Trakm8 Holdings plc (AIM: TRAK) – On the right road with this positive trading update
Trakm8, the telematics and data provider has announced a pleasing trading update for its financial year ended 31st March 2015.
Trakm8 provide fleet management solutions, engineering services and telematics hardware to a range of corporate fleets, small businesses and insurance companies. Their vehicle tracking and monitoring devices help to maximise operational efficiency, driver safety and fuel economy, thus are beneficial to companies with a large fleet of commercial vehicles. Trakm8 also sell to insurance companies, such as Direct Line and Churchill, who use the hardware and software to track vehicle safety and economy thus allowing them to provide enhanced customer propositions. The Group have a wide range of products which suit the needs of a variety of customers. Formed in…