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Order from the Middle East worth EUR 680,000
25-08-2015
Sensys Gatso Group, a global leader in traffic safety solutions, has received an additional order for traffic safety systems worth EUR 680,000, corresponding to 6,5 MSEK, from a customer in the Middle East.
The order is the third order received since June from a new customer in the Middle East. The order covers the supply of red light and speed camera systems as well as software design work, and is expected to be delivered during the fourth quarter 2015.
“I am delighted to see that we continue to strengthen our footprint in the Middle East and that our cooperation with this new customer is evolving ” says Torbjörn Sandberg, CEO of Sensys Gatso Group AB.
Sensys Gatso Group AB is obliged to publish the information contained in this press release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act.
This information was submitted for publication 08.40 on 25 August 2015.
Sensys Gatso Group is the leading supplier of system solutions for traffic safety in the field of traffic enforcement systems. Sensys Gatso has subsidiaries in Australia, Germany, the Netherlands, Sweden, the United Arab Emirates and the USA. The Sensys Gatso Group’s shares are listed at NASDAQ OMX Stockholm. The Group has 200 employees and is the result of a merger of Sensys Traffic AB and Gatso Beheer B.V. following Sensys Traffic’s acquisition of Gatso Beheer. Sensys Traffic had net sales of SEK 160.6 million during 2014 and Gatso Beheer has proforma net sales of SEK 275.5 million during the financial year ending on 30 September 2014.