Skellerup raises earnings guidance again

Mon, 19 Apr 2021

Skellerup has raised its earnings guidance again, this time by as much as 18%, because of better-than-expected performance of both its industrial and dairy consumable products.The company now expects net profit for the year ending June to come in between $37 million and $39m. That's up from its February guidance of $33m and $37m and from its guidance in October last year of $30m-to-$35m. Even $30m would be a record result, bettering the $29.1m it earned in the year ended June 2020.Chief executive David Mair said all businesses have con...

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