Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the third quarter 2020 at 8.30 am CET on Thursday November 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.
Read moreThe number of shares and votes in Sensys Gatso Group AB has increased as a result of the conversion of the vendor loan as announced on August 6, 2020. The installment of EUR 1 million has partly been converted into 8,180,523 new shares. The conversion price amounted to SEK 1.1583. The total number of shares and votes in Sensys Gatso amounts to 921,776,405.
Read moreThe number of shares and votes in Sensys Gatso Group AB has increased as a result of the Directed Share Issue resolved upon by the Board of Directors on September 9, 2020.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, has promoted Saman Alae Naziri, Regional General Manager of its Middle East Region, to become a member of the global Extended Management Team.
Read moreSensys Gatso Group, a global leader in traffic safety solutions has, through its subsidiary Sensys Gatso USA, signed a five-year, TRaaS contract extension (allowing for two additional, single year extensions) with Edgewood, FL, valued at approximately $720K USD over the contract period, corresponding to SEK 7 million.
Read moreThe number of shares and votes in Sensys Gatso Group AB has increased as a result of the direct share issue resolved upon by the Board of Directors on September 9, 2020.
Read moreNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND OR ANY OTHER JURISDICTION WHERE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES PURSUANT TO APPLICABLE LAW. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE. The board of directors of Sensys Gatso Group AB (”Sensys Gatso” or the ”Company”) has, in accordance with the Company’s press release earlier today, with support of the authorization granted by the annual general meeting May 12, 2020, resolved on and carried out a new share issue of 53,571,475 shares (the “Directed New Share Issue”). The subscription price of the shares in the Directed New Share Issue amounts to SEK 1.40 per share. To meet the large interest in the new share issue, the Company has chosen to increase the Directed New Share Issue compared with the previously communicated intent to raise SEK 50 million. Through the Directed New Share Issue Sensys Gatso will receive proceeds amounting to SEK 75 million before deduction of transaction costs. Investors in the new share issue are a number of institutional investors, family offices and private investors.
Read moreNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, PART OR PARTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SWITZERLAND SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES PURSUANT TO APPLICABLE LAW. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE. Sensys Gatso Group AB (“Sensys Gatso” or the “Company”) today announces its intention to carry out a directed new share issue of SEK 50 million to primarly institutional investors (the “Directed New Share Issue”).
Read moreAfter nearly two years of providing a fully managed, automated number plate recognition (ANPR) program to identify uninsured vehicles on Oklahoma roads, Sensys Gatso USA and the Oklahoma District Attorneys Council (DAC) are mutually parting ways with regard to this effort.
Read moreApril – June 2020 - Net Sales MSEK 93.5 (96.9) - Order intake MSEK 282.6 (141.5) - Operating profit (EBIT) MSEK -0.9 (-8.2) - Operating profit (EBITDA) MSEK 12.3 (4.4) - Total Comprehensive income MSEK -17.1 (-5.1) - Earnings per share, before and after dilution (SEK) 0.00 (-0.01) - Cash flow from operating activities MSEK 1.8 (-2.7) January – June 2020 - Net Sales MSEK 189.1 (175.3) - Order intake MSEK 316.2 (241.4) - Operating profit (EBIT) MSEK -14.6 (-20.4) - Operating profit (EBITDA) MSEK 13.3 (4.3) - Total Comprehensive income MSEK -12.4 (-7.1) - Earnings per share, before and after dilution (SEK) -0.01 (-0.02) - Cash flow from operating activities MSEK 21.7 (-23.3)
Read moreSensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the second quarter and first six months of 2020 at 8.30 am CET on Thursday August 20 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.
Read moreIn connection with the acquisition of Gatso Beheer B.V. in 2015 a vendor note of approximately EUR 6.8 million was issued as part of the consideration. The vendor loan may under certain circumstances be converted into new shares in Sensys Gatso Group. The remaining part of the vendor loan amounted to a total of EUR 2.84 million per June 30, 2020.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, has received a new contract from Tahakom in Saudi Arabia. Tahakom is an existing customer from whom Sensys Gatso received its first order in 2018, worth SEK 60 million. The new contract is worth SAR 119 million, corresponding to approximately SEK 275 million.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Australia, has received a Purchase Order Award that extends the value of an existing TRaffic enforcement as a Service (TRaaS) contract by AUD 1 million, corresponding to SEK 6.4 million over the next 2 years. This order was received for the upgrade of camera systems for the Australian Capital Territory (ACT) Government. As a result of this order, the existing TRaaS maintenance services provided to the ACT Government will extend to a total contract value of services of AUD 1.45 million, corresponding to SEK 9.3 million over the next 2 years.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, has been awarded through its Malaysian partner a tender to supply the Malaysian Government with traffic enforcement products and services for two years. Sensys Gatso received the first order under the procurement award for the first batch consisting of in-vehicle speed enforcement equipment, corresponding to SEK 1,8 million. The in-vehicle systems will be installed in Q4, 2020.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, has received notification from the Dutch Prosecution Service that the first section control system is accepted and will be put in operation from July 7th 2020 onwards.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, has completed the financing transaction of SEK 50 million with Rabobank for financing of its growth plan. As mentioned in our Q1 2020 report to the market, we have met our expectation to close this transaction in the second quarter.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, has received a four year TRaaS contract extension for the operation and maintenance of the Dutch A2 section control system which is part of the EG033 contract. The contract extension has a value of EUR 800 thousand, corresponding to SEK 8 million, over the four year period. With this four years extension, the total length of this TRaaS contract will be 12 years.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its American subsidiary Sensys Gatso USA, has been selected by the city of Parma, Ohio to provide six school zone safety camera systems complete with software and fulfillment services. The estimated value of this fully managed service program is USD 2.2 Million, corresponding to SEK 21 million, over the five year period.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its American subsidiary Sensys Gatso USA, confirms the contract has now been signed with the Cosevi Road Safety for the country’s Nationwide Intelligent Transportation System. The expected total contract value to Sensys Gatso for equipment, software and maintenance is approximately USD 20 Million, corresponding to SEK 192 Million. Alongside the systems agreement of USD 13.7 Million, corresponding to SEK 132 Million, there is an additional TRaaS maintenance and staffing contract estimated at USD 1.6 Million annually, corresponding to SEK 15 Million, for a contract period of four years.
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