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