Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Netherlands, has now started deliveries under the procurement contract that was announced on 18 March 2022. Under this contract Sensys Gatso will supply, operate and support fixed systems for speed and red light enforcement in The Netherlands. The Dutch Public Prosecution Services (Openbaar Ministerie) will replace the existing automated traffic enforcement infrastructure before the end of 2024 with additional investments in systems during 2025. The Dutch government has budgeted a total project value of EUR 74 million. Sensys Gatso expects that 50% of the total project will be allotted to Sensys Gatso and therefore raises its revenue expectation from EUR 25 million to EUR 37 million or approximately SEK 400 million.

April – June 2023
- Net Sales MSEK 133 (124)
- Order intake *) MSEK 170 (240)
- Operating profit (EBITDA) MSEK 19.2 (17.7)
- Operating profit (EBIT) MSEK 5.6 (7.1)
- Total Comprehensive income MSEK 27.9 (27.5)
- Earnings per share, before and after dilution (SEK) 0.32 (0.01)
- Cash flow from operating activities MSEK -19.3 (30.8)

January – June 2023
- Net Sales MSEK 246 (238)
- Order intake *) MSEK 260 (323)
- Operating profit (EBITDA) MSEK 20.7 (33.3)
- Operating profit (EBIT) MSEK -3.0 (12.7)
- Total Comprehensive income MSEK 14.4 (39.8)
- Earnings per share, before and after dilution (SEK) 0.30 (0.02)
- Cash flow from operating activities MSEK -27.1 (89.8)
*) excluding Middle East procurement award of MSEK 152

Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the second quarter and first half-year 2023 at 8.30 am CET on Thursday August 17 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.

As previously announced, Sensys Gatso Group has carried out a directed share issue which has resulted in a change in the number of shares and votes in Sensys Gatso Group.

Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary Sensys Gatso Netherlands, has received an order for in-vehicle based traffic enforcement systems spare parts worth EUR 754 thousand, corresponding to SEK 8,7 million, from North Africa.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a seven-year base-term automated red light enforcement contract with the Township of Bensalem, PA. The contract is estimated to be worth up to $2.1 million (USD) corresponding to SEK 22 million. The program will include red light enforcement systems and is anticipated to begin in early fall.

Sensys Gatso Group has, in accordance with the authorisation from the Annual General Meeting on May 15, 2023, resolved on a directed share issue to Erik Penser Bank who acted as guarantor in connection with the reverse share split. Erik Penser Bank provided shares to the shareholders whose shareholding on the record date was not evenly divisible by 80. In total, Erik Penser Bank provided 8,152 shares. The Board of Directors has today resolved on a new issue of 8,152 shares in order to compensate Erik Penser Bank. The share issue has been carried out free of charge and an amount of SEK 32,608, corresponding the quota value per issued share, has been transferred from the unrestricted equity to the share capital.

As previously announced, Sensys Gatso Group has carried out a reverse share split and directed share issue which has resulted in a change in the number of shares and votes in Sensys Gatso Group.

Sensys Gatso Group, a global leader in traffic safety solutions, has signed a new facility agreement with Rabobank Netherlands for financing the US Growth plan. The facility agreement can be used for investments in the US on Fixed Assets in Operations. The facility will remain available until 31 December 2024. The withdrawals from the facility are converted into loans of SEK 25 million each with a repayment period of 5 years.

Sensys Gatso Group, a global leader in traffic safety solutions, executes on its commercial strategy and communicates the financial guidance for the full year 2023, and confirms the financial goals for 2025. Sensys Gatso is entering a new phase and now aims to attract additional international investors. The AGM resolved on the 1:80 reversed split as the first step. The financial guidance for 2023 is the second step. The Sensys Gatso consolidated shares will be traded under the new ticker SGG from June 15, 2023.