Transics publishes Q3 2013 trading results

Q3 2013 revenues of €13.2 million, up 5.2% year-on-year

During Q3 2013, Transics generated revenues of €13.2 million, up from €12.6 million in Q3 2012, representing a year-on-year revenue increase of 5.2%. Revenues reached €9.2 million in the core markets of the Benelux and France and, in our development markets, the revenues reached € 4 million. This compared to €8.7 million and €3.9 million in Q3 2012. Year-on-year, the revenues in the core countries increased by 5.4% and in the development countries by 4.8%.

Business highlights

Transics announced in September the launch of its new on-board computer, TX-SKY. TX-SKY complements the TX-MAX (GO) series and is fully integrated into Transics’ TX-CONNECT back office software. The concept of the new on-board computer revolves around a high-performance platform.

The outlook for 2013

The company is maintaining the guidance it gave in August and expects FY2013 revenues and EBITDA to remain in line with 2012 revenues and EBITDA.

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.