Sensys Gatso Group, a global leader in traffic safety solutions, has received a letter from the Latvian State Police (VP) that Sensys Gatso and its partner Reck have been selected as winner of a tender for portable speed enforcement systems in Latvia. The value of the contract that can be the result of the award is not yet determined but estimated to be below 5 MSEK.

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)

Sensys Gatso Group AB, a global supplier of traffic safety solutions, has published the annual report for 2016 and it is now available at the company’s web site:
www.sensysgatso.com/investor-relations/financial-reports/annual-reports

The Board of Directors of Sensys Gatso Group has started a process to recruit a new CEO. Torbjörn Sandberg will remain in the role as CEO until a new CEO has been recruited.

The shareholders of Sensys Gatso Group AB (publ.) are hereby invited to the Annual General Meeting on Thursday 18 May 2017 at 3pm at Elite Stora Hotellet, Hotellplan, Jönköping, Sweden.

October – December 2016
- Net sales MSEK 104.0 (178.7)
- Order intake MSEK 66.6 (186.4)
- Operating profit MSEK -4.6 (21.4)
- EBITDA MSEK 5.8 (37.7)
- The profit after tax MSEK -0.2 (19.9)
- Comprehensive income 3.7 MSEK (14.6)
- Earnings per share, before and after dilution, SEK 0.00 (0.03)
- Cash flow from operating activities amounted to MSEK 38.9 (9.8)

January – December 2016
- Net sales MSEK 436.6 (397.8)
- Order intake MSEK 199.9 (292.4)
- Operating profit MSEK -23.2 (48.7)
- EBITDA MSEK 25.3 (75.5)
- The profit after tax MSEK -24.4 (40.9)
- Comprehensive income MSEK -0.7 (29.4)
- Earnings per share, before and after dilution, SEK -0.04 (0.07)
- Cash flow from operating activities amounted to MSEK 88.4 (37.7)

Numbers prior 1 August 2015 are for Sensys Traffic AB stand-alone.

Sensys Gatso Group (“Sensys Gatso), a global leader in traffic management solutions, has signed a contract amounting to SEK 25.6 million, corresponding to EUR 2.7 million, for the supply of traffic safety systems and Xilium back office software in Southern Europe until 2020.