12 February 2024 - trading update

The AIM-listed supplier of information systems to the transport industry and local authorities has issued a trading update covering the year to 31 December.  This has confirmed that results are likely to be in-line with expectations with full year revenues of £46m on the cards - the existing businesses have generated organic revenue growth of some 20% to £25m whilst the acquisitions during the year have generated £21m.  Adjusted pre-tax profit for the year is also expected to be in line with expectations at £3.9m as we suggested in our update in . . .

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