StockMarketWire.com - Vehicle tracking systems supplier Quartix Holdings said it expected to 'at least' meet market expectations for its full-year earnings and cash flow.

First-half revenue, adjusted Ebitda and free cash flow, for the six months through June, were expected to come in at around £12.6m, £3.5m and £3.0m, respectively.

'This has been delivered alongside a continuation of the increase in investment in sales and marketing activity which commenced during the last financial period,' the company said.

'As a result, management's expectations for the full year are that revenue will now be at least £25m and that adjusted Ebitda and free cash flow will at least meet market expectations* for the year.'


At 8:16am: [LON:QTX] Quartix Holdings Plc share price was +22p at 277p



Story provided by StockMarketWire.com