Tracsis gains after trading statement

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Tracsis gains after trading statement

AIM-listed transport data firm Tracsis (LON:TRCS) sawits share price surge 11.74% to 642.50p (as of 13:50 BST) after providing a trading update for the year ended 31st July. Group revenues are expected to be slightly down on last year with the negative impact from COVID being less bad than initially feared. Adjusted profits and EBITDA will both also fall relative to the prior period.

Full results will be released in November and management hopes to be in a position to provide guidance for 2021 at that time despite the uncertainties currently in the market.

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