skip to main content

A strategy focused on growth and margin improvement

Our strategy is based around four pillars. In executing this strategy we will increasingly focus on delivering scalable SaaS-native application software platforms

1. Core market growth

  • Deepen engagement with core transport customers by expanding SaaS solutions, cross-selling and embedding Tracsis platforms into end-to-end operations

  • Capture rail digitalisation including smart ticketing, timetable optimisation, crew and rolling stock scheduling, safety platforms and predictive analytics

2. Technology investment

  • Consolidate product portfolio into modular SaaS-native platforms to enable faster, lower cost deployment, especially into international markets

  • Execute market-led product roadmaps supported by a common software architecture to accelerate new product development and commercialisation

3. Extend market opportunity

  • Expand geographically, leveraging UK leadership and reputation to scale in North America and select other countries where Tracsis has a clear product-market fit and strong line of sight to success

  • Enter adjacent transport technology markets in smart infrastructure, multi-modal travel and digital ticketing

  • Expand in high growth markets with demand for smart mobility and digital infrastructure

4. Inorganic growth

  • Accelerate growth through disciplined M&A to build out the technology stack and address attractive transport market applications in the UK and internationally, supplementing organic growth

Supported by capital allocation to deliver long-term shareholder value

The Group’s cash balance, robust fundamentals and healthy cash generation position it well to continue to invest in growth. We will allocate capital in line with our growth strategy, with a clear focus on growing high margin recurring revenues:

1. Organic growth

  • Capex and working capital to support operational deliver

  • Product development to consolidate our portfolio into modular application software platforms and to access international market

  • Investment in our people

2. M&A

  • Disciplined criteria focused on recurring revenue growth, earnings accretion and cash generation

  • Acquisitions integrated into the Group’s global delivery model

  • Portfolio discipline to focus on core activities

3. Returns to shareholders

  • Maintain progressive dividend