('Tracsis', 'the Company' or 'the Group')
Audited results for the year ended 31 July 2018
Tracsis plc (AIM: TRCS), a leading provider of software and services for the traffic data and transportation industry, is pleased to announce its audited results for the year ended 31 July 2018.
Strategic and Operational Highlights:
Post period end Highlights:
John McArthur, Chief Executive Officer, commented:
"The last 12 months has been another great year for Tracsis on multiple fronts, with strong organic growth and financial performance coupled with progress in improving our operations, building our senior team and further investment in our technology and product base. This was capped off by an exciting acquisition in a related transport sector which we feel is poised for significant growth in the near term. The traffic and transport markets are undergoing well publicised and rapid change and I am confident Tracsis is well positioned to meet the challenges and opportunities this brings."
* Calculation unchanged from previous years and in line with broker forecasts and research coverage on Tracsis. Full definition and reconciliation in Note 6.
Tracsis plc | Tel: 0845 125 9162
John McArthur, CEO
Max Cawthra, CFO
finnCap Ltd | Tel: 020 7220 0500
Christopher Raggett/Scott Mathieson, Corporate Finance
Andrew Burdis, Corporate Broking