Losses widen at transport technology provider

Transport technology provider Tracsis has delivered a ‘disappointing’ first half performance but said it is confident of long-term demand for its data-driven solutions.

The Leeds-based company, which also announced a £3m share buyback programme, said revenue in the six months to 31 January slipped 1% to £36.3m, while pre-tax losses increased from £300,000 to £700,000.

Looking forward the group said it expects FY25 adjusted EBITDA to c... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...