Skellerup Holdings Limited Analysis

Overview

Founded more than 100 years ago, Skellerup maintains its headquarters in New Zealand, with operations in North America, Asia, Europe, Australia and New Zealand.

Skellerup designs, manufactures and sells engineered polymer products and vacuum systems for customers in dairy rubberware, water and related infrastructure, roofing, plumbing, automotive, mining, sporting, health and a range of other applications.

Performance

The following information was extracted from Skellerup Holdings Limited's Full Year results, released on 21 August 2025:

Broad-based revenue growth underpinned a record year for Skellerup, generating earnings before interest and tax (EBIT) of $78.0 million, a seven per cent increase over the prior year.

Highlights for the year ending 30 June 2025

· Revenue of $353.5 million, up 7% on the prior comparative period (pcp)

· EBIT of $78.0 million – a record result, up 7% on the pcp

o Industrial Division’s EBIT of $48.4 million – a record result, up 3% on the pcp

o Agri Division’s EBIT of $35.3 million – a record result, up 15% on the pcp

· Net profit after tax (NPAT) of $54.5 million – a record result, up 9% on the pcp

· Operating cash flow of $66.5 million, down 6% on the pcp due to working capital investment

· Net debt of $12.4 million, down 19% on the pcp

· Final dividend of 16.5 cents per share (cps) (50% imputed), bringing the total FY25 dividend to 25.5 cps (50% imputed) for the full year, up 6% on the pcp