Brief: Sensys Gatso Group Q1 EBITDA Swings To Profit SEK 15.7 Mln

Sensys Gatso AB

29/04/2022 07:35

April 29 (Reuters) - Sensys Gatso Group AB  SENS.ST :
    * Q1 NET SALES SEK 113,4 MILLION VERSUS SEK 78.1 MILLION
YEAR AGO
    * Q1 EBITDA SEK 15,7 MILLION VERSUS LOSS SEK 5.5 MILLION
YEAR AGO
    * Q1 ORDER INTAKE SEK 83,5 MILLION VERSUS SEK 61.8 MILLION
YEAR
AGO
    * OUR BUSINESS MODELS FOR SYSTEM SALES AND OPERATOR SERVICES
ARE
HARDLY AFFECTED BY INCREASED ENERGY COSTS.
    * TODAY, WE DO NOT EXPECT ANY DELIVERY PROBLEMS FROM OUR
SUPPLIERS
AND OUR PRODUCTION COSTS WILL REMAIN RELATIVELY STABLE DURING
2022.
    * TO DATE, WE HAVE NO OPERATIONS IN RUSSIA OR UKRAINE
    * SENSYS GATSO IS NOT SIGNIFICANTLY AFFECTED BY RISING GAS
PRICES
AND HAS PRICE AGREEMENTS IN PLACE WITH SUPPLIERS TO SECURE SALES
IN 2022
    * OUTLOOK: IN ADDITION, WE SEE A LIMITED IMPACT IN THE SHORT
TERM
ON INCREASED PRODUCTION COSTS AND ON THE WAR IN UKRAINE.
    * OUTLOOK: WE THEREFORE STICK TO OUR LONG-TERM PLAN TO
INCREASE
NET SALES TO OVER SEK 1 BILLION BY 2025, WHERE TRAAS REVENUES
CONSTITUTE

Source text for Eikon:  ID:nWkr4yt9q 
Further company coverage:  SENS.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))