Journeo Plc (GB:JNEO) has released an update.
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Journeo Plc’s subsidiary, MultiQ, has secured a contract to supply transport display hardware and support services to Grassfish AB in Sweden, guaranteeing an annual revenue of around £300,000, with potential for additional earnings. This partnership is expected to strengthen Journeo’s presence in the Scandinavian public transit market, as they provide technical services for approximately 3,000 vehicle displays operated by Skånetrafiken. The deal, representing a collaboration between Journeo’s Stockholm team and Vertiseit’s subsidiary Grassfish, marks a significant step towards long-term recurring income for Journeo.
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