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Share Price: 800.00

Bid: 790.00

Ask: 810.00

Change: 5.00 (0.63%)

Spread: 20.00 (2.532%)

Open: 795.00

High: 800.00

Low: 795.00

Prev. Close: 795.00

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Tracsis Says Results Set To Come In Ahead Of Market Expectations

Wed, 12th Aug 2015 07:29

LONDON (Alliance News) - Tracsis PLC on Wednesday said its results for the full year are set to be ahead year-on-year and will beat market forecasts.

The company, which provides software and technology to the transportation industry, said its revenue for the year will be around GBP25.0 million, up from GBP22.4 million a year earlier, while adjusted pretax profit will be "comfortably" ahead of market forecasts at GBp5.5 million.

The company will publish its results for the year to the end of July in late October or early November, it said.

Tracsis shares were up 5.9% to 466.00 pence on Wednesday morning, one of the best performers in the AIM All-Share.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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Tracsis Says Results Set To Come In Ahead Of Market Expectations

UK SMALLCAP ROUNDUP: GW Pharmaceuticals Wins Sativex Approval

UK SMALLCAP ROUNDUP: Small Cap Fundraising Gets EU Boost

UK SMALLCAP ROUNDUP: Staffline's Earnings To Top Expectations

Coalition cause revenue delays at Tracsis

Tracsis Wins 3-Year Contract But Warns Of 2010 Revenue Delay

Small caps round-up: Baobab Resources, Idatech, Bango...

Small caps round-up: Filtronic, EMED, Coe Group ...

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