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SENASTE
Green reported Q1 sales of SEK 669m (+9% vs SEB SEK 616m) and EBITA of SEK 15m (+47% vs SEB SEK 10m). The EBITA margin strengthened by 7.2pp y/y to 2.2% (-5% in Q1 2020), supported by newly acquired companies and an increase in snow removal activities compared with the mild winter last year. The earnings deviation implies single-digit estimate revisions of around 1-3% and is supportive to the investment case.
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