Orders from Belgium worth SEK 11.9 million

10/02/2017 - Sensys Gatso Group, a global leader in traffic safety solutions, has received orders worth SEK 11.9 million, corresponding to EUR 1.25 million, from Belgium.

The orders, covering traffic safety systems, comes from Sensys Gatso Group's customers in Belgium and will be delivered during 2017. Sensys Gatso has previously this year communicated a contract in Belgium worth SEK 6.7 million making the total order intake of SEK 18.6 million from this market during this quarter.

Sensys Gatso Group is since long the established market leader in Belgium, which is one of the leading markets in Europe in terms of use of automated traffic enforcement. The Belgium market is regionalized consisting of several buying customers.

"These orders confirm our strong position in the Belgian market and we now have received orders from both the Brussels Capital Region and the Flemish Government within the current quarter" says Torbjörn Sandberg, CEO and President, Sensys Gatso 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 20.00 on the 10th of February 2017.

 Release

 

For further information:
Johan Frilund, EVP Corporate Development
M +46 732-742 823
E j.frilund@sensysgatso.com

Sensys Gatso is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso 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 at NASDAQ Stockholm. The Group has 202 employees and is the result of a merger of Sensys Traffic AB and Gatso Beheer B.V. following Sensys Traffic’s acquisition of Gatso Beheer.

Published: 10/02/2017