Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the Q4 and Year-End Report 2023 at 8.30 am CET on Thursday February 22 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 solutions, through its subsidiary, Sensys Gatso USA, has executed a 5-year base term automated traffic enforcement contract renewal with the City of Waterloo, IA, USA. The renewal contract, which was unanimously approved by city council, is estimated to be worth up to USD 5.4 million, corresponding to SEK 57 million. In addition there is the possibility for future Program expansion.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a seven-year base-term automated speed and red light enforcement contract with the City of DeSoto, IA, USA. The contract is estimated to be worth up to USD 2.1 million, corresponding to SEK 22 million. The program is anticipated to begin in the spring of 2024 with automated enforcement systems and a mobile speed vehicle.
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 Lake Zurich, IL, USA. The renewal contract is estimated to be worth up to USD 2 million, corresponding to SEK 21 million. This contract includes an upgrade of the existing red light cameras to the newest technology.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, has chosen Kepler Cheuvreux to cover its independent research for investors. Kepler Cheuvreux will be the second analyst firm Sensys Gatso uses next to Carnegie Investment Bank AB, formerly known as Erik Penser Bank.
Read moreSensys 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.
Read moreSensys 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.
Read moreSensys 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.
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 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.
Read moreSensys 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.
Read moreSensys 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.
Read moreJuly – 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
Read moreSensys 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.
Read moreSensys 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.
Read moreApril – 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
Read moreSensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the second quarter and first half-year 2023 at 8.30 am CET on Thursday August 17 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 moreAs previously announced, Sensys Gatso Group has carried out a directed share issue which has resulted in a change in the number of shares and votes in Sensys Gatso Group.
Read moreSensys Gatso Group, a global leader in traffic safety systems, through its subsidiary Sensys Gatso Netherlands, has received an order for in-vehicle based traffic enforcement systems spare parts worth EUR 754 thousand, corresponding to SEK 8,7 million, from North Africa.
Read moreSensys 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 Bensalem, PA. The contract is estimated to be worth up to $2.1 million (USD) corresponding to SEK 22 million. The program will include red light enforcement systems and is anticipated to begin in early fall.
Read moreSensys Gatso Group has, in accordance with the authorisation from the Annual General Meeting on May 15, 2023, resolved on a directed share issue to Erik Penser Bank who acted as guarantor in connection with the reverse share split. Erik Penser Bank provided shares to the shareholders whose shareholding on the record date was not evenly divisible by 80. In total, Erik Penser Bank provided 8,152 shares. The Board of Directors has today resolved on a new issue of 8,152 shares in order to compensate Erik Penser Bank. The share issue has been carried out free of charge and an amount of SEK 32,608, corresponding the quota value per issued share, has been transferred from the unrestricted equity to the share capital.
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