News

TechMARK movers: Trafficmaster rallies

06 November 2008 13:06:00

Trafficmaster should continue to grow profitably this financial year in line with forecasts, said the satnav group today as it announced the purchase of Tri-Mex Group for up to £4.75m.

Revenues have increased in both the US and the UK during the first six months of the year and profits are in line with the firm's expectations.

Business Services has performed well in the first half, said the group, while the consumer services business has also made progress in partner programmes and traffic.

Tri-Mex's Eurowatch service is a pan-European service for stolen vehicle and cargo tracking covering 38 countries through an extensive network of national service providers.

Parity is on the rise again, having slumped Tuesday after the IT staffing group said it expects pre-tax profit before exceptionals will be lower than current market forecasts.
FTSE TechMARK - Risers
Parity Group (PTY) 12.00p +17.07%
Sinclair Pharma (SPH) 24.50p +12.64%
Trafficmaster (TFC) 12.75p +10.87%
GB Group (GBG) 25.25p +5.21%
Torotrak (TRK) 15.50p +3.33%
Elan Corporation (ELA) € 5.22 +3.26%
Morse (MOR) 17.50p +2.94%
Alphameric (ALM) 18.00p +2.86%
Optos (OPTS) 74.50p +2.76%
Oxford Instruments (OXIG) 195.00p +2.63%

FTSE TechMARK - Fallers
Indigo Vision (IND) 317.50p -18.59%
Innovation Group (TIG) 6.36p -11.67%
Vernalis (VER) 2.65p -10.17%
Phytopharm (PYM) 10.00p -9.09%
NXT (NTX) 5.50p -8.33%
Gresham Computing (GHT) 55.25p -7.14%
BATM Advanced (BVC) 36.50p -7.01%
Biocompatibles International (BII) 120.00p -5.14%
KCOM Group (KCOM) 15.25p -4.69%
Electronic Data Processing (EDP) 52.00p -3.70%

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