Company Profile

Scales Corporation

Scales Corporation is a diversified agribusiness with a group of horticulture, logistics and food ingredient companies. The company is a large exporter of apples, sending almost 6 million tray carton equivalents overseas in 2019.

Through subsidiary brands, Scales processes and markets petfood ingredients and juice products to NZ, Australian and US markets.

The company has been listed on the NZX since 2014 and has been run by managing director, Andrew Borland since 2011.


Announcements
Title Date Type
Annual Shareholders' Meeting Fri, May 06 2022 08:34 am GENERAL
Ongoing Disclosure Notice - Multiple Tue, May 03 2022 12:07 pm SHINTR
Final Dividend - 2021 Financial Year Thu, Apr 28 2022 08:53 am CORPACT
Ongoing Disclosure Notices - Multiple Fri, Apr 08 2022 10:42 am SHINTR
Capital Change Notice Thu, Apr 07 2022 09:36 am SECISSUE
2021 Annual Report Tue, Mar 29 2022 08:45 am ANNREP
Annual Shareholders' Meeting and Director Nomination dates Thu, Mar 24 2022 09:34 am MEETING
2021 Annual Results announcement Thu, Feb 24 2022 08:31 am FLLYR
2021 Annual Results - announcement date Thu, Jan 27 2022 09:00 am GENERAL
Appointment of Director Wed, Dec 15 2021 10:53 am ADMIN
Directors and Executives
Andy Borland
Executive Director
Tim Goodacre
Independent Chairman
Nick Harris
Independent Non-Executive Director
Mark Hutton
Independent Non-Executive Director
Alan Isaac
Independent Non-Executive Director
Steve Kennelly
Chief Financial Officer
Xin Qi
Non-Executive Director
Geoff Smith
Chief Operating Officer
Nadine Tunley
Independent Non-Executive Director
Company Details
Registered Office: 52 Cashel Street, Christchurch Central, Christchurch 8013
Postal Address: PO Box 1590, Christchurch 8140
Telephone: +64 3 379 7720
Facsimile: +64 3 379 7720
Website: www.scalescorporation.co.nz
First Listed: 25/07/2014
Balance Date: 31 December
AGM: 08/06/2022
Major Holdings Announcements
Date Name No. Held % Current
17/09/21 Jarden Securities Limited and Harbo 15,084,439 9.59 10.59
25/03/20 Salt Funds Management Limited 6,888,952 5.01 4.87
09/05/19 Harbour Asset Management Limited 11,821,854 8.24 8.36
15/06/18 Jarden Partners Limited. 13,197,589 8.24 9.37
29/03/16 Direct Capital Investment Limited 3,723,978 18.05 2.66
29/03/16 Guardians of New Zealand Superannua - 18.05 -
29/03/16 China Resources Ng Fung Limited 21,500,000 15.38 15.38
23/03/16 Westpac Banking Corporation 6,720,354 5.49 4.81
Director’s Interests Announcements
Date Name No. Held % Details Other
08/04/22 Andrew James Borland 861,410 - - -
08/04/22 Stephen Brent Kennelly 153,179 - - -
15/03/19 Kent Robert Ritchie 280,060 - - -
Analysts’ Forecasts
profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 35.5 37.5 25.1 20.0 512.3 48.4 70.6
high 35.7 37.5 25.2 21.0 512.3 48.4 73.2
low 35.2 37.5 24.9 19.0 512.3 48.4 68.0
sample 2 1 2 2 1 1 2
Disclaimer
Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 07/04/2022
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