Sensys Gatso receives an order from Fareco Group worth SEK 6.8 million

26/02/2021 - Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Netherlands, has received an order for in-vehicle safety systems worth EUR 680 thousand, corresponding to SEK 6.8 million, from Fareco Fayat Group, France.

This repeat order is for the delivery of in-vehicle speed enforcement systems to Fareco Fayat Group and is a continuation of the project that Sensys Gatso Group started in 2013. The order is planned to be delivered during the first half of 2021. The use of our unique in-vehicle systems has proven to be a very effective way to enforce speed and therefore reduce traffic fatalities.

“We are proud and pleased for the extended confidence in Sensys Gatso’s solution with this additional order. The benefits of our in-vehicle system have gained much attention in the global market. Since 2013 we sold more than 2200 in-vehicle systems across 4 countries. The user friendliness, ease of installation and above all the precision and effectiveness of this solution makes Sensys Gatso the clear market leader in this domain. This order confirms the strength of our unique solution over the years”, says Joris Lampe, Chief Commercial Officer at 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, at 11.45, February 26, 2021.

 Release (pdf)

For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB

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 and has 252 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.

Published: 26/02/2021