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TRAK Trakm8 Holdings Plc

9.25
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Trakm8 Holdings Plc LSE:TRAK London Ordinary Share GB00B0P1RP10 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.25 8.50 10.00 9.25 9.25 9.25 16,605 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Transportation Equipment,nec 20.2M -783k -0.0157 -5.89 4.62M

Trakm8 Holdings Earnings Rise; Wins Contracts -- Update

04/07/2016 8:10am

Dow Jones News


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(Rewrites, adds details of contract win.)

 

By Simon Zekaria

 

LONDON--Trakm8 Holdings PLC (TRAK.LN), a telematics and data provider, Monday reported a rise in earnings on higher revenue, and also won contracts.

Pretax profit jumped to GBP3 million ($4 million) in the fiscal year ended March 31 from GBP1.7 million in the year-earlier period.

Revenue rose 44% year-over-year to GBP25.7 million.

It proposed a maiden dividend per share of 2 pence.

For the outlook. it said it continues to have a strong order pipeline and increase in sales opportunities, without disclosing financial details.

Separately, the group said it won two contracts with insurer Allianz (ALV.XE). One of the deals is for a supply contract and the initial order is for 5,000 devices in China.

 
--Write to Simon Zekaria at simon.zekaria@wsj.com 
 

(END) Dow Jones Newswires

July 04, 2016 02:55 ET (06:55 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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