Sensys Gatso Group AB (OSTO:SGG)
kr 76 1.3 (1.74%) Market Cap: 876.31 Mil Enterprise Value: 934.37 Mil PE Ratio: 42.46 PB Ratio: 1.32 GF Score: 88/100

Q2 2023 Sensys Gatso Group AB Earnings Call Transcript

Aug 17, 2023 / 08:00AM GMT
Release Date Price: kr72.55 (+3.55%)
Operator

This call is being recorded. Welcome to the Sensys Gatso Q2 presentation for 2023. (Operator Instructions) Now I will hand the conference over to CEO, Ivo Mönnink, and CFO, Simon Mulder. Please go ahead.

Ivo MÃ;nnink
Sensys Gatso Group AB - CEO

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Good morning, everybody, and welcome to Sensys Gatso' presentation of the second quarter and first half of 2023. My name is Ivo Mönnink. I'm the CEO of Sensys Gatso and I will be presenting to you together with Simon Mulder, our CFO. In this market presentation, I will provide you with an update on our business for the second quarter and the first half of 2023. We then follow up with a financial update by Simon. And finally, I will finish this presentation with a summary and our outlook.

Let's now look at an update of our business. In this business update, I will take you through our order intake where we can report five new customers in our strategic US market; the development of our TRaaS business that grew by 18% and represents 65% of the total sales in this quarter; the onboarding of our

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