New Zealand's EROAD slips to near 4-month low on weak half-year earnings

Eroad

21/11/2025 02:28

** Shares of New Zealand's EROAD ERD.NZ fall as much as 3.3% to NZ$1.490, their lowest since July 31

** The tolling software provider posts a fall in adjusted EBIT to NZ$2.5 million ($1.40 million) for half year, compared with NZ$4.7 million in the prior corresponding period

** Adjusted revenue increased to NZ$99.1 million for HY vs NZ$95.9 million in the prior year

** ERD stock gains 31.9%, YTD

($1 = 1.7873 New Zealand dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))