GREENNasdaq StockholmIndustrialsIFRS · SEK

Green Landscaping Group

Green Landscaping Group is a multinational enterprise focusing on grounds maintenance, green space management, and landscaping. It operates with a unique business model that emphasizes small company entrepreneurship, acquiring successful companies that maintain their operational independence while benefiting from the resources of a larger group. The company has a decentralized structure, allowing subsidiaries to operate under their own brands, fostering a high level of trust and responsibility. Green Landscaping Group is committed to long-term growth and sustainability, providing a supportive environment for entrepreneurs within the landscaping industry.

Revenue6,229m SEK
−2.7 %y/y
Operating profit (EBIT)337m SEK
−19.6 %y/y
EBIT margin5.4%
−1.1 ppy/y
Net income128m SEK
−35.0 %y/y
Free cash flow213m SEK
−55.1 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

02,0004,0006,0008,000m SEK2021: 3,181 m SEK2021: EBIT 156 m SEK20212022: 4,848 m SEK2022: EBIT 308 m SEK20222023: 5,885 m SEK2023: EBIT 394 m SEK20232024: 6,404 m SEK2024: EBIT 419 m SEK20242025: 6,229 m SEK2025: EBIT 337 m SEK20256,229337
RevenueOperating profit (EBIT)

Business

Share of revenue
Grounds Maintenance30 %

Includes regular upkeep of outdoor spaces for aesthetic and functional purposes.

Green Space Management25 %

Involves planning and maintaining parks and green areas.

Landscaping Services20 %

Covers design and construction of outdoor environments.

High-End Garden Design15 %

Specializes in creating bespoke garden spaces.

Light Construction Services10 %

Includes road maintenance and groundwork.

Customers

Green Landscaping Group serves a diverse range of customers, including municipalities, commercial property owners, and private clients. The company builds long-term relationships with clients who require consistent and reliable maintenance of outdoor environments. Many customers value the company's local presence and strong community ties, which ensure personalized service and a deep understanding of local needs. The entrepreneurial spirit within the group attracts clients who appreciate innovative solutions and high-quality service delivery.

Municipalities

Purchase grounds maintenance and green space management for public areas.

Commercial Property Owners

Require landscaping and maintenance services for business premises.

Private Clients

Seek high-end garden design and personalized landscaping solutions.

Strategy

Green Landscaping Group's strategic priorities focus on growth through acquisitions and maintaining a decentralized operational model. The company aims to integrate successful, entrepreneurially-driven businesses while preserving their operational independence. By fostering collaboration among subsidiaries, the group enhances service delivery and innovation. The strategy includes improving margins in weaker segments and leveraging best practices to ensure long-term sustainability and profitability.

Acquisition of successful companiesMedium term

To expand market presence and capabilities

Decentralized operational modelLong term

To maintain entrepreneurial spirit and operational independence

Margin improvementShort term

To enhance profitability in challenging markets

Geography

Green Landscaping Group has a growing multinational presence, with operations in Sweden, Norway, Germany, Finland, and Switzerland. The company leverages its local expertise and strong community ties to deliver services tailored to each region's specific needs. Key markets include Sweden and Norway, where the company has established a significant customer base. Recent acquisitions in Germany and Switzerland have expanded its footprint in Europe, enhancing its ability to serve diverse geographic regions.

Risks

Green Landscaping Group faces several operational and financial risks, including weather-related impacts on service delivery and cost fluctuations due to inflation and fuel prices. The decentralized model relies on the successful integration of acquired companies, which could pose challenges. Financial risks include interest rate fluctuations and currency exchange impacts, which the company mitigates through hedging strategies. The fragmented nature of the market also presents competitive risks, requiring continuous innovation and service quality to maintain customer trust.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Weather-related impacts1Integration challenges2Cost fluctuations3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Weather-related impactsImpact: HighLikelihood: Low

    Affects service delivery and operational efficiency

  2. Integration challengesImpact: HighLikelihood: Low

    Decentralized model requires effective integration of acquisitions

  3. Cost fluctuationsImpact: MediumLikelihood: Low

    Inflation and fuel prices increase operational costs

Accounting

Judgemental items
Goodwill from acquisitions

Reflects future economic benefits from acquired companies

Impact: high

Revenue recognition timing

Varies with contract terms, affecting reported revenue

Impact: medium

Currency exchange impacts

Affects financial results due to multinational operations

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026