Bildkälla: Stockfoto

Green Landscaping Q3: Region Stockholm seems to have turned a corner - SEB

Green Landscaping reported Q3 sales of SEK 761m (-4% vs SEB SEK 793m) and EBITA of SEK 69m (+3% vs SEB SEK 67m). The main positive deviation to our earnings forecasts came within Region Stockholm, which seems to be moving in the right direction following its restructuring. Overall, the earnings deviation implies insignificant changes to our earnings estimates and investment case.

Green Landscaping reported Q3 sales of SEK 761m (-4% vs SEB SEK 793m) and EBITA of SEK 69m (+3% vs SEB SEK 67m). The main positive deviation to our earnings forecasts came within Region Stockholm, which seems to be moving in the right direction following its restructuring. Overall, the earnings deviation implies insignificant changes to our earnings estimates and investment case.
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