A strong interim period to January 2020 delivered the expected £26m revenue as reported in the February trading update, with a 31 January net cash balance also of £26m – EBITDA of £5.6m (post IFRS16), and adjusted PBT of £4.6m highlighting a strong performance. The Group has unchanged strategic ambitions – organic growth and M&A, both in evidence in Rail Technology & Services (RT&S) with 13% organic growth and the post period end acquisition of
02 Apr 2020
Tracsis - Interims “on track” with software focus
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Tracsis - Interims “on track” with software focus
Tracsis plc (TRCS:LON) | 820 -205 (-3.0%) | Mkt Cap: 247.8m
- Published:
02 Apr 2020 -
Author:
Andrew Darley | Cavendish Research -
Pages:
11
A strong interim period to January 2020 delivered the expected £26m revenue as reported in the February trading update, with a 31 January net cash balance also of £26m – EBITDA of £5.6m (post IFRS16), and adjusted PBT of £4.6m highlighting a strong performance. The Group has unchanged strategic ambitions – organic growth and M&A, both in evidence in Rail Technology & Services (RT&S) with 13% organic growth and the post period end acquisition of