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Order from Australia worth AUD 8,6 million
16-10-2015
Gatso Australia, a subsidiary of Sensys Gatso Group, the global leader in traffic safety solutions, has received an order worth AUD 8,6 million, corresponding to SEK 51 million for traffic safety systems upgrade and services.
The order is for the supply, installation and maintenance of 20 new traffic safety systems and includes the extension of maintenance services for existing systems. The supply and installation services to the value of AUD 3.6 million are expected to be completed by the end of June 2016. The maintenance contract services to the value of AUD 5 million will extend until June 2018.
Gatso Australia's Managing Director Enzo Dri comments: "We are excited to further develop the relationship with our client by assisting to improve the management of speed and subsequently reduce injury and fatalities on the road network."
This is information that Sensys Gatso Group AB (publ) must publish pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication on 16 October 2015 at 08:30.
Sensys Gatso Group is the leading supplier of system solutions for traffic safety in the field of traffic enforcement systems. Sensys Gatso has subsidiaries in Australia, Germany, the Netherlands, Sweden, the United Arab Emirates and the USA. The Sensys Gatso Group’s shares are listed at NASDAQ OMX Stockholm. The Group has 200 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. Sensys Traffic had net sales of SEK 160.6 million during 2014 and Gatso Beheer has proforma net sales of SEK 275.5 million during the financial year ending on 30 September 2014.