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The Markets
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The Markets
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Hardware & electrical equipment

Quartix in the driving seat as it gives an upbeat assessment of prospects

In a short trading statement, investors were told “trading to date has been good and consistent with achieving market expectations for the year as a whole”.

Quartix Holdings plc (LON:QTX), the vehicle tracking specialist, gave an upbeat assessment of prospects.

In a short trading statement, investors were told “trading to date has been good and consistent with achieving market expectations for the year as a whole”.

Managing director Andy Walters said the company ended the half with 8,200 fleet customers and 79,000 vehicles under subscription.

“Insurance installations showed strong growth compared to the same period in 2015,” he added.

“We continue to invest in marketing and development initiatives to drive further growth in our core fleet markets, and remain on track to meet profit expectations for 2016."

The company will publish its interims on July 27.

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