The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTracsis Share News (TRCS)

Share Price Information for Tracsis (TRCS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 930.00
Bid: 920.00
Ask: 940.00
Change: 0.00 (0.00%)
Spread: 20.00 (2.174%)
Open: 930.00
High: 930.00
Low: 902.00
Prev. Close: 930.00
TRCS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS SUMMARY: Tracsis declares dividend; Esken trims guidance

Wed, 09th Nov 2022 15:05

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

----------

Tracsis PLC- Leeds-based traffic and transportation data services firm - Pretax profit in the financial year that ended July 31 falls 43% to GBP2.6 million from GBP4.6 million a year prior. Revenue jumps to GBP68.7 million from GBP50.2 million. The company says drop in profit reflects increase in fair value of contingent consideration following strong underlying trading performance by 2019 acquisition Bellvedi, as well as transaction costs associated with acquisitions. Tracsis says it is well positioned to deliver further revenue growth in the coming year. Declares a total dividend of 2.0 pence, versus no dividend last year.

----------

Esken Ltd - London-based aviation services and renewable energy company - Pretax loss for the six months that ended August 31 widens to GBP12.7 million from GBP12.5 million a year prior. Total revenue increases by 13% to GBP58.1 million from GBP51.7 million. Based on these results, Esken revises its annual guidance for earnings before interest, tax, depreciation and amortisation to GBP22 million, tightened from previous guidance for Ebitda in excess of that figure.

----------

Smiths News PLC - Swindon, England-based newspaper and magazine wholesaler - Pretax profit in the financial year that ended August 27 falls 8.8% to GBP27.9 million from GBP30.6 million a year prior. Revenue falls by 1.8% to GBP1.09 billion from GBP1.11 billion. The company reduces bank net debt to GBP14.2 million. Says it performed ahead of market expectations by focusing on cost efficiency. Hikes full-year dividend to 4.15p, up from 1.65p a year ago. Chief Executive Officer Jonathan Bunting says: "Despite clear and obvious pressures in the wider economy we have maintained our focus, delivering results ahead of expectations...The increased dividend is in line with our goal of meeting the interests of all stakeholders and reflects our confidence in our markets and the determined capability of our people."

----------

Gelion PLC - Sydney-based battery cell developer - Pretax loss in the financial year that ended June 30 balloons to GBP9.2 million from GBP1.8 million a year prior. Income grows to GBP1.7 million from GBP1.6 million. Research and development costs widen to GBP3.0 million from GBP1.9 million, while listing and associated costs rise to GBP4.7 million versus none a year ago. John Wood was appointed as CEO and starts on November 21, replacing Hannah McCaughey, who held the role on an interim basis. Chair Steve Mahon says: "Gelion's first year as a PLC was one of strategic evolution, one in which the group has accelerated the delivery of its battery technology, underpinned by the recent first industrial production of Gelion's zinc-bromide battery." Gelion listed on AIM in November last year.

----------

Atalaya Mining PLC - Cyprus-based copper producer - Swings to pretax loss in three months ended September 30 of EUR7.2 million from EUR38.2 million a year prior. Revenue in the third quarter drops to EUR82.3 million from EUR107.2 million. The company says lower revenue was the result of lower copper prices, as well as lower copper concentrate volumes sold in the year-to-date. Expects costs to moderate in the fourth quarter and looks forward to 2023, when it will benefit from a new long-term power purchase agreement and the start-up of the 50-megawatt solar plant. Full year copper production guidance remains at 52,000 to 54,000 tonnes.

----------

Wynnstay Properties PLC - Powys, Wales-based agricultural supplies company - Pretax profit for the six months that ended September 29 narrows to GBP587,000 from GBP650,000 a year prior. Net property income marginally decreases to GBP800,000 from GBP839,000. The company says its rental portfolio was fully let at the end of the half-year, consistent with its past record of high occupancy and low voids. Declares increased interim dividend of 9.0p per share, up from 8.5p the previous year. Chair Philip Collins says: "We continue to monitor the portfolio and will work closely with our tenants in these extremely challenging times."

----------

By Holly Beveridge; hollybeveridge@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
24 Aug 2022 12:10

LONDON MARKET MIDDAY: Wait-and-see mode ahead of Jackson Hole

(Alliance News) - London stocks moved lower on Wednesday amid a dearth of corporate news and economic data to trade off, leaving investors bracing for remarks from the head of the US central bank at this week's annual Jackson Hole meeting.

Read more
24 Aug 2022 10:13

Tracsis shares rise as it expects earnings ahead of expectations

(Alliance News) - Tracsis PLC shares rose on Wednesday after the company said it expects full-year earnings ahead of expectations and strong revenue growth.

Read more
24 Aug 2022 09:04

Tracsis lifts earnings expectations after solid year

(Sharecast News) - Transport software, hardware and data analytics provider Tracsis said in a trading update on Wednesday that it now expected full-year revenue to have increased to £69m, from £50.2m year-on-year.

Read more
7 Apr 2022 18:09

EARNINGS UPDATES: Attraqt widens annual loss; Chaarat swings to profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
31 Mar 2022 15:10

UK earnings, trading statements calendar - next 7 days

Friday 1 April 
HydrogenOne Capital Growth PLCFull Year Results
Renew Holdings PLCTrading Statement
Medica Group PLCFull Year Results
Monday 4 April 
CentralNic Group PLCFull Year Results
Elixirr International PLCFull Year Results
Xpediator PLCFull Year Results
Tuesday 5 April 
DP Eurasia NVFull Year Results
Homeserve PLCTrading Statement
Moonpig Group PLCTrading Statement
Next Fifteen Communications Group PLCFull Year Results
Quixant PLCFull Year Results
SourceBio International PLCFull Year Results
Wednesday 6 April  
Applied Graphene Materials PLCHalf Year Results
Gresham House Energy Storage Fund PLCFull Year Results
Hilton Food Group PLCFull Year Results
Hyve Group PLCTrading Statement
Topps Tiles PLCTrading Statement
Wentworth Resources PLCFull Year Results
Thursday 7 April 
Alpha Financial Markets Consulting PLCTrading Statement
Attraqt Group PLCFull Year Results
Entain PLCQ1 Results
Robert Walters PLCQ1 Results
Tracsis PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
14 Mar 2022 12:03

Tracsis buys US rail technology firm RailComm

(Sharecast News) - Rail, traffic data and transport technology company Tracsis announced the acquisition of North American rail software and service provider RailComm on Monday, for an initial $11.5m (£8.8m).

Read more
14 Mar 2022 12:00

Tracsis buys US rail technology firm RailComm for USD11.5 million

(Alliance News) - Tracsis PLC on Monday said it bought the US-based rail technology and services provider RailComm LLC for USD11.5 million, to expand its rail software footprint and the addressable markets for its products and services.

Read more
23 Feb 2022 19:06

TRADING UPDATES: IPF swings to profit; Seraphine lowers outlook

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
11 Jan 2022 14:59

CORRECT: UK shareholder meetings calendar - next 7 days

CORRECT: UK shareholder meetings calendar - next 7 days

Read more
11 Jan 2022 14:46

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
10 Nov 2021 15:44

Tracsis annual earnings hike driven by rail technology arm

Tracsis annual earnings hike driven by rail technology arm

Read more
3 Nov 2021 19:31

IN BRIEF: Tracsis completes Icon Group acquisition

IN BRIEF: Tracsis completes Icon Group acquisition

Read more
3 Nov 2021 16:03

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
29 Sep 2021 14:43

EXECUTIVE CHANGES: Fintel chair exits after 6 mos; Sanderson hires CFO

EXECUTIVE CHANGES: Fintel chair exits after 6 mos; Sanderson hires CFO

Read more
25 Aug 2021 13:42

IN BRIEF: Tracsis annual revenue steady after end-of-year recovery

IN BRIEF: Tracsis annual revenue steady after end-of-year recovery

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.