Green Landscaping Group AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 16, 2023 at 01:00 am EST
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Green Landscaping Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 1,430 million compared to SEK 1,176 million a year ago. Revenue was SEK 1,440 million compared to SEK 1,181 million a year ago. Net income was SEK 48 million compared to SEK 48 million a year ago. Basic earnings per share from continuing operations was SEK 0.84 compared to SEK 0.89 a year ago. Diluted earnings per share from continuing operations was SEK 0.84 compared to SEK 0.88 a year ago.
For the nine months, sales was SEK 4,175 million compared to SEK 3,186 million a year ago. Revenue was SEK 4,203 million compared to SEK 3,211 million a year ago. Net income was SEK 122 million compared to SEK 106 million a year ago. Basic earnings per share from continuing operations was SEK 2.18 compared to SEK 1.98 a year ago. Diluted earnings per share from continuing operations was SEK 2.18 compared to SEK 1.97 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.