Newsroom Pro

Wellington Drive affirms annual guidance after lifting 1st-qtr sales 33%

Wellington Drive Technologies reported first-quarter revenue growth of 33 percent but maintained its annual guidance, stating the outlook for the second half is unclear and potentially weaker.

The company, which began as a developer of energy-efficient motors and has since expanded into areas as diverse as the internet of things and retail food and beverage, said re

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS