Vehicle tracking supplier Quartix announced positive sales growth in 2012, while its new unit installation rate has risen to more than 3,000 a month, excluding upgrades and renewals.
Sales were up 24% to £8.3m and are expected to grow by at least 50% in 2013, following a number of significant contract wins. New unit installations are forecasted to reach 5,000 per month by mid-year.
Quartix added 1,400 new fleet customers during the year Both the private and public sectors chose the Quartix system, including Worcester City Council, Alton Towers, Days Contract Hire, and Greater Manchester Police.
A highlight of the year was the winning of a contract from LOCOG for 650 tracking systems used in courtesy cars for visiting officials and dignitaries during the Games.
Andy Kirk, Sales & Marketing Director at Quartix, said: “Operating profit increased by 60% to £2.9m in 2012, making us one of the most financially stable companies in the tracking sector.”