2 2025 earnings conference call, held 2025-07-18. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Markus Holmström
CFO
Dan Johansen
Analyst, SEB
Carl Johan Bonnevir
Analyst, DNB Carnegie
Julia Sunville
Analyst, ABG Sundal Collier
Alexander Silgestrom
Analyst, Pareto Securities
Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:03.819 Thank you and welcome to today's earnings call. 00:00:03.819 -- 00:00:08.730 And as mentioned, my name is Johan Holmström and I'm joined with our CFO, Markus Holmström, 00:00:08.730 -- 00:00:14.277 who will manage the financial section of this presentation in a few minutes. 00:00:14.923 -- 00:00:20.093 So before we dive into the presentation per se, Let me ask you a high 00:00:20.093 -- 00:00:25.502 level pitch on how we look upon the second quarter 00:00:25.502 -- 00:00:30.590 and put that into context. So we started the year with a weak Q1, 00:00:30.590 -- 00:00:33.899 given the lack of winter and snow removal activities. 00:00:33.899 -- 00:00:38.904 And this, of course, had a spillover effect in the month of April, meant that we 00:00:38.904 -- 00:00:42.207 had slightly lower revenue and profitability. 00:00:42.207 -- 00:00:47.252 And of course, it did have a negative impact on our cash flow as well as the activities 00:00:47.252 -- 00:00:51.916 we do in the first quarter. They are invoiced in that quarter, but typically we do receive 00:00:51.916 -- 00:00:54.739 payment in the beginning of the second quarter. 00:00:54.739 -- 00:00:59.723 So that had a negative effect on our leverage at the end of the day. 00:00:59.723 -- 00:01:03.768 Beginning in May, things picked up quite significantly. 00:01:03.768 -- 00:01:09.780 So I would say that both May and June came in according to our expected 00:01:09.780 -- 00:01:14.911 levels and this is also the high season where we start up with the 00:01:14.911 -- 00:01:20.044 landscaping activities on a big scale. And of course, 00:01:20.044 -- 00:01:25.091 if you look upon the market as a whole, we can still see that there are headwinds in 00:01:25.091 -- 00:01:28.617 the marketplace. It hasn...