ERoad first-quarter trading in line with expectations, US expansion weighs on Oregon plans

Thu, 06 Aug 2015

By Paul McBeth Aug. 7 (BusinessDesk) - ERoad, the electronic road user charges and transport services company, said first-quarter trading is in line with expectations, although its North American beachhead in Oregon is behind schedule as the firm starts expanding into other US states. Chief executive Steven Newman yesterday told shareholders in Auckland the company's profit was in line with expectations in the three months ended June 30, with costs on track and contracted units ahead of expectations, according to speech notes filed with t...

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