PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: MiX Telematics

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

MiX Telematics Continues to Demonstrate Strong Financial Performance - MiX Telematics, a global provider of driver safety, vehicle tracking and fleet management solutions, continues to grow its business around the world as evidenced by strong performance in the first half of its 2012/13 financial year as announced yesterday
MiX Telematics Continues to Demonstrate Strong Financial Performance

 

NewswireToday - /newswire/ - Cape Town, South Africa, 2012/11/13 - MiX Telematics, a global provider of driver safety, vehicle tracking and fleet management solutions, continues to grow its business around the world as evidenced by strong performance in the first half of its 2012/13 financial year as announced yesterday . NYSE: MIXT; JSE: MIX

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Telecom/Wireless/VoIP/IPTV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!

World needs to know about google malpractices - Share your Adsense publishers stories on Google tactics to steal your revenues

 

Due to the extension of existing enterprise contracts as well as the addition of new mega fleets across various industries in various countries, MiX Telematics increased its revenue by 20.3% (to R564 million) and its operating profit by an impressive 60.8% (to R76 million) in comparison to the same period a year ago.

Through an SaaS delivery model and value added services, MiX Telematics helps customers worldwide to reduce their operating costs and risks, improve driver and passenger safety as well as customer service, and lower their carbon emissions.

“Our strategy for years now has been to leverage our profitable, cash-generative businesses into growing our global annuity base,” says Stefan Joselowitz, CEO of MiX Telematics. "We announced our intent when we listed five years ago and continue to demonstrate our commitment to this strategy year on year. Between April and September we increased our subscriber base by more than 40,000 vehicles, with significant growth coming from both our fleet and consumer telematics operations.”

Despite facing tough economic conditions in various parts of the world, MiX Telematics (mixtelematics.com) is proud to have increased revenue outside of South Africa by 29% (to R276 million). In South Africa and the UK, the company successfully extended contracts within two major key accounts, including Eskom and the Go-Ahead group. A contract with a large Oil & Gas producer in Eastern Europe was also secured, as were new major contracts with a mining company in Australasia and two large bus customers in Europe.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Telecom/Wireless/VoIP/IPTV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!

World needs to know about google malpractices - Share your Adsense publishers stories on Google tactics to steal your revenues

 

Written by / Agency / Source: MiX Telematics

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Telecom/Wireless/VoIP/IPTV articles,
CATCH Visitors via Your Competitors Announcements!


MiX Telematics Continues to Demonstrate Strong Financial Performance

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

MiX Telematics |
Publisher Contact: Press Office - MiXTelematics.com 
+9714 204 5650 info[.]mixtelematics.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any MiX Telematics securities in any jurisdiction including any other companies listed or named in this release.

Telecom/Wireless/VoIP/IPTV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From MiX Telematics / Company Profile


Read Telecom/Wireless/VoIP/IPTV Most Recent Related Newswires:

Monsan Chooses Dialogic PowerVille Visual IVR to Offer Advanced Customer Care Applications
Qualcomm, AT&T and CH2M Collaborate to Improve Water Management in Georgia’s Gwinnett County Department of Water Resources
Motorola Solutions Expands Managed & Support Services with Chile Acquisition
HCL Wins Everest Group Award for Life Sciences & Healthcare IT Services
Verizon Chooses Datamena for Middle East Expansion
HCL Announces Three Stage Internet of Things Maturity Framework
Grandstream Releases A New DECT HD Repeater for Beta Testing
Gartner Recognizes HCL as a Leader for Managed Workplace Services, North America and Europe
Affiliates of Siris Capital Complete Combination of Mitel Mobile with Xura and Ranzure Networks to Create the New Mavenir Systems
Motorola Solutions, Telstra and Ericsson Deliver World First, LTE Broadcast-enabled PTT Call on Telstra’s LTE Network
Qualcomm and Mercedes-AMG Petronas Motorsport Conduct Trials Utilizing 802.11ad Multi-gigabit Wi-Fi for Racecar Data Communications
AVST Helps Customers Future-Proof Their UC Investments
Qualcomm, Ericsson and NTT DOCOMO Announce Collaboration on 5G NR Trials to Accelerate Wide-scale 5G Deployments in Japan
Qualcomm eXtension Program Members Bring Amazon Alexa Wake Word Support for Bluetooth® Audio Devices
Viber Chooses Dialogic’s Cloud-Based SoftSwitch and SBC for its Voice Core Infrastructure

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)