Sensys Gatso

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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.

12-01-2024

Sensys Gatso’s partner receives procurement award for traffic safety solution in Finland, worth estimated SEK 20 million

Sensys Gatso Group, a global leader in traffic safety solutions, has been informed of a procurement award decision to its partner Destia Oy 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.

11-01-2024

Sensys Gatso extends the Pawtucket, Rhode Island TRaaS contract by two years, increasing the contract value by SEK 19 million

Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso USA, has executed a new 8-year base-term automated enforcement contract with the City of Pawtucket, RI. The total contract value is estimated to be worth up to USD 13.6 million, corresponding to SEK 139 million, and replaces the initial 7 year contract, signed in December 2022, worth USD 12 million. The TRaaS contract with the city of Pawtucket is herewith extended by two years, and the total contract amount has grown by SEK 19 million, from SEK 120 million to SEK 139 million. The Pawtucket program is a combination of red light and school zone speed enforcement systems. The agreement also includes the opportunity to add systems to the program by mutual consent.

08-01-2024

Sensys Gatso receives TRaaS contract for traffic safety in Grinnell (IA) worth SEK 15 million and continues to expand its footprint in Iowa, USA

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 Grinnell, IA. The contract is estimated to be worth up to USD 1.44 million, corresponding to SEK 15 million. The program is anticipated to begin in the spring of 2024 with automated fixed speed enforcement systems and a mobile speed vehicle.

15-12-2023

Sensys Gatso receives an order from Croatia worth SEK 13.5 million

Sensys Gatso Group, a global leader in traffic safety solutions, has received a purchase order from its local partner in Croatia, Meditronik, for the delivery and maintenance of traffic-safety cameras to the Croatian MOI. The purchase order to Sensys Gatso has a value of EUR 1.2 million, corresponding to SEK 13.5 million.

30-11-2023

Sensys Gatso Australia receives contract extension of maintenance services for traffic safety systems from the state of Victoria, worth SEK 21 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Australia, has received an order to the value of AUD 3 million, corresponding to SEK 21 million to extend the TRaaS maintenance of existing systems until the end of 2024 from the Victorian Government.

16-11-2023

Interim Report January - September 2023

July – September 2023
- Net Sales MSEK 157 (95)
- Order intake* MSEK 145 (53)
- Operating profit (EBITDA) MSEK 19.2 (6.4)
- Operating profit (EBIT) MSEK 8.3 (-4.2)
- Total Comprehensive income MSEK -2.0 (11.6)
- Earnings per share, before and after dilution (SEK) 0.69 (-0.01)
- Cash flow from operating activities MSEK 4.1 (29.0)

January – September 2023
- Net Sales MSEK 403 (333)
- Order intake* MSEK 405 (377)
- Operating profit (EBITDA) MSEK 39.9 (39.7)
- Operating profit (EBIT) MSEK 5.3 (8.6)
- Total Comprehensive income MSEK 12.5 (51.4)
- Earnings per share, before and after dilution (SEK) -0.20 (0.00)
- Cash flow from operating activities MSEK -22.9 (118.8)

*) excluding Middle East remaining procurement award of MSEK 136

09-11-2023

Invitation to Sensys Gatso’s presentation of the Interim Report for Q3 2023

Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the third quarter 2023 at 8.30 am CET on Thursday November 16 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.

02-11-2023

Sensys Gatso raises the revenue expectations from the Dutch procurement contract from SEK 250 million to SEK 400 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Netherlands, has now started deliveries under the procurement contract that was announced on 18 March 2022. Under this contract Sensys Gatso will supply, operate and support fixed systems for speed and red light enforcement in The Netherlands. The Dutch Public Prosecution Services (Openbaar Ministerie) will replace the existing automated traffic enforcement infrastructure before the end of 2024 with additional investments in systems during 2025. The Dutch government has budgeted a total project value of EUR 74 million. Sensys Gatso expects that 50% of the total project will be allotted to Sensys Gatso and therefore raises its revenue expectation from EUR 25 million to EUR 37 million or approximately SEK 400 million.

17-08-2023

Half year Report January - June 2023

April – June 2023
- Net Sales MSEK 133 (124)
- Order intake
*) MSEK 170 (240)
- Operating profit (EBITDA) MSEK 19.2 (17.7)
- Operating profit (EBIT) MSEK 5.6 (7.1)
- Total Comprehensive income MSEK 27.9 (27.5)
- Earnings per share, before and after dilution (SEK) 0.32 (0.01)
- Cash flow from operating activities MSEK -19.3 (30.8)

January – June 2023
- Net Sales MSEK 246 (238)
- Order intake *) MSEK 260 (323)
- Operating profit (EBITDA) MSEK 20.7 (33.3)
- Operating profit (EBIT) MSEK -3.0 (12.7)
- Total Comprehensive income MSEK 14.4 (39.8)
- Earnings per share, before and after dilution (SEK) 0.30 (0.02)
- Cash flow from operating activities MSEK -27.1 (89.8)

*) excluding Middle East procurement award of MSEK 152

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