EROAD signals lower FY16 results from accelerated US expansion

The board of directors of EROAD has determined that following a decision to accelerate investment in the US to expand more quickly into states beyond Oregon, reorganise its sales teams, and to bring forward the launch of new services for the International Fuel Tax Agreement (IFTA) and Electronic Hours of Service (HOS) markets, EROAD is unlikely to meet its FY16 forecast. Read more »
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