Wellington Drive upgrades revenue forecast but costs restrict profit outlook
Internet of things company expects "around breakeven" pre-tax profit result for the 2021 year.
NBR Staff Wed, 28 Apr 2021
Refrigeration technology supplier Wellington Drive Technologies is predicting record revenue for the full year after a strong first quarter, although cost and supply chain pressures are dampening the profit outlook.
In a statement to the NZX, the company said its earnings before interest and tax
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
