Sensys Gatso

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11-04-2018

Notice and invitation to attend the Annual General Meeting of Sensys Gatso Group AB

The shareholders of Sensys Gatso Group AB (publ.) reg no 556215-4459, are hereby invited to the Annual General Meeting on Thursday 17 May 2018 at 3pm at Elite Stora Hotellet, Hotellplan, Jönköping, Sweden.

03-04-2018

Sensys Gatso receives contract extension in Maitland, Florida

Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso USA, signed a three-year contract extension for Managed Services with the City of Maitland, Florida. The red light program, which began in 2009, will continue for three more years and has an estimated contract value of $620K USD.

03-04-2018

Sensys Gatso is granted contract extension in Tuscaloosa, Alabama

Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso USA, signed a contract extension with the City of Tuscaloosa, Alabama for Managed Services. The extension of this red light traffic enforcement program is for a minimum of one year with the potential for three years, if new intersection cameras are added. The estimated revenue for the three-year contract term is $580K USD.

22-03-2018

Sensys Gatso receives an order for in-vehicle traffic enforcement systems from the Middle East

Sensys Gatso Group, a global leader in traffic safety solutions, has received an order for in-vehicle based traffic enforcement systems from a governmental customer in Saudi Arabia. The order concerns the delivery of systems to a potential total value of EUR 10 million, corresponding to SEK 100 million. The order is under condition that both parties agree on final terms and conditions.

23-02-2018

Sensys Gatso wins procurement contract in Finland

Sensys Gatso, a global leader in traffic safety solutions, has through its partner Oulun Energia Urakointi Oy been notified of a procurement award decision from their customer stating that it has won the procurement contract for new traffic-safety cameras in Finland. This decision may be appealed during a period covering the next 14 days. The contract concerns systems to a value of estimated SEK 30 million.

22-02-2018

Year-End Report for 2017

October – December 2017

- Net sales MSEK 83.3 (104.0)
- Order intake MSEK 156.3 (66.6)
- Operating profit MSEK -4.7 (-4.6)
- EBITDA MSEK 5.4 (5.8)
- The profit after tax MSEK -12.6 (-0.2)
- Total Comprehensive income MSEK -3.2 (3.7)
- Earnings per share, before and after dilution, SEK -0.01 (0.00)
- Cash flow from operating activities amounted to MSEK -7.3 (38.9)

January – December 2017
- Net sales MSEK 293.1 (436.6)
- Order intake MSEK 348.9 (199.9)
- Operating profit MSEK -54.8 (-23.2)
- EBITDA MSEK -15.9 (25.3)
- The profit after tax MSEK -61.8 (-24.4)
- Total Comprehensive income -64.9 MSEK (-0.7)
- Earnings per share, before and after dilution, SEK -0.09 (-0.04)
- Cash flow from operating activities amounted to MSEK -39.3 (88.4)

Items affecting comparability

The effects of the one-off costs concerning the transformation program and a release of a contingent liability under Other operating income has effected the comparability of our interim financial statements. The adjusted financial figures are as follows:

October - December 2017
- Adj. EBITDA MSEK 5.4 (5.8)

January – December 2017
- Adj. EBITDA MSEK -15.9 (29.4)
07-02-2018

Provision on project receivable

Sensys Gatso has decided to fully provision on an outstanding receivable to the amount of EUR 1 million regarding project deliveries in the Middle East from 2016.

05-02-2018

Sensys Gatso receives an order from Qatar worth SEK 10 million

Sensys Gatso Group, a global leader in traffic safety solutions, has received an order for in-vehicle based traffic safety systems worth SEK 10 million from its partner KTC International Co. in Qatar.

24-01-2018

Sensys Gatso wins 5 year contract for managed services in Ohio USA

Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Gatso USA, received an award from a village in Ohio to provide an automated speed enforcement program.
The 5-year contract has expected sales of USD 125 thousand annually, corresponding to SEK 5 million over this contract period.

20-12-2017

Order from the Swedish Transport Administration worth SEK 39 million

Sensys Gatso Group, a global leader in traffic safety solutions, has received an order worth 39 MSEK (corresponding to 4 MEUR) from the Swedish Transport Administration (Trafikverket).

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