Sensys Gatso Group (SGG) Q1 2026 earnings summary

Executive summary

• Q1 2026 marked the fourth consecutive quarter of strong performance, with year-over-year improvements in revenue, EBITDA, and EBIT, driven by international segment growth, disciplined project management, and strategic restructuring, especially in North America.

• Strategic restructuring in North America commenced, including new leadership, enhanced commercial focus, and expanded presence in New York and Colorado to drive future growth.

• Reporting structure changed from type of sale to geographic segments (North America/Nordamerika and International), with new KPIs introduced for North America to enhance transparency.

• Focus on core markets and operational efficiency supported profitability.

Financial highlights

• Revenue increased 5% year-over-year to SEK/MSEK 159.5–160; underlying growth was 13.1% when adjusted for currency.

• EBITDA rose to SEK/MSEK 22.2 (margin 13.9%), up from SEK/MSEK 11.1 (margin 7.3%) last year.

• EBIT turned positive at SEK/MSEK 8.2, compared to negative SEK/MSEK 1.1 in Q1 2025.

• Net profit for the period was SEK/MSEK 6.7–7, versus a loss of SEK/MSEK 14.7–15 last year.

• Gross margin improved to 39.0% from 37.2% year-over-year.

Outlook and guidance

• 2026 revenue guidance reaffirmed at SEK/MSEK 750–800, with an EBITDA margin of 14–16%, despite Middle East market volatility.

• Confident in strategic focus and financial discipline to navigate the year.