Transics publishes Q3 2012 trading results

Q3 2012 revenues of €12.6 million, stable compared to last year

During Q3 2012, Transics generated revenues of €12.6 million; this is stable compared to the same period last year.

In our core markets of the Benelux and France, turnover decreased by 8% year-on-year from €9.5 million to €8.7 million in Q3 2012 and revenues in our development markets grew 26% from €3.1 million to €3.9 million in Q3 2012.

The contribution of the CarrierWeb activities decreased from €1.6 million to €1.4 million year-on-year.

The outlook for 2012

The company is maintaining the guidance it gave in August and confirms its revenue forecast for FY2012 at the revenue level of 2011 of €48.7 million and expects EBITDA to be in line with the EBITDA of 2011 of €10 million. The company expects to maintain the results of 2011 thanks to the full year impact of the results of the acquired business of CarrierWeb, which were only consolidated for 6.5 months in the 2011 results.

Transics International NV, established in 1991, develops and commercialises fleet management solutions for the transport and logistics sector. Thanks to many years of experience, thorough R&D efforts and an intensive focus on the customer experience, Transics has become the leading European player in its sector. In addition to its headquarters in Ypres (Belgium), Transics is active throughout Europe. The company has been quoted on the stock exchange (Euronext Brussels) since June 2007.