1st Jul 2016 08:12
LONDON (Alliance News) - Vehicle-tracking systems supplier Quartix Holdings PLC on Friday said trading in the first half was in line with expectations.
"We continued to make progress in all markets, ending the period with 8,200 fleet customers and 79,000 vehicles under subscription. Insurance installations showed strong growth compared to the same period in 2015," said Managing Director Andy Walters.
"We continue to invest in marketing and development initiatives to drive further growth in our core fleet markets, and remain on track to meet profit expectations for 2016," he added.
Quartix shares were trading flat at 310.00 pence on Friday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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