Q1 2025 Sensys Gatso Group AB Earnings Call Transcript
Good morning and welcome to Sensys Gatso market presentation of the first quarter of 2025. And my name is Ivo Monnink. I'm the CEO of Sensys Gatso, and I will be presenting to you together with Simon Mulder, our CFO. In this market presentation, I will provide you with an update on our business for the 1st quarter of 2025. We then follow up with a financial update by Simon and finally, I will finish this presentation with a summary and our financial outlook for 2025.
Let's now look at an update of our business. In this business update, I will take you through our order intake of which 94% has a recurring nature this quarter. Our first recurring revenue order from our Saudi customer. The negligible impact from the tariffs on our US business, the impact we see from a weakened dollar. The continuing growth of our recurring trust business and finally our margin and EBITDA development.
Let's start with the order intake. The order intake and procurement awards during the first quarter came in at SEK192 million compared to SEK318
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