Scientific excellence
An acquirer of companies in the scientific instruments sector has reported yet more impressive results. There is no doubting the quality of returns but are the shares fully valued? (Free to read)
Quartix: encouraging Quartix Technologies (AIM:QTX), one of Europe's leading suppliers of vehicle telematics services and driver analytics, reported that the strong growth in new installations in January and February has continued into March. The total for the first quarter is anticipated to represent an increase of around 25% compared with the same period in 2021, with the increase in annualised recurring revenue significantly ahead of the growth rate in the first quarter of 2021, up £0.7m. While it’s still early days, management considers that trading for the first three months of 2022 is consistent with meeting market expectations for the…