Element Fleet Management released its Q3/17 financial results, reporting core fleet management net revenue was C$655.5 million ($514.9 million) in the first nine months of the year, down 3.0% from C$675.9 million ($530.9 million) in the first nine months of 2016.
Other highlights from the earnings report included:
“Over the last two years, we have developed and launched the industry’s most advanced fleet management and analytics platform to support our fleet customers and help them navigate the revolution currently underway in the transportation and mobility sector,” said Bradley Nullmeyer, Element’s CEO. “Connected vehicle, sharing economy and autonomous vehicle technology are combining to create significant opportunities. We are well positioned to capitalize on each of these trends as we help our customers to drive operational efficiencies, safety improvements and lower their total cost of ownership.”
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