Green Landscaping Group AB (publ) (GREEN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you and welcome to today's earnings call. As mentioned, my name is Johan Holmström. I'm the CEO of Green Landscaping and I'm joined today, as always, by our CFO, Markus Holmström, who will manage the financial section of the presentation in a few minutes. But as always, let me tell you about our most recent performance and put that into perspective. We closed the year with an EBITDA margin of 8.1% in the fourth quarter. And that represents a 7.1 EBITDA percentage for the full year. And in particular, this was following a weak first quarter. And then we have had market headwinds for the duration of the year, in particular in Norway. And the Q4 highlighted a mixed performance across our segments. So if we look upon Sweden, that showed an improvement year over year. And we have had a quite significant amount of work in terms of increasing the profitability that now is, I would say, turning a corner in Sweden. And there we're really looking forward to what's going to happen this year. Norway remained a challenging situation. So it started by a weak market condition and then it continued with market headwinds. And on top of it, we had let's say challenges in one of our companies in Norway at the same for this year and then at the same time if we look upon other Europe and that is basically Finland Lithuania Germany and Switzerland they are still delivering on still they are actually delivering at the very high performance I'm really impressed with what's going on there and also we do welcome the new companies who are contributing to the performance in that particular segment So during the year, we also made good progress on our growth agenda. And we, in the fourth quarter, reached our full year acquisition target, meaning investing in businesses corresponding to rou...