One to Watch14 Aug 2009 11:20
Not heavily traded as yet, but worth some DYOR.
Tracsis, which reported improved pre-tax profits of £249,000 (2008: £95,000) at the interim stage in April, has also assured followers that it delivered ‘substantial growth in both profits and revenue, both organically and through acquisition’ in the year to July.
Recession is putting extra pressure on its transport industry clients to deliver a better service while reducing inefficiencies and costs, playing into the hands of Tracsis, whose August 2008 acquisition, the consultancy services business RWA Rail, has been successfully integrated.