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.
Read moreSensys 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.
Read moreSensys 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.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso Sweden, has signed a five-year procurement agreement worth SEK 152 Million. The agreement is signed with a local partner in the Middle East region and covers speed and red-light enforcement systems. First deliveries worth SEK 16 Million are planned to be executed within 2023. Annual deliveries for the remaining four years of the agreement are expected to increase, to fulfil the needs of the customer based on this agreement.
Read moreAt the annual general meeting of Sensys Gatso Group AB (publ) ("Sensys Gatso" or the "Company") on May 15th, 2023, it was decided to carry out a consolidation of shares at a ratio of 1:80, meaning that eighty (80) shares will be consolidated into one (1) new share. The meeting authorized the Board of Directors to determine the record date for the consolidation. In accordance with the decision of the annual general meeting, the Board of Directors of Sensys Gatso has determined that the record date shall be June 16th, 2023. The Company will also change its ticker symbol in connection with the consolidation of shares from SENS to SGG.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Australia, has received multiple orders for the provision of additional Speed Enforcement and Distracted Driver Enforcement services as part of the Automated Traffic Offence Enforcement (ATOE) Program in the State of Tasmania. The orders are for a 2 year period and the combined contract value is AUD 3.6 million corresponding to approximately SEK 26 million.
Read moreSensys 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 Warrington, PA. The contract is estimated to be worth up to USD 2.4 million, corresponding to SEK 26 million. The program will include red light enforcement systems and is anticipated to begin in early fall.
Read moreSensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso USA, has executed a five-year base-term automated school zone speed enforcement contract with the City of Marion through a competitive bid process. The contract is estimated to be worth up to USD 4.1 million, corresponding to SEK 44 million. The program will include fixed red light and speed on green systems, as well as a mobile speed vehicle. The program is anticipated to begin in late June.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso Sweden, has received an order for red-light traffic safety systems with a value of SEK 5.4 million from the emirate of Ajman in the United Arab Emirates.
Read moreAnnual general meeting in Sensys Gatso Group AB was held on 15 May 2023 in Jönköping.
Read moreJanuary – March 2023 - Net Sales MSEK 113 (113) - Order intake MSEK 90 (84) - Operating profit (EBITDA) MSEK 1.5 (15.7) - Operating profit (EBIT) MSEK -8.6 (5.6) - Total Comprehensive income MSEK -13.5 (12.3) - Earnings per share, before and after dilution (SEK) -0.02 (0.01) - Cash flow from operating activities MSEK -7.8 (59.0) January – December 2023 - Net Sales MSEK 113 (495) - Order intake MSEK 90 (1.456) - Operating profit (EBITDA) MSEK 1.5 (73.3) - Operating profit (EBIT) MSEK -8.6 (30.8) - Total Comprehensive income MSEK -13.5 (59.3) - Earnings per share, before and after dilution (SEK) -0.02 (0.02) - Cash flow from operating activities MSEK -7.8 (125.6)
Read moreSensys 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 Webster City, IA. The contract is estimated to be worth up to USD 720,000 corresponding to SEK 7 million. The program is anticipated to begin in the summer of 2023 with automated fixed speed systems along two highways in the city.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the first quarter 2023 at 8.30 am CET on Wednesday 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.
Read moreSensys Gatso Group AB, a global supplier of traffic safety solutions, has published the annual report for 2022 and it is now available at the company’s web site:
Read moreThe Nomination Committée of Sensys Gatso Group, a global leader in traffic safety solutions, submits the following proposals for resolution at the Annual General Meeting of shareholders on May 15, 2023, with regard to the number and election of members of the Board of Directors.
Read moreThe shareholders of Sensys Gatso Group AB (publ) reg no 556215-4459, (the “Company”) are hereby invited to the Annual General Meeting on Monday 15 May 2023 at 10.00 (CET) at the Company at Vasavägen 3c in Jönköping.
Read moreThe Board of Directors of Sensys Gatso Group, a global leader in traffic safety solutions, intends to propose an 80:1 reverse share split to the Annual General Meeting 2023. As we continue to expand our global business, Sensys Gatso is entering a new phase and now aims to attract additional international investors. The Notice to the AGM will be distributed shortly.
Read moreSensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso Sweden, has received an order for the supply and support of traffic enforcement systems from its Thailand partner Vision One Co., Ltd to be used by the Royal Highway Police. The order has a value of SEK 5.6 million.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso LATAM, has received a new order for the supply and support of traffic enforcement systems from its partner to be implemented in the municipalities of Balzar, La Concordia, Salinas and San Vicente, Ecuador. The order has a value of approximately SEK 7.4 million. This is the third order for Sensys Gatso in Ecuador, in the strategic LATAM Region, after the two previous projects in 2022.
Read moreSensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has received a seven-year base-term automated school zone speed enforcement contract from the City of Parma Heights. The contract is estimated to be worth up to USD 1,3 million, corresponding to SEK 13 million. The program is anticipated to contribute to revenue in 2023.
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