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21.05.25 - 07:54
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Sensys Gatso names Lewis H. Miller CEO to drive profitable growth (Cision)
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Sensys Gatso Group, a global leader in traffic safety solutions has appointed an experienced industry leader, Lewis H. Miller, as new CEO.
After a comprehensive international search, the Board of Directors of Sensys Gatso Group, a global leader in traffic safety solutions, has appointed Lewis H. Miller as the new Chief Executive Officer. Mr. Miller will assume the role as of June 16, 2025. The current CEO, Ivo Mönnink, will step down on the same day but remain available to support the transition until October 1st.
“We warmly welcome Lew Miller to Sensys Gatso. He brings over 20 years of...
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15.05.25 - 16:30
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Annual general meeting in Sensys Gatso Group AB (Cision)
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was held on 15 May 2025 in Jönköping.
Board of Directors
The annual general meeting discharged the members of the Board of Directors and the CEO from liability for the fiscal year 2024.
The annual general meeting resolved to re-elect Claes Ödman, Jochem Garritsen, Kerstin Sjöstrand, Pia Hofstedt, Francis Schmeer and Mark Talbot as members of the Board of Directors for the period until the end of the next annual general meeting. The annual general meeting elected Claes Ödman as Chairman of the Board of Directors.
Auditor
The annual general meeting resolved to re-elect BDO Mälardalen...
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17.04.25 - 09:01
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Invitation to Sensys Gatso′s presentation of the Interim Report for Q1 2025 (Cision)
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Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the first quarter 2025 at 8.30 am CET on Thursday April 24 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.
The presentation/audiocast can be joined online or via telephone and will be available on the company's webpage https://www.sensysgatso.com
If you wish to participate via webcast please use the link below.
https://sensys-gatso-group.events.inderes.com/q1-report-2025
If you...
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15.04.25 - 22:01
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Sensys Gatso Group publishes annual report for 2024 (Cision)
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Sensys Gatso Group AB, a global supplier of traffic safety solutions, has published the annual report for 2024 and it is now available at the company's web site:
https://www.sensysgatso.com/investors/investors/investors/financial-reports/2024/annual-report-2024
The printed version of the annual report will be distributed to shareholders and other stakeholders upon request.
This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact...
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15.04.25 - 16:42
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Notice to the Annual General Meeting of Sensys Gatso Group AB (Cision)
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The shareholders of Sensys Gatso Group AB (publ) reg no 556215-4459, (the “Company”) are hereby invited to the Annual General Meeting on Thursday 15 May 2025 at 15.00 (CEST) at the Company at Vasavägen 3c in Jönköping.
The Board of Directors has, in accordance with Chapter 7, Section 4a of the Swedish Companies Act and the articles of association of the Company, resolved that the shareholders shall also have the right to exercise their voting rights through postal voting ahead of the Meeting. Thus, shareholders may choose to exercise their vote at the Meeting through being present in...
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13.03.25 - 11:30
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Sensys Gatso extends the East Providence, Rhode Island TRaaS contract by five years, increasing the contract value by SEK 65 million (Cision)
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Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a new 5-year automated enforcement contract with the City of East Providence, RI. The total contract value is estimated to be worth up to USD 6.5 million, corresponding to SEK 65 million, and extends the initial contract, signed in December 2020. The TRaaS contract with the city of The East Providence program is a combination of red light and school zone speed enforcement systems. The agreement also includes the opportunity to add systems.
The Sensys Gatso PULS and Xilium...
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28.02.25 - 08:18
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Sensys Gatso Group CEO to step down; international search process underway (Cision)
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Sensys Gatso Group, a global leader in traffic safety solutions, announced today that Ivo Mönnink will step down as CEO by October 1st, 2025, and will support the onboarding of his successor to ensure a smooth transition. The Board has initiated a comprehensive international search process to identify Sensys Gatso's next CEO.
Ivo Mönnink began his tenure at Sensys Gatso Group AB in October 2017. After 8 years as CEO, Sensys Gatso and Ivo Mönnink concluded that it is time for a transition in leadership at Sensys Gatso.
Claes Ödman, Chairman of Sensys Gatso, is leading a Special Committee...
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31.01.25 - 10:24
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Sensys Gatso receives TRaaS contract for traffic safety in Hawthorn Woods, IL, worth SEK 12 million (Cision)
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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 enforcement contract with the Village of Hawthorn Woods, IL. The Village Board unanimously approved the ordinance approving the contract.
The contract is estimated to be worth up to $1.1 million (USD) corresponding to SEK 12 million. The program is anticipated to begin in late spring of 2025.
The proposed intersections will be submitted to the Lake County Department of Transportation for their review and approval. The...
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28.01.25 - 09:06
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Sensys Gatso announces that the development phase of the Swedish order of SEK 850 million is completed (Cision)
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Sensys Gatso Group, a global leader in traffic safety solutions, announces through its subsidiary, Sensys Gatso Sweden, that Sensys Gatso's new traffic safety system FLUX has been approved by the customer the Swedish Transport Administration (Trafikverket).
The rollout of this project can thus begin. The Swedish Transport Administration intends to replace existing cameras and, in parallel, expand the existing installed base.
Jörgen Andersson, Managing Director, Sensys Gatso Sweden, comments: “We are very happy that the Swedish Transport Administration (Trafikverket), after a solid and in-...
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24.01.25 - 09:08
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Sensys Gatso receives order for maintenance of in-vehicle systems in Saudi Arabia, worth SEK 27 million (Cision)
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Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Saudi Arabia, has received a TRaaS order from its customer Tahakom to the value of SEK 27 million, to provide maintenance and support services for the duration of 1 year on the in-vehicle systems that have been delivered since 2018.
This order is a direct result of the Memorandum of Understanding (MOU) that was signed last April between both parties. The MOU describes how Sensys Gatso will collaborate with Tahakom in multiple initiatives across Saudi Green initiative, Local Content and road...
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14.01.25 - 08:30
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Sensys Gatso Australia receives purchase order for the upgrade of traffic safety systems from the state of Victoria, worth SEK 12 million (Cision)
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Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Australia, has received an order to the value of AUD 1.7 million, corresponding to approximately SEK 12 million to upgrade existing enforcement sites from the Victorian Government.
On 11 December 2024, Sensys Gatso Australia communicated in a press release the signing of a contract for the maintenance & support of Automated Traffic Enforcement systems at selected intersection & highway sites in the State of Victoria. As disclosed the base contract (and any further extensions) incorporates the...
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02.01.25 - 13:36
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Sensys Gatso receives red light TRaaS contract with Bristol Township, PA, worth SEK 18 million (Cision)
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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 Bristol, Pennsylvania.
The contract is estimated to be worth up to $1.6 million (USD) corresponding to appr. SEK 18 million and is anticipated to begin in late spring of 2025.
“The bottom line is, if people didn't speed, we wouldn't be having this conversation”, said Bristol Council President Craig Bowen. “I'm not in for bureaucracy, but we have to do something with these red lights on...
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08.11.24 - 09:02
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Invitation to Sensys Gatso′s presentation of the Interim Report for Q3 2024 (Cision)
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Sensys Gatso Group, a global leader in traffic safety solutions, publishes the financial report for the third quarter 2024 at 8.30 am CET on Friday November 15 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.
The presentation/audiocast can be joined online or via telephone and will be available on the company's webpage https://www.sensysgatso.com
If you wish to participate via webcast please use the link below.
https://ir.financialhearings.com/sensys-gatso-group-q3-report-2024...
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07.11.24 - 12:49
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Sensys Gatso publishes bond prospectus and applies for admission to trading of bonds on Nasdaq Stockholm (Cision)
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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”).
Pursuant to the terms and conditions for the Bonds, the Company has undertaken to apply for admission to trading of the Bonds on the corporate bond list of Nasdaq Stockholm. For this purpose, the Company has prepared a listing prospectus, which today has been approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). The prospectus is available at the Company's website www.sensysgatso.com...
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09.10.24 - 13:07
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Implementation of new legislation in Iowa, USA (Cision)
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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...
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06.09.24 - 14:32
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Sensys Gatso successfully issues senior unsecured floating rate bonds of EUR 30 million to further accelerate growth (Cision)
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Sensys Gatso Group AB (publ), (the “Company”) has successfully raised EUR 30 million through the issuance of senior unsecured bonds with a four years tenor and a floating rate interest of Euribor 3 months + 4.75% per annum under a framework of EUR 60 million (the “Bonds” and the “Bond Issue”). The net proceeds from the Bond Issue will partly be applied to refinance existing debt and primarily towards general corporate purposes, including investments in working capital and fixed assets in operation to accelerate further growth of the Company. The Company will apply to have the Bonds admitted...
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30.08.24 - 07:31
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Sensys Gatso contemplates issuance of senior unsecured bonds (Cision)
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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.
Subject to, inter alia, market conditions, a capital markets transaction may follow. The net proceeds from the contemplated bond issue will partly be applied to refinance existing debt and primarily towards general corporate purposes,...
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