'Despite additional costs associated with mitigating supply chain challenges and expected significant component price increases, the Board remains confident that for FY2022, the Group will be slightly ahead of current market expectations on all profit measures. It is expected that this will be achieved on lower than previously expected revenues of c£18m due to softening of the telematics insurance market.' In light of these Company comments, our current profit forecasts look very conservative. E ....

16 Nov 2021
Trakm8* - Snap reaction: Solid H1 results, scope for FY upgrades

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Trakm8* - Snap reaction: Solid H1 results, scope for FY upgrades
Trakm8 Holdings PLC (TRAK:LON) | 17.5 0 0.0% | Mkt Cap: 8.75m
- Published:
16 Nov 2021 -
Author:
Alex DeGroote | Manjot Heer -
Pages:
5 -
'Despite additional costs associated with mitigating supply chain challenges and expected significant component price increases, the Board remains confident that for FY2022, the Group will be slightly ahead of current market expectations on all profit measures. It is expected that this will be achieved on lower than previously expected revenues of c£18m due to softening of the telematics insurance market.' In light of these Company comments, our current profit forecasts look very conservative. E ....