Scott Technology’s record result leans on meat and mining

Chief executive Scott Kippenberger praised the company's five year strategy. (Image: supplied)

Fri, 22 Oct 2021

Robotics company Scott Technology says its positive year-end results are thanks to a refocused corporate strategy with strong mining and meat sector demand, echoing its April half year results. Net profit after tax for the year ended August 31 2021, was $9.5 million up from a $17.5m loss the year prior, and compares to a $8.6m profit in 2019.Revenue was up 15% to $216.2m, with earnings before interest, tax, depreciation, and amortisation resulting in a group high - $22.1m up on the pre-covid-19 performance.Chief executive John Kippenberger...

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