Green Landscaping Group AB (FRA:2WN)
€ 6.29 -0.08 (-1.26%) Market Cap: 352.02 Mil Enterprise Value: 365.06 Mil PE Ratio: 19.14 PB Ratio: 2.80 GF Score: 88/100

Q2 2023 Green Landscaping Group AB (publ) Earnings Call Transcript

Aug 24, 2023 / 07:00AM GMT
Release Date Price: €5.8 (-0.68%)
Operator

Welcome to the Green Landscaping Group Q2 presentation for 2023. (Operator Instructions)

Now I will hand the conference over to the CEO, Johan Nordstrom; and CFO, Carl-Fredrik Meijer. Please begin your meeting.

Johan Nordstrom;publ;CEO
Green Landscaping Group AB

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Okay. A warm welcome to everyone and to the second quarter report from Green Landscaping. Presenting today, as usual, is myself, Johan Nordstrom, the CEO; and our CFO, Carl-Fredrik Meijer.

So let's move to Slide 2, please. We can begin basically here. The second quarter, to sum it up, was successful overall. We can see that sales and profit margins are increasing again and also surpassing our financial goals. The segments in Finland and Other Europe came in with fantastic results where basically everything that could go right did go right. We could see that we had some offset by what happened in Sweden, where we basically made -- have 1 contract where we made a contract-related [acquisition]. We made our first acquisition in Germany, which was quite

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