Startup investment for Tracsis as “significant progress” sees revenue hike

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John McArthur, chief executive of Tracsis

TRANSPORT software business Tracsis has reported revenues of £32m, up 26% on last year as it also announced investment in a startup.

The company said that it had made “significant progress” during the year with the integration of two acquisitions, £19.5m Ontrac and SEP – which had a record trading year.

During the year it also disposed of Tracsis Traffic Data, a non-core trading subsidiary in Australia.

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