Fleet News

Profits up

NAVIGATION provider Trafficmaster has launched operating profit of £6.3m, up from £1m a year before, on revenue up 25% to £52.8m for the 12 months to December 31.

Trafficmaster said its in-vehicle unit sales had doubled and it had won a number of large contracts, including 45,000 units for Norwich Union’s pay-as-you-drive scheme.

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