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Hardware & electrical equipment

Quartix Holdings PLC trading in line

Trading in the first two months of 2016 has been in line to deliver management's full-year expectations

Quartix Holdings PLC (LON:QTX), the supplier of subscription-based vehicle tracking systems, said its new financial year has got off to a solid start.

Ahead of its annual general meeting today, the company released a statement that said trading for the two month period to 29 February 2016 had been in line to deliver management's expectations for the full year.

The company is forecast to make a pre-tax profit of around £6.7mln in 2016 on revenues of around £22.6mln.

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