Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso USA, has executed a five-year base-term automated traffic enforcement contract renewal with the Village of Lake Zurich, IL, USA. The renewal contract is estimated to be worth up to USD 2 million, corresponding to SEK 21 million. This contract includes an upgrade of the existing red light cameras to the newest technology.

Sensys Gatso Group, a global leader in traffic safety solutions, has chosen Kepler Cheuvreux to cover its independent research for investors. Kepler Cheuvreux will be the second analyst firm Sensys Gatso uses next to Carnegie Investment Bank AB, formerly known as Erik Penser Bank.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso USA, has executed a seven year base-term automated traffic enforcement contract renewal with the City of Muscatine, IA, USA. The renewal contract is estimated to be worth up to USD 1.6 million, corresponding to SEK 16 million.

Sensys Gatso Group, a global leader in traffic safety solutions, has been informed of a procurement award decision to its partner Destia Oy 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 systems, through its subsidiary, Sensys Gatso USA, has executed a new 8-year base-term automated enforcement contract with the City of Pawtucket, RI. The total contract value is estimated to be worth up to USD 13.6 million, corresponding to SEK 139 million, and replaces the initial 7 year contract, signed in December 2022, worth USD 12 million. The TRaaS contract with the city of Pawtucket is herewith extended by two years, and the total contract amount has grown by SEK 19 million, from SEK 120 million to SEK 139 million. The Pawtucket program is a combination of red light and school zone speed enforcement systems. The agreement also includes the opportunity to add systems to the program by mutual consent.

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 Grinnell, IA. The contract is estimated to be worth up to USD 1.44 million, corresponding to SEK 15 million. The program is anticipated to begin in the spring of 2024 with automated fixed speed enforcement systems and a mobile speed vehicle.

Sensys Gatso Group, a global leader in traffic safety solutions, has received a purchase order from its local partner in Croatia, Meditronik, for the delivery and maintenance of traffic-safety cameras to the Croatian MOI. The purchase order to Sensys Gatso has a value of EUR 1.2 million, corresponding to SEK 13.5 million.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Australia, has received an order to the value of AUD 3 million, corresponding to SEK 21 million to extend the TRaaS maintenance of existing systems until the end of 2024 from the Victorian Government.

July – September 2023
- Net Sales MSEK 157 (95)
- Order intake* MSEK 145 (53)
- Operating profit (EBITDA) MSEK 19.2 (6.4)
- Operating profit (EBIT) MSEK 8.3 (-4.2)
- Total Comprehensive income MSEK -2.0 (11.6)
- Earnings per share, before and after dilution (SEK) 0.69 (-0.01)
- Cash flow from operating activities MSEK 4.1 (29.0)

January – September 2023
- Net Sales MSEK 403 (333)
- Order intake* MSEK 405 (377)
- Operating profit (EBITDA) MSEK 39.9 (39.7)
- Operating profit (EBIT) MSEK 5.3 (8.6)
- Total Comprehensive income MSEK 12.5 (51.4)
- Earnings per share, before and after dilution (SEK) -0.20 (0.00)
- Cash flow from operating activities MSEK -22.9 (118.8)

*) excluding Middle East remaining procurement award of MSEK 136

Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the third quarter 2023 at 8.30 am CET on Thursday November 16 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.