Transport information and technology supplier EROAD is reporting overall growth of 6,477 total contracted units at the end of September 2016.
The total at March 2016 was 36,953, and now the total at Sept 2016 is 43,430 reports the listed company, reflecting a six month growth of 18%.
In the established market of Australia and New Zealand, EROAD says its total contracted unit figure grew 5,677 units from 32,452 in March 2016 to 38,129 in September 2016, reflecting a growth of 17%.
In the commercial market of the USA, EROAD says its total contracted figure grew 800 units from 4,501 in March 2016 to 5,301 in September 2016 reflecting a growth of 18%.
EROAD says the contracted unit figure is in line with expectations, and the established market of Australia and New Zealand is ahead of expectations but the commercial market of the USA is behind expectations.
EROAD is scheduling a preliminary half year result announcement for release on November 29.
