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

  • France orders more speed enforcement from Sensys Gatso
    February 24, 2016
    Sensys Gatso Group has received an additional order for in-vehicle speed enforcement systems valued at €700,000 (US$768,500) from France. The order is a continuation of the project that Sensys Gatso Group started in 2013 and is scheduled to be delivered during the second quarter 2016. According to Sensys Gatso, the use of in-vehicle systems has proven to be a very effective way to reduce road casualties.
    Read More
  • Study finds big differences in toll collection cases
    December 16, 2013
    Examination of Norway’s tolling companies finds much to praise, and some criticisms too, as Torill Eidsheim told delegates at the ASECAP conference. The cost of collecting tolls has a substantial effect on the profitability, or otherwise, of tolling companies and is within the company’s control to a far greater degree than, for instance, traffic volumes. And while it is easy to assume that all tolling companies incur similar collection costs, that is not always the case according to Torill Eidsheim, pres
    Read More
  • Successful Bio-DME field tests point to a cleaner transport system
    June 4, 2012
    Volvo Trucks has announced it is running successful field tests with vehicles powered by bio-DME, a fuel that can be produced cost- and energy-efficiently from biomass. Since last autumn, ten specially adapted Volvo trucks have been operating on Swedish roads using the fuel which reduces carbon emissions by 95 per cent compared with conventional diesel. The field tests have now reached the halfway point and the results so far have both met, and exceeded, expectations.
    Read More
  • State of the art ITS technology for Doha tunnel management system
    January 31, 2012
    Husam Musharbash, Traffic Tech Group, talks about tunnel management system implementation on the new route between Doha and the soon-to-open New Doha International Airport. The new Ras Abu Aboud Tunnel in Qatar, which opened to traffic in January of this year, will serve the New Doha International Airport once the latter opens in 2011.
    Read More

Highlighted Content