Tracsis (GB:TRCS) has released an update.
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Tracsis PLC, a leading transport technology provider, has reported that the UK general election’s timing has caused a short-term dip in their Q4 financial period due to delayed projects and decreased new orders, affecting the Rail Technology, Transport Consultancy, and Traffic Data businesses. Despite this, the company remains confident in its long-term growth strategy and financial health, maintaining unchanged FY25 revenue and adjusted EBITDA expectations. Tracsis emphasizes strong market opportunities, particularly in North America, and intends to continue its progressive dividend policy.
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