Scott Technologies in a 'sweet spot' says CEO Hopkins

Thu, 06 Apr 2017

By Rebecca Howard April 6 (BusinessDesk) - Scott Technologies posted a 48 percent jump in first-half profit and chief executive Chris Hopkins says a global drive for increased automation means the industrial robotics firm is in a "sweet spot". Net profit was $2.89 million in the six months ended Feb. 28 versus $1.95 million a year earlier, the Dunedin-based company said in a statement. Revenue was $56.7 million, up 32 percent on the year. Hopkins told BusinessDesk the increased revenue was on the back of increased demand across all in...

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