Robust growth for Sensys

Orders from the Swedish Transport Administration (STA -Trafikverket) have contributed to Sensys Traffic’s net sales in the second quarter of 2014, which rose by 127 per cent. This robust growth was primarily fuelled by speed measurement system deliveries to the Swedish automatic safety control (ATC) stations. The orders, for monitoring systems, roadside cabinets and spare parts for speed enforcement enabled the company to deliver an operating profit of US$970,000. The company’s gross margin for the quart
August 21, 2014 Read time: 2 mins

Orders from the Swedish Transport Administration (STA -6301 Trafikverket) have contributed to 569 Sensys Traffic’s net sales in the second quarter of 2014, which rose by 127 per cent.

This robust growth was primarily fuelled by speed measurement system deliveries to the Swedish automatic safety control (ATC) stations. The orders, for monitoring systems, roadside cabinets and spare parts for speed enforcement enabled the company to deliver an operating profit of US$970,000. The company’s gross margin for the quarter was affected negatively by costs relating to the structuring of its service and maintenance organisation in Sweden, but the new operation produced a positive cash flow during the second quarter.

According to Johan Frilund, Sensys Traffic CEO, the Swedish project is a significant reference project in Sensys’ international marketing. He says, “Sensys’ ability and capacity to supply large volume projects is reflected in the fact that we have succeeded in keeping to a challenging deployment plan for systems for the Swedish ATC stations. We have delivered at a faster pace than planned and we have already exceeded the agreed minimum order value of US$15.9 million. In addition to the installation and commissioning of exchange systems, we also¬ maintain existing ATC stations.”

He feels the international traffic safety market is showing positive development. The company is continuing to market to new and existing customers both in the Middle East and the US, as well as in Europe and Asia.

Sensys has also received orders for the railway market; the Finnish Transport Agency placed a new order worth US$1.3 million in the second quarter of the year for additional systems for pantographs on trains (APMS). Sensys’ strategy is to build confidence via initial pilot tests and they believe that this order has a positive impact on the level of orders in the countries in which it operate.

“Our strategy of focusing on long-term volume markets remains in place. We have competitive products, good customer¬ relationships and a stable financial situation, all of which stand us in good stead for the future,” says Frilund.

Enforcement

For more information on companies in this article

Related Content

  • Gauteng to review e-tolls
    June 30, 2014
    The Gauteng Provincial Government (GPG) in South Africa is to set up a panel to review the impact of e-tolls and invite new proposals on how it can find a lasting solution. Premier David Makhura announced the move during his State of the Province Address, saying the GPG will work with national government, municipalities and all sectors of society on the issue. “While we shall not promise easy solutions and claim easy victories, we must make it clear that we cannot close our eyes to cries of sectors of
    Read More
  • Iteris reports continued strength in transportation sector
    August 13, 2015
    Iteris has reported continued growth in its transportation business and increasing momentum in the precision agriculture sector for the fiscal first quarter for year ending 31 March 2016. Revenues for roadway sensors increased ten per cent year on year to US$9.9 million, while total revenues in the first quarter of 2016 increased to US$18.4 million compared to US$18.1 million in the same quarter a year ago. This was primarily driven by a 10 per cent increase in roadway sensors sales, while transportatio
    Read More
  • Sensys Gatso wins UK enforcement orders
    August 5, 2015
    The newly-formed Sensys Gatso Group has announced orders for traffic safety systems worth US$918,000 from organisations in the UK The orders come from various partnerships and cities in the UK and are expected to be delivered before the end of 2015. These organisations are currently in the process of replacing wet film speed and red light systems to the latest Home Office Type Approved (HOTA) systems. The orders are mainly for new systems, plus upgrades of existing wet film speed and red light systems to
    Read More
  • Monitoring and transparency preserve enforcement's reputation
    July 30, 2012
    What can be done to preserve automated enforcement's reputation in the face of media and public criticism? Here, system manufacturers and suppliers talk about what they think are the most appropriate business models. Recent events in Italy only served to once again to push automated enforcement into the media spotlight. At the heart of the matter were the numerous alleged instances of local authorities and their contract suppliers of enforcement services colluding to illegally shorten amber signal phase tim
    Read More

Highlighted Content