Fleet management technology company Digicore Holdings expects to report a sharp increase in profit for the year to June.
The group says in a trading update issued late yesterday that "a reasonable degree of certainty exists" that earnings per share will be between 65% and 85% up on those of the previous year.
Headline earnings per share are expected to be 56% to 76% higher than the 12.2c of the 2004 financial year.
The group says the increase is partly the result of new vehicle sales across all sectors continuing to grow in many global markets.
The second reason for the growth is the high price of fuel worldwide.
It says this has encouraged a growing number of companies to implement the group`s C-track system to reduce operational costs by optimising vehicle usage and fleet productivity.
"These key drivers have resulted in SA`s unit sales increasing by 60% and overseas sales by 45% over the comparative period," it adds.
The results are expected to be published on or about 5 September.
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