Order from the Swedish Transport Administration worth SEK 39 million

20/12/2017 - Sensys Gatso Group, a global leader in traffic safety solutions, has received an order worth 39 MSEK (corresponding to 4 MEUR) from the Swedish Transport Administration (Trafikverket).

The order covers systems and cabinets for traffic safety cameras to be installed at new locations during 2018. Installation and commissioning of the traffic safety cameras are not included in this order and will be ordered separately in 2018 as the roll-out plan progresses. Deliveries according to this order will start in the second half of 2018.

The more than 1500 traffic safety cameras already installed across Sweden are an important part of the implementation of Trafikverket’s ‘Vision Zero’ policy. They are estimated to contribute to saving 20-30 lives per year and reducing the amount of seriously injured people with 70 per year. The Swedish Transport Administration signed a contract with Sensys Gatso Group, covering deliveries of traffic safety systems, in July 2013. This order is placed in accordance with this contract.

“On November 8 Trafikverket extended the framework contract with Sensys Gatso for another two years. We are particularly proud we have been given the opportunity to further contribute to the execution of Trafikverket’s Vison Zero program. We see this as a proof of our excellent partnership already lasting for over 10 years”, says Ivo Mönnink, CEO of Sensys Gasto Group AB.

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 10:00 on the 20 December 2017.

 Release (pdf)

For more information:
Niki Gatsonides, CFO
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: 20/12/2017