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Scott Technology’s record result leans on meat and mining

Henry Burrell
Fri, 22 Oct 2021

Scott Technology’s record result leans on meat and mining
Chief executive Scott Kippenberger praised the company's five year strategy. (Image: supplied)
Henry Burrell
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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