Quartix, a leading supplier of telematics services to fleet and insurance markets, has delivered yet another year of revenue, profit and cash flow growth, beating even the raised expectations which followed January's positive post year-end trading update. Success is powered by continuing strong demand for ever-improving telematics services across Europe and the US, with notable success in the insurance market in H2. Group revenue saw 28% organic growth to £19.7m, and FD adj. EPS grew 27
01 Mar 2016
Excellent cash flow leads to dividend hike
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Excellent cash flow leads to dividend hike
Quartix Technologies PLC (QTX:LON) | 155 0 0.0% | Mkt Cap: 75.0m
- Published:
01 Mar 2016 -
Author:
Cavendish Research -
Pages:
16
Quartix, a leading supplier of telematics services to fleet and insurance markets, has delivered yet another year of revenue, profit and cash flow growth, beating even the raised expectations which followed January's positive post year-end trading update. Success is powered by continuing strong demand for ever-improving telematics services across Europe and the US, with notable success in the insurance market in H2. Group revenue saw 28% organic growth to £19.7m, and FD adj. EPS grew 27