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Wednesday 27 July 2016

Quartix (QTX.L) had another very good half says managing director Andy Walters: ProactiveInvestors Stocktube

Published on Jul 27, 2016
Vehicle tracker Quartix (QTX.L) had another very good half with the continuation of strong growth driven by both fleet management and insurance customers, chief executive Andy Walters highlighted in an interview with Proactive Investors.

Quartix now monitors nearly 80,000 vehicles under subscription, with numbers rising in its key markets like the UK, France and the United States.

And Walters expects these territories to remain central to the group’s growth, particularly the US.

“Obviously there’s a significant opportunity for growth in the US market and we continue to invest,” he said.

Quartix is ‘on track’ to hit full year targets, and Walters is particularly looking to see further growth in vehicle subscription numbers over the second half.

http://www.4-traders.com/QUARTIX-HOLDINGS-PLC-18464836/

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