Skellerup with strong start, forecasts growth for FY27

21/10/2026 12:00 NZDT, MKTUPDTEP

Speaking ahead of today’s Annual Shareholders’ Meeting (ASM), Chair John Strowger provided initial guidance for Skellerup’s FY27 year.

Strowger said, “FY27 has started well, with Q1 net profit after tax (NPAT) up 15% on the prior comparative period. Demand across most applications our products are used in remains strong, particularly for our Industrial Division. Whilst we are pleased with this start, we are cautious that continued geopolitical unrest and resultant cost increases may impact demand. Accordingly, we project FY27 NPAT to be in the range of $67 to $72 million. As always, our team are focused on servicing existing business well and executing on new product and market opportunities.”

Skellerup’s ASM will be held at Eden Park at 2.30 pm today, 21 October 2026.

For further information, please contact:

Graham Leaming

Chief Executive Officer

021 271 9206

Tim Runnalls

Chief Financial Officer

027 807 5080