Sensys Gatso

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27-01-2023

Sensys Gatso Netherlands receives a 3-year TRaaS Service and Maintenance contract in Latvia, worth SEK 10 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its Dutch subsidiary Sensys Gatso Netherlands, has signed a three-year contract with its Latvian partner. The contract is to provide Traffic-Enforcement-as-a-Service (TRaaS) Service and Maintenance on installed automated traffic enforcement systems. The total contract value is approximately EUR 955 thousand over the three year total contract period, corresponding to approximately SEK 10 million.

26-01-2023

Sensys Gatso receives five year TRaaS contract for traffic safety in Fort Dodge IA, valued at approximately SEK 12 million

Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary Sensys Gatso USA, has signed a five-year base-term automated speed enforcement contract with the City of Fort Dodge, Iowa. The city had previously contracted with another vendor. The contract is estimated to be worth up to $1.25 million USD, corresponding to SEK 12 million. The program is anticipated to begin in late spring of 2023.

23-12-2022

Sensys Gatso, through its 40% joint venture share in NTMEL, signs an 11 year TRaaS contract with the Government of Ghana estimated at SEK 800 million in revenues

Sensys Gatso Group, a global leader in traffic safety solutions, through its 40% joint venture share in Nationwide Traffic Management & Enforcement Ltd (NTMEL), has been awarded an 11 year contract by the Government of Ghana to Design, Build, Finance, Operate and Maintain a national road safety program. Revenue generation is expected to start in the second half of 2024. Program transfer is scheduled for the end of 2033. Total contract value for the joint venture over the term of the contract is estimated at SEK 800 million.

22-12-2022

Sensys Gatso receives a seven-year TRaaS contract valued at approximately SEK 120 million for red light and school-zone speed enforcement in Pawtucket, Rhode Island

Sensys Gatso Group, a global leader in traffic safety solutions, through its American subsidiary Sensys Gatso USA, has signed a new seven-year, Traffic-as-a-Service (TRaaS) contract extension with the City of Pawtucket, Rhode Island valued at approximately 12 million USD over the contract period, corresponding to SEK 120 million.

01-12-2022

Sensys Gatso receives TRaaS contract worth SEK 7.5 million for traffic safety in Marshalltown, IA; expands its footprint in the state

Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso USA, has executed a five-year base-term contract with the City of Marshalltown, IA. The contract follows a competitive RFP selection of Sensys Gatso for an automated speed enforcement program in the city. The contract is estimated to be worth up to $750,000 corresponding to SEK 7.5 million over the contract period. The program is anticipated to begin in early 2023.

28-11-2022

Sensys Gatso presents at Redeye Technology Day 2022

Sensys Gatso Group, a global leader in traffic safety systems, participates at Redeye Technology Day 2022 on November 30, 2022. CTO Pär Degerman will present at 15.10 and share the company’s latest technology development and the strategy going forward.

24-11-2022

Sensys Gatso Australia receives Project Orders for the extension of maintenance services for ANPR traffic safety systems from the state of New South Wales, worth SEK 26 million

Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary Sensys Gatso Australia, has received Project Orders for the extension of maintenance services of Automatic Number Plate Recognition (ANPR) systems with the New South Wales (NSW) Government, further to the Procurement Award announced in November 2021. The Project Orders extend the TRaaS maintenance of existing systems until the end of 2026 and are to the value of AUD 3.7 million, corresponding to SEK 26.3 million.

17-11-2022

Interim Report January - September 2022

July – September 2022
- Net Sales MSEK 95.4 (130.4)
- Order intake MSEK 53.4 (64.2)
- Operating profit (EBITDA) MSEK 6.4 (38.0)
- Operating profit (EBIT) MSEK -4.2 (28.2)
- Total Comprehensive income MSEK 11.6 (26.1)
- Earnings per share, before and after dilution (SEK) -0.01 (0.02)
- Cash flow from operating activities MSEK 29.0 (-0.2)

January – September 2022
- Net Sales MSEK 333.3 (334.3)
- Order intake MSEK 376.6 (172.9)
- Operating profit (EBITDA) MSEK 39.7 (46.0)
- Operating profit (EBIT) MSEK 8.6 (18.7)
- Total Comprehensive income MSEK 51.4 (24.1)
- Earnings per share, before and after dilution (SEK) 0.01 (0.02)
- Cash flow from operating activities MSEK 118.8 (-2.2)

16-11-2022

Nomination committee appointed for Annual General Meeting 2023

In accordance with the annual general meeting’s decision, the chairman of the board of directors has convened a nomination committee for the annual general meeting 2023.

16-11-2022

Sensys Gatso announces contract signed with the Swedish Transport Administration worth up to SEK 850 million

Sensys Gatso Group, a global leader in traffic safety systems, announces through its subsidiary Sensys Gatso Sweden, that a contract has been signed based on the procurement award from Trafikverket, the Swedish Transport Administration. The estimated contract value over a 12-year period is worth up to SEK 850 million, and Sensys Gatso expects to deliver traffic safety equipment and TRaaS services for approximately SEK 400 million in the first 6 years. For TRaaS service and maintenance, the contract can be extended by another five years after the six initial contract years and the six optional years.

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