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.

Sensys Gatso Group, a global leader in traffic safety solutions, through its 40% joint venture share in Nationwide Traffic Management & Enforcement Ltd (NTMEL) in Ghana, has started issuing caution notices on 4 June 2024. Citation issuance is scheduled for 18 July 2024. NTMEL was awarded an 11 year contract by the Government of Ghana to Design, Build, Finance, Operate and Maintain a national road safety program at the end of December 2022. Total contract value for the joint venture over the term of the contract is estimated at SEK 800 million. Sensys Gatso’s shareholding in NTMEL gives the right to a 40% profit share.

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.

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

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.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, received a 5-year contract amendment from the City of Albany, New York, to extend their current red light camera program and provide for the addition of automated school zone speed enforcement. The total contract value amounts to USD 19.7 million, corresponding to SEK 197 million over the contract period.

January – March 2024
- Revenue MSEK 125 (113)
- Order intake and Procurement Awards MSEK 318 (90)
- Operating profit (EBITDA) MSEK 3.7 (1.5)
- Operating profit (EBIT) MSEK -6.9 (-8.6)
- Total Comprehensive income MSEK 25.0 (0.5)
- Earnings per share, before and after dilution (SEK) -0.45 (-1.21)
- Cash flow from operating activities MSEK 55.0 (-7.8)

Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the first quarter 2024 at 8.30 am CET on Friday April 26 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.

Tahakom, the Saudi Technology and Security Comprehensive Control Company, and Sensys Gatso Group, a global leader in traffic safety solutions, have signed a memorandum of understanding (MoU), focusing on Local Content and Sustainability in Saudi Arabia under Road Safety domain.

Sensys Gatso Group AB, a global supplier of traffic safety solutions, has published the annual report for 2023 and it is now available at the company’s web site: