Proactive Investors - Run By Investors For Investors

Telit communication PLC’s chief seeing “significant growth” in Asia

Oozi Cats, chief executive of Telit Communications PLC (LON:TCM), talks to Proactive after another “solid” set of results for the company.

The machine-to-machine (M2M) wireless communications specialist saw revenues rise 13.4% to US$333.5mln in 2015 from $294mln in 2014.

“Since our start just about 16 years ago, we are 11 years publicly traded and it’s pretty much been a straight line of growth since the beginning,” he says.

Cats highlights the “very significant growth in Asia” where the firm saw 70% growth in 2015, a return on the investment it made in 2012 and 2013, which is now starting to bear fruit, but add also notes that the company is seeing growth all over the world.

Meet Eco (Atlantic) Oil & Gas Ltd, Bushveld Minerals Limited, Ncondezi Energy and Hurricane Energy PLC at our event, London, 13 June 2016. Register here »
Why Invest In Telit Communications Plc? Read More Here

Register here to be notified of future Telit Communications Plc articles
View full TCM profile

Telit Communications Plc Timeline

May 23 2016
April 11 2016

© Proactive Investors 2016

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.