Analysts say Scales is bearing fruit

Scales reported first half underlying net profit attributable to shareholders of $49 million, up 72% year-on-year. (Image: Getty)

Rebecca Howard

Wed, 27 Aug 2025

Analysts remain upbeat on Scales after a solid first half result.Forsyth Barr analysts Matt Montgomerie and Ben Crozier said Scales had a "very strong" 1H25 result that was "well ahead of our expectations". "Beats were evident across the P&L – logistics, horticulture, global proteins and corporate costs."Earlier this week, Scales reported the first half underlying net profit attributable to shareholders of $49 million, up 72% year-on-year. Reported net profit was $57.6m, up 51%. Revenue came in...

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