UK's Tracsis rises as FY annual results seen in line with market expectations
BUZZ-UK's Tracsis rises as FY annual results seen in line with market expectations ** Shares of UK-based transport tech co Tracsis TRCS.L up 2.3% at 327.5p
** TRCS expects FY26 adj EBITDA to be about £13.5 mln ($18.42 mln), in line with market expectations of £13.2 mln to £13.9 mln and up from £12.6 mln a year earlier
** Co expects FY group rev to be £85.5 mln vs £81.9 mln last year
** Adds, in both cases, forecast includes full-year contribution from Events business that was sold on July 31
** As of last close, stock up ~9.75% YTD
($1 = 0.7329 pounds)
(Reporting by Ankita Bora in Bengaluru)