Scott Technology's revenue drops 14%

Industrial automation firm Scott Technology blames a fall in revenue on a “challenging economic landscape and subdued order intake”. (Image: Scott)

Riley Kennedy

Wed, 16 Apr 2025

A weak economic environment and slow order intake have resulted in Scott Technology’s revenue dropping 14% in the first half of its financial year.The industrial automation business had revenue of $122 million in the six months to the end of February 2025, down from $141m in the prior period.It blamed that drop on a “challenging economic landscape and subdued order intake” during the prior year.Forward work remained “robust” at $165m.Its operating earnings before interest tax, depreciation and amortisation (ebitda)...

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