Trading Update

RNS Number : 7675X

Tracsis PLC

21 February 2012

 



Tracsis plc

("Tracsis" or the "Company")

Contract win

Tracsis, a developer, supplier and aggregator of resource optimisation, data capture and reporting technologies to the transport industries, is pleased to announce that it has received a significant order for its datalogging and condition monitoring equipment. The order comes from an existing UK client and has a total value of £2.9M.

This order will be fulfilled over the next 12 months as per an agreed delivery schedule with the customer.

As a result of this win, and continued successful trading across the Group, the Company advises that its revenue and profit expectations for the year ending 31 July 2012 are expected to be ahead of current analyst expectations.

The Company anticipates publishing its interim results for the six months ending 31 January 2012 on or around 28 February 2012.

John McArthur, Chief Executive Officer commented "We are delighted to have won this further order, which is testament to the quality of the product we offer, and our excellent working relationship with our customers.  I would like to thank all staff at the recently acquired MPEC for their continued efforts and hard work."

For more information please contact:

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

 

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