Scales boosts profit forecast to $40m-$45m

This year's apple crop has been a bumper. (Image: Supplied)

Tue, 10 Jun 2025

Scales Corporation is expecting net profit of between $40 million and $45m.That’s up from a range of between $37m and $42m issued in April when it upped its stake in the United States’ petfood business, Shelby Foods.Managing director Andy Borland said the group had seen a strong first half of the year.“Our horticulture division, in particular, has seen very good growing conditions, which have resulted in apple export volumes in excess of expectations.”Westpac’s industry economist, Paul Clark, said recently in...

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