RDF 0.00% 95.8¢ redflex holdings limited

doubles installed base/new contract, page-3

  1. 2,038 Posts.
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    Splain, thanks for highlighting the key point in today;'s announcement - namely, that RDF has been able to achieve an average of 18 installations per month for the quarter. Once again, Traffic CEO Bruce Higgins has demonstrated his ability to beat targets consistently. The goal of 400 installations at year-end, which looked like a big ask at the end of June, is now certain to be exceeded.

    Not only does this success bring forward revenue, and improve profitability, it also widens the gap between RDF and their US competitors. In turn, this increases the pressure on major cities to go with the obvious market leader, even at a higher price.
 
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