Interims from Trakm8 Holdings plc (TRAK.L), the global telematics and data insight provider, saw revenue down 3% to £8.3m with a reduction in Insurance & Automotive mostly offset by growth in Fleet & Optimisation. The continued slow recovery of Insurance capacity, coupled with customers running down existing stock, has impacted new device sales while the reduction in Insurance connections hit recurring revenue (-14% to £4.5m). The expanded and extended agreements with Iceland and Sainsbury’s hel ....
