Prelims are comfortably in line with the August trading update (EBITDA +4% ahead, adj dil EPS +3%), which already represented the second upgrade in a month for expectations for the July year end, with growth in Rail Technology & Services (RT&S) supported by a quicker than expected recovery in the COVID-hit Data, Analytics, Consultancy & Events (DACE) division. At group level, revenue grew +4.7%, including 7.7% organic, offset by expected pressure in DACE; while group EBITDA grew 24% vs FY20. Div ....
10 Nov 2021
Tracsis - Prelims: building up steam
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Tracsis - Prelims: building up steam
Tracsis plc (TRCS:LON) | 850 0 0.0% | Mkt Cap: 256.9m
- Published:
10 Nov 2021 -
Author:
Andrew Darley | Kimberley Carstens -
Pages:
19
Prelims are comfortably in line with the August trading update (EBITDA +4% ahead, adj dil EPS +3%), which already represented the second upgrade in a month for expectations for the July year end, with growth in Rail Technology & Services (RT&S) supported by a quicker than expected recovery in the COVID-hit Data, Analytics, Consultancy & Events (DACE) division. At group level, revenue grew +4.7%, including 7.7% organic, offset by expected pressure in DACE; while group EBITDA grew 24% vs FY20. Div ....