Sensys Gatso Australia receives purchase order for the upgrade of traffic safety systems from the state of Victoria, worth SEK 12 million

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 option for the client to provide additional System Sales purchase orders for defined site upgrades at existing site locations for a total amount of AUD 8 million.

The client has now provided an additional System Sales purchase order under these options for the upgrade of existing enforcement sites to the most current Sensys Gatso technology at a selected number of intersection locations. 

The maximum remaining value of additional defined site upgrade options is a further AUD 6 million.

Sensys Gatso Australia's Managing Director Enzo Dri comments: "The upgrade of existing sites to the most current Sensys Gatso technology continues to provide our client with the benefits of Sensys Gatso innovation, commercial flexibility and quality service. We are pleased to work in collaboration with the State to help meet its objectives of a safe road network for the community."

This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person, at 08.30 on January 14, 2025.