I've heard,as we all have about the report commissioned by TFc, to the detriment of ITH, but the one shares mag recons that if the report is unfounded that TFc will "be swept aside" as itis will be able to provide information across the whole country, not just the 'A' roads and Motorways... i invite your comments

Good news on both counts sportbilly1976.

An excellent year and dividends to boot! A reward for those who have been in ITH for a long part of their journey:

Road traffic information and data firm ITIS Holdings reported a 361% leap in FY pretax profits to 9.45m. Numbers were boosted by the successful disposal of its NavTrak vehicle tracking business.

Adjusted FY pretax profit increased 140% to 3.9m on turnover that was 30.3% ahead at 18.79m, the company reported.

The company has proposed a maiden dividend of 1.5p a share.

CEO, Stuart Marks, said he was now targeting international growth. 'Whilst last year's revenues were almost entirely UK based, we are now expanding our business internationally and believe that we will start to see new revenue from these international activities to complement steady growth in the UK,' he said.

The current financial year has started well and the board remains confident about the company's future prospects, he added.