Excellent progress in both Fleet and – particularly – the Insurance market underpinned yet another strong H1 performance, and left Quartix on track to deliver impressive forecast sales and earnings growth in FY 2016. Cash generation has again been strong, and the group ends the period with £4.1m net cash, up from £3.0m at the year end, despite increasing the dividend payout. Management time has been focused on meeting the exceptional demand for telematics devices and s
27 Jul 2016
Another excellent H1 performance
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Another excellent H1 performance
Quartix Technologies PLC (QTX:LON) | 155 0 0.0% | Mkt Cap: 75.0m
- Published:
27 Jul 2016 -
Author:
Cavendish Research -
Pages:
8
Excellent progress in both Fleet and – particularly – the Insurance market underpinned yet another strong H1 performance, and left Quartix on track to deliver impressive forecast sales and earnings growth in FY 2016. Cash generation has again been strong, and the group ends the period with £4.1m net cash, up from £3.0m at the year end, despite increasing the dividend payout. Management time has been focused on meeting the exceptional demand for telematics devices and s