Eroad lifts sales growth in second quarter

Thu, 04 Oct 2018

By Paul McBeth Oct. 5 (BusinessDesk) - Eroad's sales growth accelerated in the second quarter, buoyed by the mandated adoption of the new technology in North America. Total contracted units rose 5.5 percent to 86,240 in the three months ended Sept. 30, up from 59,538 units a year earlier. Of that, the number of vehicle logging units in its established Australasian market rose 4.6 percent to 65,285, while those in its growing US market climbed 8.4 percent to 20,995. First-quarter sales rose at a 5 percent pace, with 4 percent growth in...

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