Green Landscaping Group AB (publ)
STO:GREEN
Green Landscaping Group AB (publ)
Green Landscaping Group AB provides landscaping services. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2018-03-23. Through numerous subsidiaries, Green Landscaping Group offers a comprehensive service portfolio that aims to make cities more beautiful and safer. The service portfolio includes design and construction of all outdoor green areas, tree care, pruning, forestry, nature conservation, bioenergy and recycling services, snow plowing/removal, deicing and gritting as well as services and products for Green Sports turf. The Company’s business is divided into such segments as: Region South, Region Mid, Region Stockholm, Region North, Norway as well as Finland. Green Landscaping Group AB has several subsidiaries, including Green Landscaping Helsingborg AB, Mark & Miljo Projekt i Sverige AB, Hakonsen og Sukke Landskapsentreprenor AS, Viher-Pirkka Oy and Svensk Markservice Holding AB.
Green Landscaping Group AB provides landscaping services. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2018-03-23. Through numerous subsidiaries, Green Landscaping Group offers a comprehensive service portfolio that aims to make cities more beautiful and safer. The service portfolio includes design and construction of all outdoor green areas, tree care, pruning, forestry, nature conservation, bioenergy and recycling services, snow plowing/removal, deicing and gritting as well as services and products for Green Sports turf. The Company’s business is divided into such segments as: Region South, Region Mid, Region Stockholm, Region North, Norway as well as Finland. Green Landscaping Group AB has several subsidiaries, including Green Landscaping Helsingborg AB, Mark & Miljo Projekt i Sverige AB, Hakonsen og Sukke Landskapsentreprenor AS, Viher-Pirkka Oy and Svensk Markservice Holding AB.
Mixed Performance: Green Landscaping Group delivered a stable performance in Q3 2025 despite tough market conditions, with Sweden and Norway under pressure but Other Europe showing strong results.
Profit Decline: EBITA for the quarter fell 12% year-on-year to SEK 114 million, mainly due to a SEK 21 million project write-down in Norway.
Revenue Growth: Net sales increased 4% in Q3 to SEK 1.6 billion, though organic growth was negative at -3%.
Cash Flow: Cash flow from operating activities was SEK 47 million, slightly below management's expectations due to higher working capital needs.
Order Backlog: The order backlog decreased to SEK 7.4 billion, mainly due to a drop in Norway.
Leverage: Financial leverage rose temporarily to 3.0x, with management expecting improvement in Q4.
Guidance Maintained: The company confirmed its target to acquire SEK 80–100 million in EBITA for 2025 and expressed confidence in margin recovery in Sweden for 2026.
