Sensys Gatso

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10-09-2018

Updated press release: Conversion of vendor loan into new shares

Today’s press release has been updated with information on conversion price and dilution.

10-09-2018

Conversion of vendor loan into new shares

In connection with the acquisition of Gatso Beheer in 2015 a vendor note of approximately EUR 6.8 million was issued as part of the consideration. As stated in the press release issued on June 23, 2015 the vendor loan may under certain circumstances be converted into new shares in Sensys Gatso Group. The first instalment of EUR 3 million of the vendor loan fell due on July 31, 2018. Approximately EUR 1.6 million of this instalment is still outstanding and will now, in accordance with the terms and conditions of the vendor loan, be converted into 15 110 738 new shares to be issued to Gatso Special Products.

30-08-2018

Half year Report January - June 2018

April – June 2018
- Net sales MSEK 88.6 (68.2)
- Order intake MSEK 182.9 (64.6)
- Operating profit MSEK -0.6 (-14.6)
- EBITDA MSEK 8.6 (-4.7)
- The profit after tax MSEK -1.3 (-15.9)
- Total Comprehensive income MSEK 7.9 (-20.3)
- Earnings per share, before and after dilution, SEK 0.00 (-0.02)
- Cash flow from operating activities amounted to MSEK -4.9 (-13.2)

January – June 2018
- Net sales MSEK 160.2 (138.9)
- Order intake MSEK 235.7 (133.2)
- Operating profit MSEK -15.5 (-31.9)
- EBITDA MSEK 2.6 (-12.3)
- The profit after tax MSEK -14.4 (-32.3)
- Total Comprehensive income MSEK 6.2 (-36.7)
- Earnings per share, before and after dilution, SEK -0.01 (-0.05)
- Cash flow from operating activities amounted to MSEK -1.4 (-21.8)

22-08-2018

Cedar Rapids, Iowa Reinstates I-380 Speed Enforcement Program

In May of this year, the Iowa Supreme Court reversed the 2017 decision authorizing the Iowa Department of Transportation to regulate cities’ Automated Traffic Enforcement Cameras (ATE’s).

21-08-2018

Order from France worth SEK 16 million

Sensys Gatso Group, a global leader in traffic safety solutions, has received an additional order for in-vehicle safety systems worth EUR 1.5 million, corresponding to SEK 16 million, from France.

02-08-2018

Order from Australia worth SEK 5.9 million

Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso Australia, received an order worth AUD 0.9 million, corresponding to SEK 5.9 million, for new traffic safety systems supply and services to the Victorian Government.

25-07-2018

Sensys Gatso wins Managed Services contract worth estimated SEK 8 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has been awarded an automated speed enforcement program in New Richmond, OH. The expected sales over the contract period of 5-years is estimated at SEK 8 million.

18-07-2018

Order from Australia worth SEK 25 million

Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso Australia, received an order worth AUD 3.9 million, corresponding to SEK 25 million for traffic safety systems upgrade and services to the Victorian Government.

18-07-2018

Order from Australia worth SEK 12 million

Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso Australia received an order worth AUD 1.8 million, corresponding to SEK 12 million for the supply of In-vehicle based traffic safety systems and services to the Victorian Government.

16-07-2018

Sensys Gatso signs framework agreement for Point-to-Point systems in the Netherlands

Sensys Gatso Group, a global leader in traffic safety solutions, has today through its subsidiary Sensys Gatso Netherlands BV, signed a framework agreement for 10 Point-to-Point systems on rural roads from the Dutch Department of Justice. The framework agreement estimated to be worth SEK 66 million also includes a six year maintenance and operations contract. The framework agreement is a result of and based upon the procurement award announced in our press release of the 7th of June. Together with this framework agreement, a contract for delivery of the first Point-to-Point system has been signed.

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