Scott Tech doubles down on product-led growth strategy

Interim CEO Aaron Vanwalleghem said that they expect North America to take off once the first key projects are completed. (Image: Scott Tech)

Ben Moore

Fri, 18 Oct 2024

Scott Technology's growth strategy is underpinned by investment in new facilities, products, and a push into the North American protein market.The industrial automation company’s results were reasonably consistent, with one-off costs weighing down net profit, which dropped from $7.7m in the August financial year, down from $15.4m the year prior.While $3.8m in costs were attributed to restructuring and a strategic review, $2.5m went to facilities expansion and equipment investment.Interim chief executive Aaron Vanwalleghem said th...

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