Skellerup now expects first-half profit to be up about 18%

Thu, 03 Feb 2022

Skellerup has raised its earnings guidance again after a string of upgrades in its last financial year and is now saying its first-half net profit will be about 18% higher than in the same period a year earlier.At the annual shareholders' meeting in late October, the company said it expected first-half net profit would be more than 10% higher.Chair Liz Coutts said today that forecast had been based on strong demand continuing."This demand was sustained throughout the first half, particularly for our potable water, marine, roofing and c...

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