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

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.

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)

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).

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.

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.

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.

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.

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.

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.