Eroad still seeing solid growth, expects more from Australia, US

Thu, 23 Jan 2020

Eroad reported double-digit annualised unit growth as more vehicles use its electronic distance recorders and tracking devices but it’s still not satisfied with the performance in the US and Australia.The Auckland-based company said it added 4,123 units in the three months ended Dec. 31, and has added 22,888 units in the financial year-to-date, giving it annualised growth of 25 percent. It currently has 113,219 contracted units across its three markets of the US, New Zealand and Australia, with one more quarter left in the March financial year....

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