Sensys Gatso

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29-02-2024

Sensys Gatso’s partner signs contract for traffic safety solution in Finland, worth estimated SEK 20 million

Sensys Gatso Group, a global leader in traffic safety solutions, has through its partner Destia Oy, signed a contract with the procuring organisations Fintraffic and The National Police board of Finland for the delivery of traffic-safety cameras in Finland. Sensys Gatso’s part for the delivery of traffic-safety cameras under the procurement award, is estimated to be worth SEK 20 million, over the 4 year contract period.

23-02-2024

Sensys Gatso receives TRaaS Managed Services contract for traffic safety in Newton, IA, worth SEK 100 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a five-year base-term automated speed enforcement contract with the City of Newton, IA, USA. The contract is estimated to be worth up to USD 10 million, corresponding to SEK 100 million. The program is anticipated to begin in late spring of 2024 with fixed speed systems along a dangerous stretch of Interstate 80.

22-02-2024

Year-End Report October - December 2023

October–December 2023
- Net Sales MSEK 221 (161)
- Order intake and Procurement Awards MSEK 212 (1,080)
- Operating profit (EBITDA) MSEK 45.4 (33.6)
- Operating profit (EBIT) MSEK 34.0 (22.3)
- Total Comprehensive income MSEK -3.7 (7.3)
- Earnings per share, before and after dilution (SEK) 1.31 (0.01)
- Cash flow from operating activities MSEK 4.6 (6.7)

January–December 2023
- Net Sales MSEK 624 (495)
- Order intake and Procurement Awards MSEK 618 (1,456)
- Operating profit (EBITDA) MSEK 85.3 (73.3)
- Operating profit (EBIT) MSEK 39.3 (30.8)
- Total Comprehensive income MSEK 8.7 (58.8)
- Earnings per share, before and after dilution (SEK) 1.12 (0.00)
- Cash flow from operating activities MSEK -18.3 (125.6)

20-02-2024

Sensys Gatso secures a purchase order for traffic enforcement systems in the Middle East worth SEK 26 million, as part of the SEK 152 million procurement award

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Sweden, has received a purchase order worth SEK 26 million from a local partner in the Middle East under the five-year procurement award worth SEK 152 million announced on June 12th, 2023. The order is for the delivery of speed and red-light enforcement systems. The first order worth SEK 16 million was delivered in 2023 as a part of this procurement agreement.

15-02-2024

Invitation to Sensys Gatso’s presentation of the Interim Report for Q4 and Year-End Report 2023

Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the Q4 and Year-End Report 2023 at 8.30 am CET on Thursday February 22 and hereby invites to a presentation/audiocast at 10 am CET. The company’s CEO Ivo Mönnink and CFO Simon Mulder will present the financial results in English.

12-02-2024

Sensys Gatso receives TRaaS contract renewal for automated traffic safety in Waterloo, IA, worth SEK 57 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a 5-year base term automated traffic enforcement contract renewal with the City of Waterloo, IA, USA. The renewal contract, which was unanimously approved by city council, is estimated to be worth up to USD 5.4 million, corresponding to SEK 57 million. In addition there is the possibility for future Program expansion.

25-01-2024

Sensys Gatso receives new TRaaS contract for traffic safety in De Soto, IA worth SEK 22 million; Iowa expansion continues

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a seven-year base-term automated speed and red light enforcement contract with the City of DeSoto, IA, USA. The contract is estimated to be worth up to USD 2.1 million, corresponding to SEK 22 million. The program is anticipated to begin in the spring of 2024 with automated enforcement systems and a mobile speed vehicle.

24-01-2024

Sensys Gatso receives TRaaS contract renewal for automated traffic safety in Lake Zurich, IL, worth SEK 21 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso USA, has executed a five-year base-term automated traffic enforcement contract renewal with the Village of Lake Zurich, IL, USA. The renewal contract is estimated to be worth up to USD 2 million, corresponding to SEK 21 million. This contract includes an upgrade of the existing red light cameras to the newest technology.

22-01-2024

Sensys Gatso Group has chosen Kepler Cheuvreux for research coverage, in addition to Carnegie

Sensys Gatso Group, a global leader in traffic safety solutions, has chosen Kepler Cheuvreux to cover its independent research for investors. Kepler Cheuvreux will be the second analyst firm Sensys Gatso uses next to Carnegie Investment Bank AB, formerly known as Erik Penser Bank.

15-01-2024

Sensys Gatso receives TRaaS contract renewal for automated traffic safety in Muscatine, IA, worth SEK 16 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso USA, has executed a seven year base-term automated traffic enforcement contract renewal with the City of Muscatine, IA, USA. The renewal contract is estimated to be worth up to USD 1.6 million, corresponding to SEK 16 million.

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