IN BRIEF: Tracsis lifts payout 10% as annual profit more than doubles
15th Nov 2023 12:37
Tracsis PLC - Leeds, England-based traffic and transportation data services - Reports big jump in annual profit thanks particularly to strong revenue growth in its Rail Technology & Services division. Pretax profit in the financial year that ended July 31 is GBP7.1 million, more than doubled from GBP2.6 million in financial 2022, as revenue rises by 19% to GBP82.0 million from GBP68.7 million. The rail arm's revenue rises by 26% to GBP37.9 million from GBP29.9 million, while revenue from the Data, Analytics, Consultancy & Events division is up 14% to GBP44.1 million from GBP38.8 million. Read More