Eroad expects slower pace of growth

Fri, 19 Jun 2020

Truck tracking technology company Eroad expects a slower growth rate in the 2021 financial year as economic uncertainty makes potential customers more cautious about their investment decisions. Businesses are positioning themselves for a global downturn as the world experiences rapid change from the covid-19 pandemic, the company noted in its annual report today This growing uncertainty was resulting in longer lead-times on sales as customers grappled with new conditions. “We are living in unprecedented times, and a great many things h...

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