Green Landscaping Q2: Norwegian operations remain strong - SEB

Green Landscaping reported Q2 sales of SEK 794m (+4% vs SEB SEK 760m) and EBITA of SEK 65m (0% vs SEB SEK 65m). The Norwegian operations continue to be the main sales and earnings driver, while the market seems a bit slower in Sweden. Overall, the earnings deviation implies insignificant changes to our earnings estimates and investment case.

Länk till analysen i sin helhet: https://research.sebgroup.com/corporate/reports/110273