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.
Read moreSensys 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.
Read moreSensys 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.
Read moreSensys 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 at SEK 48 million, or 57% of the total contract value. The remaining part of SEK 36 million, is System Sales revenue. The investment by the Dutch Public Prosecution Services authority is aiming to replace the existing automated traffic enforcement infrastructure.
Read moreSensys 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 right to a 40% profit share.
Read moreSensys 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.
Read moreAnnual general meeting in Sensys Gatso Group AB was held on 8 May 2024 in Jönköping.
Read moreSensys 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.
Read moreSensys 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.
Read moreJanuary – 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)
Read moreSensys 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.
Read moreTahakom, 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.
Read moreSensys 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:
Read moreThe 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.
Read moreSensys 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.
Read moreSensys 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.
Read moreSensys 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.
Read moreSensys 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.
Read moreOctober–December 2023 - Net Sales MSEK 221 (161) - Order intake and Procurement Awards MSEK 212 (1,080) - Operating profit (EBITDA) MSEK 45.4 (33.6) - Operating profit (EBIT) MSEK 34.0 (22.3) - Total Comprehensive income MSEK -3.7 (7.3) - Earnings per share, before and after dilution (SEK) 1.31 (0.01) - Cash flow from operating activities MSEK 4.6 (6.7) January–December 2023 - Net Sales MSEK 624 (495) - Order intake and Procurement Awards MSEK 618 (1,456) - Operating profit (EBITDA) MSEK 85.3 (73.3) - Operating profit (EBIT) MSEK 39.3 (30.8) - Total Comprehensive income MSEK 8.7 (58.8) - Earnings per share, before and after dilution (SEK) 1.12 (0.00) - Cash flow from operating activities MSEK -18.3 (125.6)
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Sweden, has received a purchase order worth SEK 26 million from a local partner in the Middle East under the five-year procurement award worth SEK 152 million announced on June 12th, 2023. The order is for the delivery of speed and red-light enforcement systems. The first order worth SEK 16 million was delivered in 2023 as a part of this procurement agreement.
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