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TRAK Trakm8 Holdings Plc

9.25
0.00 (0.00%)
26 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 0.00 07:43:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Transportation Equipment,nec 20.2M -783k -0.0157 -5.89 4.62M

Trakm8 Secures Fleet Tracking Contract from ScottishPower

03/05/2016 8:08am

Dow Jones News


Trakm8 (LSE:TRAK)
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LONDON--Trakm8 Holdings PLC (TRAK.LN), a telematics and data provider, said Tuesday that it secured an initial four year contract from utility company ScottishPower to supply fleet tracking and driver behavior solutions for 1,608 vehicles.

Under the contract, Trakm8 will provide hardware and data services and risk and vehicle service data analysis tools. The installation of hardware in vehicles will take place in the first half of the current year.

"This contract provides additional visibility for our expectations for the current financial year," Trakm8 Chairman John Watkins said.

ScottishPower is part of the Iberdrola S.A. (IBE.MC).

 

Write to Tapan Panchal at tapan.panchal@wsj.com

 

(END) Dow Jones Newswires

May 03, 2016 02:53 ET (06:53 GMT)

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

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