Tracsis tracking big contract win

Tracsis, which helps transport companies organise their schedules and count passengers, is lifting its revenue and profit guidance after a big contract win.

The contract is worth £2.9m and has been agreed with an existing client.

Without disclosing figures Tracsis says key financial metrics will be ahead of analysts' expectations for the 12 months to the end of July.

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Interim results will be published at the end of February.

Tracsis's Chief Executive, John McArthur, said he was "delighted" with the new order, as well he might be: the stock had jumped 9% by 11:16. Over the past 12 months Tracsis shares have risen 59%.

BS