Sensys Gatso Group (SGG) Q2 2026 earnings summary

Executive summary

• Revenue increased 2% year-over-year at mid-year, with Q2 revenue stable at 204.0 MSEK, and EBITDA margin expanding from 11.9% to 17% for H1 and 19.5% in Q2, reflecting significant profitability improvements and operational efficiency.

• Strategic North American restructuring and disciplined execution led to new customer signings, increased backlog, and strong new business intake.

• Appointment of a new CTO aims to accelerate innovation and support commercial and technology strategy.

• Full-year EBITDA margin guidance raised to 15–17% (from 14–16%) and revenue guidance reaffirmed at 750–800 MSEK.

• Strong order intake and strategic contract wins in North America and internationally, including major contracts in Pennsylvania, New York, and Australia.

Financial highlights

• Q2 2026 revenue was 204.0 MSEK (flat YoY); H1 2026 revenue up 2% to 363.6 MSEK.

• Q2 2026 EBITDA reached 39.8 MSEK (31.4 MSEK), margin rose to 19.5% (15.4%); H1 EBITDA margin expanded to 17.0% (11.9%).

• Q2 EBIT increased to 25.1 MSEK (18.0 MSEK); profit for the period was 14.5 MSEK (compared to a loss of 8.9 MSEK in Q2 2025).

• Gross profit for Q2 was 76.8 MSEK, with a gross margin of 37.7%.

• Cash flow from operations in H1 was 19.0 MSEK; available liquidity at period end was 192.2 MSEK.

Outlook and guidance

• Full-year revenue guidance reaffirmed at 750–800 MSEK.

• EBITDA margin guidance raised to 15–17% for the full year.

• Majority of delayed Q2 revenue expected to be recognized in the second half of the year.

• Ongoing monitoring of project schedules and global political developments, especially in the Middle East.