The Board of Directors of Sensys Gatso Group, a global leader in traffic safety solutions, has appointed Ivo Mönnink as new Chief Executive Officer. Ivo Mönnink will assume his new role as of October 1, 2017. The current CEO Torbjörn Sandberg will step down on the same day, but remain at the company’s disposal until March 30, 2018.

In order to clarify the release of 16 aug 2017, please see the updated Press Release: Sensys Gatso receives an order from Qatar worth SEK 5 million.

Sensys Gatso Group, a global leader in traffic safety solutions, has received an order from its partner KTC International Co. worth SEK 5 million for Qatar.

Sensys Gatso Group, a global leader in traffic safety solutions, has received an order from its partner worth SEK 5 million for Qatar.

Sensys Gatso Group, a global leader in traffic safety solutions, has received an order from its partner at a value of EUR 440 thousand, corresponding to 4,3 MSEK. This order is the result of the award letter announced on June 2nd from the Latvian State Police (VP) to Sensys Gatso and Reck.

Sensys Gatso Group, a global leader in traffic safety solutions, and Ricardo Rail has signed a strategic agreement for sales and manufacturing of the APMS product (Automatic Pantograph Monitoring System) to the global rail market. Sensys Gatso has entered into this agreement, that does not contain any committed values, in order to improve its focus on the road traffic business.

Johan Frilund, Executive Vice President Corporate Development, leaves Sensys Gatso Group AB after 9 years within the company.

Sensys Gatso Group AB, a global leader in traffic safety solutions, has received an order from the Swedish Transport Administration worth 17 MSEK. The order covers speed enforcement systems fortunnels and spare parts to existing installations of speed enforcement systems.

The annual general meeting in Sensys Gatso Group AB was held on 18 May 2017 in Jönköping.

Sensys Gatso Group, a global leader in traffic safety solutions will suspend the interstate speed enforcement services in Iowa effective immediately, following the decision of the Iowa District Court in Polk County which now allows the Iowa Department of Transportation to determine camera purpose and placement. The revenue from the affected speed enforcement program is USD 2,8 million per year, corresponding to SEK 24,5 million. The effect on 2017 is expected to be negative USD 1,9 million, corresponding to SEK 16,6 million on forecasted annual revenue.

January – March 2017

- Net sales MSEK 70.7 (164.1)
- Order intake MSEK 68.6 (27.1)
- Operating profit MSEK -17.3 (-14.4)
- EBITDA MSEK -7.6 (3.4)
- The profit after tax MSEK -16.4 (-19.9)
- Comprehensive income -16.4 MSEK (-19.1)
- Earnings per share, before and after dilution, SEK – 0.02 (-0.03)
- Cash flow from operating activities amounted to MSEK -8.5 (4.2)