Sensys Gatso receives Finnish order worth 0.56 MEUR

31/10/2018 - Sensys Gatso Group, a global leader in traffic safety solutions, has received a purchase order worth 0.56 MEUR, corresponding to 5.6 MSEK from its partner Oulun Energia Urakointi Oy in Finland. The purchase order is part of the 30 MSEK procurement award Sensys Gatso received in May 2018.

The order consists of speed enforcement systems that will be installed in cabinets delivered to the Finnish authorities earlier this year. Part of the order is planned to be delivered during Q4, 2018 and the remainder in Q1 2019.

"We are very pleased to see that the installation of systems has started and that Sensys Gatso is supporting the Finnish authorities in their work for safer roads in Finland. Completely new sites are deployed with Sensys Gatso equipment and at the same time already existing systems are being replaced with modern Sensys Gatso technology", says Stefan Svenningsson, Senior Sales Manager, Sensys Gatso Sweden.

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 11.30 on October 31, 2018.

 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. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm and has 167 employees.

Published: 31/10/2018