Trakm8 Holdings PLC - over 100,000 units and growing
The telematics and data provider has announced that it has reached over 100,000 units reporting to its servers for the first time in the Group's history, since formation in 2001 – terrific news
This compares with 80,000 at the time of the interims in December and 60,000 at the time of the Finals, last July. During the current financial year Trakm8 is anticipated to manufacture and ship over 95,000 units which will be facilitated via its West Midlands factory, BOX Telematics acquired 18 months ago. In response to this achievement and rapidly increasing demand from insurance, fleet management and integrator customers, Trakm8 has made a £300,000 investment to extend the Group’s existing facilities at BOX. The investment into a new surface mount assembly line, which will be installed in the next few weeks,…