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  • Sensys Gatso Group
    Vasavägen 3c, SE 550 02 JÖNKÖPING, SWEDEN
    +46 36 34 29 80
    +46 36 12 56 99
    http://www.sensysgatso.com
  • Ivo Mönnink

    CEO Sensys


    http://www.sensysgatso.com
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    Sensys Gatso announces that the development phase of the Swedish order of SEK 850 million is completed

    Sensys Gatso Group, a global leader in traffic safety solutions, announces through its subsidiary, Sensys Gatso Sweden, that Sensys Gatso’s new traffic safety system FLUX has been approved by the customer the Swedish Transport Administration (Trafikverket).The rollout of this project can thus begin. The Swedish Transport Administration intends to replace existing cameras and, in parallel, expand the existing installed base. Jörgen Andersson, Managing Director, Sensys Gatso Sweden, comments: “We are very happy that the Swedish Transport Administration (Trafikverket), after a solid and in-

    Sensys Gatso receives order for maintenance of in-vehicle systems in Saudi Arabia, worth SEK 27 million

    Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Saudi Arabia, has received a TRaaS order from its customer Tahakom to the value of SEK 27 million, to provide maintenance and support services for the duration of 1 year on the in-vehicle systems that have been delivered since 2018.This order is a direct result of the Memorandum of Understanding (MOU) that was signed last April between both parties. The MOU describes how Sensys Gatso will collaborate with Tahakom in multiple initiatives across Saudi Green initiative, Local Content and road

    Sensys Gatso Australia receives purchase order for the upgrade of traffic safety systems from the state of Victoria, worth SEK 12 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 1.7 million, corresponding to approximately SEK 12 million to upgrade existing enforcement sites from the Victorian Government.On 11 December 2024, Sensys Gatso Australia communicated in a press release the signing of a contract for the maintenance & support of Automated Traffic Enforcement systems at selected intersection & highway sites in the State of Victoria. As disclosed the base contract (and any further extensions) incorporates the

    Sensys Gatso Australia receives contract extension of maintenance services for mobile camera systems in the state of Victoria, worth SEK 12 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 1.8 million, corresponding to SEK 12.4 million to extend the TRaaS maintenance of existing mobile camera systems until the end of October 2025 from Serco Traffic Camera Services on behalf of the Victorian Government.Traffic Enforcement as a Service (TRaaS) is a critical part of the Sensys Gatso Australia portfolio. This TRaaS order includes the maintenance & support of the mobile camera systems operated by Serco Traffic Camera Services

    Sensys Gatso receives red light TRaaS contract with Bristol Township, PA, worth SEK 18 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 red light enforcement contract with the Township of Bristol, Pennsylvania.The contract is estimated to be worth up to $1.6 million (USD) corresponding to appr. SEK 18 million and is anticipated to begin in late spring of 2025.   “The bottom line is, if people didn’t speed, we wouldn’t be having this conversation”, said Bristol Council President Craig Bowen. “I’m not in for bureaucracy, but we have to do something with these red lights on

    Sensys Gatso Australia receives contract extension of maintenance services for traffic safety systems from the state of Victoria, worth SEK 79 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 11 million, corresponding to SEK 79 million to extend the TRaaS maintenance of existing systems until the end of 2027 from the Victorian Government.Traffic Enforcement as a Service (TRaaS) is a critical part of the Sensys Gatso Australia portfolio. This TRaaS order includes the maintenance & support of Automated Traffic Enforcement systems at selected intersection & highway sites in the State of Victoria. This order extends the current

    Interim Report Q3 2024 (January - September)

    July – September 2024- Revenue MSEK 141 (157)- Order intake and Procurement Awards MSEK 95 (145)- Operating profit (EBITDA) MSEK 12.0 (19.2)- Operating profit (EBIT) MSEK 1.1 (8.3 )- Total Comprehensive income MSEK -18.5 (-2.0)- Earnings per share, before and after dilution (SEK) -0.71 (0.69)- Cash flow from operating activities MSEK 8.9 (4.1) January – September 2024- Revenue MSEK 433 (403)- Order intake and Procurement Awards MSEK 831 (541)- Operating profit (EBITDA) MSEK 40.3 (39.9)- Operating profit (EBIT) MSEK 7.8 (5.3)- Total Comprehensive income MSEK 4.7 (12.

    Invitation to Sensys Gatso’s presentation of the Interim Report for Q3 2024

    Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the third quarter 2024 at 8.30 am CET on Friday November 15 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.The presentation/audiocast can be joined online or via telephone and will be available on the company’s webpage https://www.sensysgatso.com If you wish to participate via webcast please use the link below.https://ir.financialhearings.com/sensys-gatso-group-q3-report-2024

    Sensys Gatso publishes bond prospectus and applies for admission to trading of bonds on Nasdaq Stockholm

    On 13 September 2024, Sensys Gatso Group AB (publ), (the “Company”) issued senior unsecured floating rate bonds of EUR 30 million under a framework of EUR 60 million (the “Bonds”).Pursuant to the terms and conditions for the Bonds, the Company has undertaken to apply for admission to trading of the Bonds on the corporate bond list of Nasdaq Stockholm. For this purpose, the Company has prepared a listing prospectus, which today has been approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). The prospectus is available at the Company’s website www.sensysgatso.com

    Implementation of new legislation in Iowa, USA

    Sensys Gatso Group, a global leader in traffic safety solutions, announces that, as part of new automated traffic enforcement legislation in Iowa, each location where automated speed enforcement was already being used, had to receive a permit through the Iowa Department of Transportation (IaDOT). The IaDOT released its decisions on submitted permit applications for automated speed enforcement systems. Sensys Gatso is currently investigating the financial impact. As the outcome of our customers' appeals could have an impact on this analysis, we cannot yet evaluate the potential effect of the

    Sensys Gatso successfully issues senior unsecured floating rate bonds of EUR 30 million to further accelerate growth

    Sensys Gatso Group AB (publ), (the “Company”) has successfully raised EUR 30 million through the issuance of senior unsecured bonds with a four years tenor and a floating rate interest of Euribor 3 months + 4.75% per annum under a framework of EUR 60 million (the “Bonds” and the “Bond Issue”). The net proceeds from the Bond Issue will partly be applied to refinance existing debt and primarily towards general corporate purposes, including investments in working capital and fixed assets in operation to accelerate further growth of the Company. The Company will apply to have the Bonds admitted

    Sensys Gatso contemplates issuance of senior unsecured bonds

    Sensys Gatso Group AB (publ), (the “Company”) has mandated Carnegie Investment Bank as arranger and bookrunner to arrange a series of fixed income investor meetings commencing on September 2, 2024, to explore the possibility to issue new senior unsecured callable floating rate bonds in an expected amount of EUR 30,000,000 and with a tenor of four years.Subject to, inter alia, market conditions, a capital markets transaction may follow. The net proceeds from the contemplated bond issue will partly be applied to refinance existing debt and primarily towards general corporate purposes,

    Half year Report January - June 2024

    April – June 2024- Revenue MSEK 167 (133)- Order intake and Procurement Awards MSEK 418 (306)- Operating profit (EBITDA) MSEK 24.6 (19.2)- Operating profit (EBIT) MSEK 13.6 (5.6)- Total Comprehensive income MSEK 3.5 (27.9)- Earnings per share, before and after dilution (SEK) 0.83 (0.32)- Cash flow from operating activities MSEK -44.1 (-19.3) January – June 2024- Revenue MSEK 292 (246)- Order intake and Procurement Awards MSEK 736 (396)- Operating profit (EBITDA) MSEK 28.3 (20.7)- Operating profit (EBIT) MSEK 6.7 (-3.0)- Total Comprehensive income MSEK 23.2 (14.4)-

    Invitation to Sensys Gatso’s presentation of the Interim Report for Q2 and the first half-year 2024

    Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the second quarter and first half-year 2024 at 8.30 am CET on Friday August 23 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.The presentation/audiocast can be joined online or via telephone and will be available on the company’s webpage https://www.sensysgatso.com If you wish to participate via webcast please use the link below.https://ir.financialhearings.com/sensys-gatso-

    Sensys Gatso receives red light TRaaS contract worth SEK 25 million with Montgomery Township, PA

    Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso USA, has executed a seven-year base-term automated red light enforcement contract with the Township of Montgomery, PA. The contract, which is estimated to be worth up to $2.4 million (USD) was the result of a competitive vendor selection process. The program will include red light enforcement systems. The program is anticipated to begin in late fall."Montgomery Township is pleased to partner with Sensys Gatso to support our ongoing efforts to prevent vehicle crashes and make our roadways

    Sensys Gatso signs procurement contract in the Netherlands

    Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Netherlands, signed the procurement contract with the Dutch Public Prosecution Services. The award of this SEK 84 million contract was announced on 14 June 2024.The procurement contract was awarded to Sensys Gatso as one of the four vendors selected and the signing took place after the period expired in which competitors could file a complaint. The first milestones are expected to be realised at the end of 2024 and the first section control system will be commissioned and delivered in the

    Sensys Gatso has been selected as a vendor to deliver Average Speed Enforcement in the Netherlands, with an estimated revenue of SEK 84 million

    Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Netherlands, has been selected as one of four vendors for a procurement contract to supply, operate and support section control systems for average speed enforcement on highways in The Netherlands. Sensys Gatso expects to receive its fair share.  The contract value for Sensys Gatso is approximately EUR 8 million or SEK 84 million over the minimum contract period of 6 years. The recurring TRaaS revenue, relating to Service, Maintenance and Operations of the section control systems, is estimated

    Sensys Gatso has started issuing caution notices on schedule in Ghana

    Sensys Gatso Group, a global leader in traffic safety solutions, through its 40% joint venture share in Nationwide Traffic Management & Enforcement Ltd (NTMEL) in Ghana, has started issuing caution notices on 4 June 2024. Citation issuance is scheduled for 18 July 2024. NTMEL was awarded an 11 year contract by the Government of Ghana to Design, Build, Finance, Operate and Maintain a national road safety program at the end of December 2022. Total contract value for the joint venture over the term of the contract is estimated at SEK 800 million. Sensys Gatso’s shareholding in NTMEL gives the

    Sensys Gatso receives TRaaS contract renewal for automated traffic safety in Libertyville, IL, worth SEK 5.5 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 Libertyville, IL. The renewal contract is estimated to be worth up to USD 512,000, corresponding to SEK 5.5 million.This contract includes an upgrade of their existing red-light cameras to our latest systems, featuring hi-resolution photographs and 4K video.  “We are pleased to extend our partnership with the Village of Libertyville to address their traffic safety concerns,” said

    Annual general meeting in Sensys Gatso Group AB

    Annual general meeting in Sensys Gatso Group AB was held on 8 May 2024 in Jönköping.Board of DirectorsThe annual general meeting discharged the members of the Board of Directors and the CEO from liability for the fiscal year 2023. The annual general meeting resolved to re-elect Claes Ödman, Jochem Garritsen, Kerstin Sjöstrand, Pia Hofstedt, Francis Schmeer and Mark Talbot as members of the Board of Directors for the period until the end of the next annual general meeting. The annual general meeting elected Claes Ödman as Chairman of the Board of Directors. AuditorThe annual

    Sensys Gatso receives first TRaaS contract in Connecticut with the Town of Stratford, worth SEK 73 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 red light and speed enforcement contract with the Town of Stratford. The contract was awarded through a competitive bid process.Legislation for the use of automated traffic enforcement in Connecticut was enacted last summer. The contract, the first in the state, is estimated to be worth up to USD 6.7 million, corresponding to SEK 73 million. The program is anticipated to begin in early fall of 2024.   "We look forward to our partnership

    Sensys Gatso receives TRaaS contract extension from the City of Albany which adds School Zone Speed Enforcement worth SEK 197 million

    Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, received a 5-year contract amendment from the City of Albany, New York, to extend their current red light camera program and provide for the addition of automated school zone speed enforcement. The total contract value amounts to USD 19.7 million, corresponding to SEK 197 million over the contract period.New York Governor Hochul signed legislation on September 28, 2023, that allows the City to use automated school zone speed enforcement. The program will include the current red

    Interim Report Q1 2024 (January - March)

    January – March 2024- Revenue MSEK 125 (113)- Order intake and Procurement Awards MSEK 318 (90)- Operating profit (EBITDA) MSEK 3.7 (1.5)- Operating profit (EBIT) MSEK -6.9 (-8.6)- Total Comprehensive income MSEK 25.0 (0.5)- Earnings per share, before and after dilution (SEK) -0.45 (-1.21)- Cash flow from operating activities MSEK 55.0 (-7.8)Comments from the CEO Delivering on our ambitionWe realised a strong order intake this quarter, one of the highest Q1 order intakes in our history of SEK 318 (90) million including procurement awards. Our sales team in the USA is

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