Acquisition strategy key approach for Tracsis
9th August 2012
TRACSIS, the transport data software firm, today said growth across the group would slow unless it makes acquisitions, a strategy seen as "pivotal" to its future success.
The Leeds-based business also confirmed that it expects to report results in line with analyst expectations for the year to the end of July.
This would see revenues exceed £8.5m and adjusted EBITDA reach £3m. Debt free, Tracsis has cash of £7.5m.
In a trading report this morning, Tracsis said it was confident of achieving fu......for the full story register now for free or login below...
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