Sensys Gatso

Our press releases

Keep yourself up to date

1 2 3 ... 36 Next
15-11-2024

Interim Report Q3 2024 (January - September)

July – September 2024
- Revenue MSEK 141 (157)
- Order intake and Procurement Awards MSEK 95 (145)
- Operating profit (EBITDA) MSEK 12.0 (19.2)
- Operating profit (EBIT) MSEK 1.1 (8.3 )
- Total Comprehensive income MSEK -18.5 (-2.0)
- Earnings per share, before and after dilution (SEK) -0.71 (0.69)
- Cash flow from operating activities MSEK 8.9 (4.1)

January – September 2024
- Revenue MSEK 433 (403)
- Order intake and Procurement Awards MSEK 831 (541)
- Operating profit (EBITDA) MSEK 40.3 (39.9)
- Operating profit (EBIT) MSEK 7.8 (5.3)
- Total Comprehensive income MSEK 4.7 (12.5)
- Earnings per share, before and after dilution (SEK) -0.33 (-0.20)
- Cash flow from operating activities MSEK 19.7 (-22.9)

07-11-2024

Sensys Gatso publishes bond prospectus and applies for admission to trading of bonds on Nasdaq Stockholm

On 13 September 2024, Sensys Gatso Group AB (publ), (the “Company”) issued senior unsecured floating rate bonds of EUR 30 million under a framework of EUR 60 million (the “Bonds”).

09-10-2024

Implementation of new legislation in Iowa, USA

Sensys Gatso Group, a global leader in traffic safety solutions, announces that, as part of new automated traffic enforcement legislation in Iowa, each location where automated speed enforcement was already being used, had to receive a permit through the Iowa Department of Transportation (IaDOT). The IaDOT released its decisions on submitted permit applications for automated speed enforcement systems. Sensys Gatso is currently investigating the financial impact. As the outcome of our customers' appeals could have an impact on this analysis, we cannot yet evaluate the potential effect of the implementation of the new legislation.

30-08-2024

Sensys Gatso contemplates issuance of senior unsecured bonds

Sensys Gatso Group AB (publ), (the “Company”) has mandated Carnegie Investment Bank as arranger and bookrunner to arrange a series of fixed income investor meetings commencing on September 2, 2024, to explore the possibility to issue new senior unsecured callable floating rate bonds in an expected amount of EUR 30,000,000 and with a tenor of four years.

23-08-2024

Half year Report January - June 2024

April – June 2024
- Revenue MSEK 167 (133)
- Order intake and Procurement Awards MSEK 418 (306)
- Operating profit (EBITDA) MSEK 24.6 (19.2)
- Operating profit (EBIT) MSEK 13.6 (5.6)
- Total Comprehensive income MSEK 3.5 (27.9)
- Earnings per share, before and after dilution (SEK) 0.83 (0.32)
- Cash flow from operating activities MSEK -44.1 (-19.3)

January – June 2024
- Revenue MSEK 292 (246)
- Order intake and Procurement Awards MSEK 736 (396)
- Operating profit (EBITDA) MSEK 28.3 (20.7)
- Operating profit (EBIT) MSEK 6.7 (-3.0)
- Total Comprehensive income MSEK 23.2 (14.4)
- Earnings per share, before and after dilution (SEK) 0.38 (-0.89)
- Cash flow from operating activities MSEK 10.9 (-27.1)

*Share data are recalculated based on the 80:1 reversed share split.

19-07-2024

Sensys Gatso receives red light TRaaS contract worth SEK 25 million with Montgomery Township, PA

Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso USA, has executed a seven-year base-term automated red light enforcement contract with the Township of Montgomery, PA. The contract, which is estimated to be worth up to $2.4 million (USD) was the result of a competitive vendor selection process. The program will include red light enforcement systems. The program is anticipated to begin in late fall.

14-06-2024

Sensys Gatso has been selected as a vendor to deliver Average Speed Enforcement in the Netherlands, with an estimated revenue of SEK 84 million

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Netherlands, has been selected as one of four vendors for a procurement contract to supply, operate and support section control systems for average speed enforcement on highways in The Netherlands. Sensys Gatso expects to receive its fair share. The contract value for Sensys Gatso is approximately EUR 8 million or SEK 84 million over the minimum contract period of 6 years. The recurring TRaaS revenue, relating to Service, Maintenance and Operations of the section control systems, is estimated at SEK 48 million, or 57% of the total contract value. The remaining part of SEK 36 million, is System Sales revenue. The investment by the Dutch Public Prosecution Services authority is aiming to replace the existing automated traffic enforcement infrastructure.

22-05-2024

Sensys Gatso receives TRaaS contract renewal for automated traffic safety in Libertyville, IL, worth SEK 5.5 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 traffic enforcement contract renewal with the Village of Libertyville, IL. The renewal contract is estimated to be worth up to USD 512,000, corresponding to SEK 5.5 million.

08-05-2024

Annual general meeting in Sensys Gatso Group AB

Annual general meeting in Sensys Gatso Group AB was held on 8 May 2024 in Jönköping.

06-05-2024

Sensys Gatso receives first TRaaS contract in Connecticut with the Town of Stratford, worth SEK 73 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 red light and speed enforcement contract with the Town of Stratford. The contract was awarded through a competitive bid process.

1 2 3 ... 36 Next