Tracsis moves ahead on trading update

AIM-listed transport data firm Tracsis (LON:TRCS) watched its shares rise 3.37% to 816.60p (as of 15:30 GMT) as it said that group revenues for the six months ended 31st January were well ahead of the previous year. Management said that the rail technology arm performed well with involvement in major tenders promising future growth.

The traffic and data services arm is traditionally weighted toward the second half, but it performed ahead of expectations during the first six months.