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Don’t panic – Westport stays positive in the face of market strains

The supplier’s joint ventures are providing little help in high growth markets, with its Chinese partner company reporting a 46.5% drop in fiscal year revenue. By Freddie Holmes

First quarter (Q1) 2016 numbers are in for natural gas (NG) engine specialist Westport, and management exudes confidence in spite of what looks on paper to be a poor performance.

Revenue for the quarter (ended 31 March 2016) fell 14.3% to US$24m, compared to US$28m last year. 

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