Green Landscaping Group AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 24, 2023 at 01:00 am EDT
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Green Landscaping Group AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 1,495 million compared to SEK 1,134 million a year ago. Revenue was SEK 1,506 million compared to SEK 1,143 million a year ago. Net income was SEK 39 million compared to SEK 43 million a year ago. Basic earnings per share from continuing operations was SEK 0.7 compared to SEK 0.81 a year ago. Diluted earnings per share from continuing operations was SEK 0.7 compared to SEK 0.81 a year ago.
For the six months, sales was SEK 2,745 million compared to SEK 2,009 million a year ago. Revenue was SEK 2,763 million compared to SEK 2,029 million a year ago. Net income was SEK 74 million compared to SEK 58 million a year ago. Basic earnings per share from continuing operations was SEK 1.34 compared to SEK 1.08 a year ago. Diluted earnings per share from continuing operations was SEK 1.34 compared to SEK 1.08 a year ago.
Green Landscaping Group AB (publ) is a Sweden-based provider for landscaping and maintenance of outdoor environments. 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 Companyâs 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.