Sensys Gatso receives TRaaS order from Australia worth SEK 60 million

19/12/2019 - Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso Australia, has received an order worth AUD 9 million, corresponding to SEK 60 million for a 3-year contract providing maintenance & support services for the Fixed Road Safety Camera network to the Victorian Government.

Traffic Enforcement as a Service (TRaaS) is a critical part of the Sensys Gatso Australia portfolio. This new TRaaS order includes the maintenance & support of fixed road safety camera enforcement systems at selected intersection & highway sites in the State of Victoria. The annuity services will be delivered progressively until December 2022, with a further option for 1+1 years. 

Sensys Gatso Australia's Managing Director Enzo Dri comments: "The signing of this new TRaaS agreement is evidence of the quality Sensys Gatso's service delivery over a number of years. We are pleased that we are able to provide ongoing support to the State to help meet its objectives of a safe road network for the community."

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 08.45 on December 19, 2019.

 

 Release (pdf)

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

Published: 19/12/2019