Member Article

Leeds data firm Tracsis reports impressive growth

Leeds-based date firm Tracsis has reported healthy pretax profits of £4.2 million.

This was an increase of 62% from £2.6 million the previous year. Revenues increased 106% to £22.4 million (2013: £10.8 million)

John McArthur, Chief Executive Officer, commented: “Tracsis has delivered another excellent year of growth across all areas of our business whilst at the same time expanding our geographic footprint to new overseas markets and completing our sixth acquisition since IPO.

“We continue to benefit from transport markets that are experiencing record levels of government spending, steadily rising passenger numbers and regulatory change.

“This environment provides for good growth opportunities as we look to help solve the transportation problems of tomorrow.

“In the year ahead we intend to make further in-roads into overseas markets, most notably the US, whilst continuing to diversify our technology portfolio and UK offering through a combination of in-house development and further well placed acquisitions.”

This was posted in Bdaily's Members' News section by Clare Burnett .