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Green in numbers

Financial goals

Green in numbers

Financial goals

GOALOUTCOME 2020COMMENTS
Sales growth 10%7.1 percent, of which -5.5 percent was organic. Sales growth was positively impacted by acquisitions, but negatively impacted by the mild winter, primarily in Q1 2020. Sales shall, on average, grow by 10 percent per year (organically and via acquisitions).
Profitability 8% 4.7% (EBITA margin). There has been a positive impact on the margin from synergies that have been realized, along with the contribution from companies acquired during the year. The mild winter and Covid-19 have had a negative impact on sales and earnings. EBITA margin shall amount to 8 percent.
Capital structure 2.5 times2.8 times. The level of indebtedness is deemed satisfactory given the future anticipated growth, since indebtedness decreases (everything else held constant) as a result of the cash flow from operations.Net debt in relation to EBITDA (gearing ratio) shall over the long term, not exceed 2.5 times.
Dividend policy 40%Having considered the growth opportunities and potential value creation in the future, the Board proposes that no dividends shall be paid for the year.Approximately 40 percent of net profit shall be distributed as dividends to shareholders. The dividend proposal shall take into account Green Landscaping’s long-term growth potential, financial position and investment requirements.