Order from Sweden worth SEK 19 million

30/10/2017 - Sensys Gatso Group, a global leader in traffic safety solutions, has received an order worth 19 MSEK (corresponding to 1.9 MEUR) from the Swedish Transport Administration.

The order includes spare parts for traffic safety cameras, estimated to be delivered during Q4 2017 and Q1 2018.

According to estimates, 20-30 lives are saved, and the number of serious injuries are reduced by 70 each year through the more than 1,500 traffic safety cameras along the Swedish road network. The Swedish Transport Administration signed contract with Sensys Gatso Group, covering deliveries of traffic safety cameras, in July 2013. This order is placed in accordance with the contract.

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 below, at 15:25 on the 30th of October 2017.

 

 Release

 

For more information:
Niki Gatsonides, CFO
M +31 622 775 900
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 169 employees.

Published: 30/10/2017