3 September 2018 – interim results
The company has released encouraging interim results covering the period ended 30 June 2018. Revenue was £6.4m (2017: £5.6m) with 18% growth in Fleet Systems and 9% growth in Passenger Systems. Basic and diluted earnings per share were 0.37p (2017: loss of 0.28p), showing a strong turnaround in fortunes. Cash increased to £0.2m as at 30 June 2018 (2017: £0.1m). We continue to rate the shares as a BUY.