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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 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

    Invitation to Sensys Gatso’s presentation of the Interim Report for Q1 2024

    Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the first quarter 2024 at 8.30 am CET on Friday April 26 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-q1-report-2024 If

    Tahakom and Sensys Gatso´s partnership drives Local Content and Sustainability in Saudi Arabia

    Tahakom, the Saudi Technology and Security Comprehensive Control Company, and Sensys Gatso Group, a global leader in traffic safety solutions, have signed a memorandum of understanding (MoU), focusing on Local Content and Sustainability in Saudi Arabia under Road Safety domain.With this MOU, Sensys Gatso will collaborate with Tahakom in multiple initiatives across Saudi Green initiative, Local Content and road to Saudi Vision 2030; reinforcing the strong partnership between the two entities that dates back to 2016. This in turn will align with Tahakom's vision to develop public safety and

    Sensys Gatso Group publishes annual report for 2023

    Sensys Gatso Group AB, a global supplier of traffic safety solutions, has published the annual report for 2023 and it is now available at the company’s web site:https://www.sensysgatso.com/investors/investors/investors/financial-reports/2023/annual-report-2023 The printed version of the annual report will be distributed to shareholders and other stakeholders upon request.  This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact

    Notice to the Annual General Meeting of Sensys Gatso Group AB

    The shareholders of Sensys Gatso Group AB (publ) reg no 556215-4459, (the “Company”) are hereby invited to the Annual General Meeting on Wednesday 8 May 2024 at 10.00 (CET) at the Company at Vasavägen 3c in Jönköping.The Board of Directors has, in accordance with Chapter 7, Section 4a of the Swedish Companies Act and the articles of association of the Company, resolved that the shareholders shall also have the right to exercise their voting rights through postal voting ahead of the Meeting. Thus, shareholders may choose to exercise their vote at the Meeting through being present in person,

    Sensys Gatso receives red-light TRaaS renewal contract with Village of Orland Park, worth SEK 7.8 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 red light enforcement renewal contract with the Village of Orland Park, IL, USA. The contract is estimated to be worth up to USD 745,000, corresponding to SEK 7.8 million.The Village has been a Sensys Gatso customer since 2014. The program currently has red light camera systems which will be upgraded with the company’s latest photo enforcement technology.   “We appreciate the confidence that the Village of Orland Park has in continuing their

    Sensys Gatso receives TRaaS contract for traffic safety in Granger, IA, worth SEK 17 million; continues to expand its footprint in Iowa

    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 Granger, Iowa, USA. The contract is estimated to be worth up to USD 1.7 million corresponding to SEK 17 million.The program is anticipated to begin in late spring of 2024 with fixed speed systems along a dangerous stretch of Highway 141. “We look forward to partnering with the City of Granger to address their traffic safety concerns,” said Sensys Gatso USA President and Managing Director, Bill

    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.The award of the procurement was announced January 12. Sensys Gatso’s partner Destia OY has now signed the contract with the procuring organisations Fintraffic and The

    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.“We look forward to partnering with the City of Newton to address their traffic safety concerns”, said Sensys Gatso USA President and Managing Director, Bill

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