Skellerup projects 2017 profit to rise as much as 7%, heightens focus on water and food safety

Wed, 26 Oct 2016

By Paul McBeth Oct. 26 (BusinessDesk) - Skellerup Holdings expects annual profit to rise as much as 7 percent, recovering from last year's decline, as the industrial rubber goods maker puts greater emphasis on potable water applications and food safety. The Auckland-based company forecasts net profit of between $20 million and $22 million in the year ending June 30, up from $20.5 million in 2016, it said in a statement ahead of today's annual meeting in Auckland. "Our focus on products and systems for potable water applications and f...

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