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.

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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%.

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