Green Landscaping Group AB (FRA:2WN)
€ 6.76 0.15 (2.27%) Market Cap: 384.15 Mil Enterprise Value: 404.07 Mil PE Ratio: 19.82 PB Ratio: 2.86 GF Score: 72/100
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Q1 2022 Green Landscaping Group AB Earnings Call Transcript

May 05, 2022 / 08:00AM GMT
Release Date Price: €7.9 (+2.86%)
Operator

Ladies and gentlemen, welcome to the Green Landscaping Group Audiocast Teleconference for Q1 2022. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I'm pleased to present CEO, Johan Nordstrom; and CFO, Carl-Fredrik Meijer. Please begin your meeting.

Johan Nordstrom;publ;CEO;Executive Director
Green Landscaping Group AB

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Sure. Thank you very much. And a warm welcome to you all. We are quite pleased to report the strong improvements in this quarter. So let's dive into the numbers.

Next slide please, Page 2. As can be seen, sales came in at SEK 886 million, which meant that we grew by 33%, which is a quite high growth, but also according to plan in the quarter. Organically, we grew by 5.1%. We are quite pleased with the 5% because that means we are growing with the market and also given that we have made some changes during the course of last year where we had unprofitable units and contracts, which we are no longer dealing with, and we are still

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