Order from Australia worth SEK 25 million

18/07/2018 - Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso Australia, received an order worth AUD 3.9 million, corresponding to SEK 25 million for traffic safety systems upgrade and services to the Victorian Government.

The order is for the supply and installation of new traffic safety systems by upgrading existing camera system sites to new technology. The supply and installation services to the value of SEK 25 million are expected to be completed progressively by the end of December 2019.

Sensys Gatso Australia's Managing Director Enzo Dri comments: "We have long standing relationship with our client and have partnered with them to improve road safety. This project will assist the management of safety at a number of intersections around the State of Victoria in an effort to reduce injury and fatalities”.

This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 11.00 on July 18, 2018.

 

  Release (pdf)

For further information:
Ivo Mönnink, CEO & President
Sensys Gatso Group AB
E investors@sensysgatso.com

Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso Group has subsidiaries in Australia, Germany, the Netherlands, Sweden and the USA, and a branch office in the United Arab Emirates. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm and has 167 employees.

Published: 18/07/2018