Further upbeat Trading Statement
Tracsis, a leading provider of operational planning software and consultancy services to the rail industry, is pleased to announce that as a consequence of the recent acquisition of MPEC Technology Limited (“MPEC”) together with buoyant trading in the final quarter, the enlarged group should deliver full year revenues and profits that are ahead of expectations for the year ending 31 July 2011, incorporating approximately £450,000 of revenue from MPEC since completion of the acquisition on 1 June 2011.
In addition, the directors are confident of the trading prospects in the next financial year ending 31 July 2012 with the current forward sales pipeline and order book, including new orders for MPEC, being valued in excess of £2.2m with the expectation of significant further orders being placed.
