Brief: Sensys Gatso Signs 5-Year Procurement Contract Worth SEK 152 Mln

Sensys Gatso AB

12/06/2023 09:32

June 12 (Reuters) - Sensys Gatso Group AB  SENS.ST :
    * SENSYS GATSO SIGNED 5-YEAR PROCUREMENT CONTRACT IN MIDDLE
EAST
FOR SPEED AND RED LIGHT MONITORING SYSTEMS, WORTH SEK 152
MILLION
    * SENSYS GATSO GROUP HAS, THROUGH ITS THROUGH ITS SUBSIDIARY
SENSYS GATSO SWEDEN, SIGNED FIVE-YEAR PROCUREMENT AGREEMENT
WORTH SEK 152 MILLION
    * AGREEMENT IS SIGNED WITH LOCAL PARTNER IN MIDDLE EAST AND
COVERS
SYSTEMS FOR SPEED AND RED LIGHT MONITORING
    * FIRST DELIVERIES WORTH SEK 16 MILLION ARE PLANNED TO BE
CARRIED
OUT IN 2023
    * ANNUAL DELIVERIES DURING REMAINING FOUR YEARS OF CONTRACT
ARE
EXPECTED TO INCREASE, TO MEET CUSTOMER'S NEEDS BASED ON THIS
AGREEMENT

Source text for Eikon:  ID:nWkr7M1sqS 
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