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 (TRCS)