Skellerup expects at least 10% lift in 1H net profit

Wed, 27 Oct 2021

Skellerup shares jumped as much as 5.1% after it said it expects first-half net profit will be more than 10% higher than in the same period last year.The company reported a $19.5 million net profit for the six months ended December 2020, up 61% on the previous first half, while the annual result was a record $40.2m and up 38%."Skellerup's global businesses have continued to outperform our already high expectations of them," chair Liz Coutts said ahead of the annual shareholders' meeting."Demand is strong across the greate...

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