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.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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
-
-
Pension withdrawals on the rise, HMRC data reveals
Pension withdrawal data has led to some raising concerns over savers ‘raiding’ their pensions unsustainably.
-
ONS: UK economy recovered from pandemic faster than previously thought
Revisions from the ONS showed the UK economy has grown since the pandemic, while the latest data showed GDP grew in the second quarter of 2023.
