Governance

Sound business relations for stable financial development

A prerequisite for successful business relations is having sound relations with customers, suppliers and other business partners, along with a stable financial position that makes it possible to run and develop a successful business. In order to achieve that, Green Landscaping Group prioritizes two areas and in doing so, also contributes to SDG 8.

• To counteract corruption, Green Landscaping Group has routines in place for ensuring that its suppliers comply with laws and regulations. Employees of the Group must also comply with the Code of Conduct, which clearly prohibits and distances itself from illicit benefits and bribes.
  
  
• The financial targets stipulate what represents a stable financial position. According to those targets, the Group shall maintain a growth rate of 10 percent for net sales, an EBITA margin of 8 percent as a measure of profitability and a gearing ratio that, over the long term, does not exceed EBITDA 2.5 times.