Sensys Gatso Group AB, a global supplier of traffic safety solutions, has published the annual report for 2023 and it is now available at the company’s web site:

The shareholders of Sensys Gatso Group AB (publ) reg no 556215-4459, (the “Company”) are hereby invited to the Annual General Meeting on Wednesday 8 May 2024 at 10.00 (CET) at the Company at Vasavägen 3c in Jönköping.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a 5-year base-term automated red light enforcement renewal contract with the Village of Orland Park, IL, USA. The contract is estimated to be worth up to USD 745,000, corresponding to SEK 7.8 million.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a five-year base term automated speed enforcement contract with the City of Granger, Iowa, USA. The contract is estimated to be worth up to USD 1.7 million corresponding to SEK 17 million.

Sensys Gatso Group, a global leader in traffic safety solutions, has through its partner Destia Oy, signed a contract with the procuring organisations Fintraffic and The National Police board of Finland for the delivery of traffic-safety cameras in Finland. Sensys Gatso’s part for the delivery of traffic-safety cameras under the procurement award, is estimated to be worth SEK 20 million, over the 4 year contract period.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a five-year base-term automated speed enforcement contract with the City of Newton, IA, USA. The contract is estimated to be worth up to USD 10 million, corresponding to SEK 100 million. The program is anticipated to begin in late spring of 2024 with fixed speed systems along a dangerous stretch of Interstate 80.

October–December 2023
- Net Sales MSEK 221 (161)
- Order intake and Procurement Awards MSEK 212 (1,080)
- Operating profit (EBITDA) MSEK 45.4 (33.6)
- Operating profit (EBIT) MSEK 34.0 (22.3)
- Total Comprehensive income MSEK -3.7 (7.3)
- Earnings per share, before and after dilution (SEK) 1.31 (0.01)
- Cash flow from operating activities MSEK 4.6 (6.7)

January–December 2023
- Net Sales MSEK 624 (495)
- Order intake and Procurement Awards MSEK 618 (1,456)
- Operating profit (EBITDA) MSEK 85.3 (73.3)
- Operating profit (EBIT) MSEK 39.3 (30.8)
- Total Comprehensive income MSEK 8.7 (58.8)
- Earnings per share, before and after dilution (SEK) 1.12 (0.00)
- Cash flow from operating activities MSEK -18.3 (125.6)

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Sweden, has received a purchase order worth SEK 26 million from a local partner in the Middle East under the five-year procurement award worth SEK 152 million announced on June 12th, 2023. The order is for the delivery of speed and red-light enforcement systems. The first order worth SEK 16 million was delivered in 2023 as a part of this procurement agreement.

Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the Q4 and Year-End Report 2023 at 8.30 am CET on Thursday February 22 and hereby invites to a presentation/audiocast at 10 am CET. The company’s CEO Ivo Mönnink and CFO Simon Mulder will present the financial results in English.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a 5-year base term automated traffic enforcement contract renewal with the City of Waterloo, IA, USA. The renewal contract, which was unanimously approved by city council, is estimated to be worth up to USD 5.4 million, corresponding to SEK 57 million. In addition there is the possibility for future Program expansion.