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28 March, 2007 - 12:20 By Staff Reporter

Profits up to £5.83m at Trafficmaster

A 25 per cent jump in revenues for Cranfield-based Trafficmaster caused the company’s pre-tax profits to rocket to £5.83m for the full year compared to the £935k it reported last time.

The intelligent in-car services provider said that its its in-vehicle unit sales had doubled and that it had won numerous large contracts including its largest evere, to supply 45,000 units for a Norwich Union ‘Pay As You Drive’ scheme.

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