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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.
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