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Tracsis expects in line results

The transport software provider saw a particularly positive second half
Tracsis expects in line results

Tracsis’s (TRCS) shares were marked up by around 6 per cent on the back of a reassuring trading update. For the year to July 2019, the group – a software and hardware provider for the rail, traffic data and other transport industries – anticipates that revenues, cash profits and adjusted operating profits will be in line with market expectations. It cites such expectations as £46.7m, £10.4m and £9.6m, respectively.

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