Sensys Gatso: Strong Growth in TRaaS and Improved Profitability

Research Note

2022-08-18

08:57

Redeye concludes that Q2 confirmed Sensys Gatso’s strong streak with good growth in TRaaS and continuously improving profitability. The most important part, Managed Services was stronger than expected, while Service & Maintenance and System Sales came in slightly below estimates. Also, the order intake was very strong. Redeye will only make small changes to its estimates. Redeye reiterates its valuation range.

JVK

Jesper Von Koch

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