Skellerup sees annual earnings lift of up to 21 percent in 2014 on gains in industrial rubber unit

Wed, 30 Oct 2013

By Paul McBeth Oct. 30 (BusinessDesk) - Skellerup Holdings, the industrial rubber goods manufacturer, expects annual profit to rise as much as 21 percent in the 2014 financial year with its industrial division tipped to make a bigger contribution. The Auckland-based company forecasts net profit of between $21 million and $23 million in the 12 months ending June 30, 2014, and up from $19 million in the 2013 year, according to presentation slides accompanying chief executive David Mair’s speech to shareholders at today’s annual meeting publis...

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