Trading Statement

RNS Number : 9804B

Tracsis PLC

25 April 2012

 



Tracsis plc

("Tracsis" or the "Company")

Trading update

Tracsis, a developer, supplier and aggregator of resource optimisation, data capture and reporting technologies to the transport industries, is pleased to announce that as a result of continued strong trading across the Group, profits for the year ending 31 July 2012 are likely to exceed current analyst expectations. 

This further upgrade follows on from the Trading Update announced on 21 February 2012.

John McArthur, Chief Executive Officer commented

"Due to continued strong activity within our core markets the Group continues to trade above expectations.  UK rail refranchising activity has been brisk which has bolstered demand for both our consultancy and software offerings.  Our condition monitoring business continues to be well received by an industry which has endorsed the move to intelligent infrastructure technology in order to remove cost and improve performance.  Finally, our passenger analytics business is performing beyond expectations and this is primarily due to excellent client management and a sustained sales drive into new markets.  In summary, the outlook for year ending July 2012 is robust and full year end results should be ahead of current expectations."

For more information please contact:          

John McArthur, Tracsis plc	Tel: [phone]
Katy Mitchell, WH Ireland Limited	Tel: [phone]

 

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