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.

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: 10/06/2025

Directors and Executives

Tony Batterton

Independent Non-Executive Director

Andy Borland

Executive Director

Miranda Burdon

Independent Non-Executive Director

Brett Frankel

General Manager

Nick Harris

Independent Non-Executive Director

Alan Isaac

Independent Non-Executive Director

Steve Kennelly

Chief Financial Officer

Michael Petersen

Chair

Geoff Smith

Chief Operating Officer

Nadine Tunley

General Manager

Announcements

Title	Date	Type
Scales increases ownership of Australian Joint Ventures	Tue, Sep 30 2025 08:30 am	TRANSACT
SPH Notice - FirstCape Group Limited	Wed, Sep 17 2025 04:37 pm	SHINTR
2025 Interim Results announcement	Mon, Aug 25 2025 08:30 am	HALFYR
SPH Notice - Accident Compensation Corporation (ACC)	Wed, Aug 13 2025 03:35 pm	SHINTR
2025 Interim Results - announcement date	Wed, Aug 06 2025 12:07 pm	GENERAL
SPH Notice - Accident Compensation Corporation (ACC)	Thu, Jul 03 2025 01:46 pm	SHINTR
Ongoing Disclosure Notice - Kent Ritchie	Wed, Jun 25 2025 01:53 pm	SHINTR
Ongoing Disclosure Notice - Kent Ritchie	Wed, Jun 18 2025 02:18 pm	SHINTR
SPH Notice - FirstCape Group Limited	Mon, Jun 16 2025 04:41 pm	SHINTR
Results of the 2025 Annual Shareholders' Meeting	Wed, Jun 11 2025 08:30 am	MEETING

Major Holdings Announcements

Date	Name	No. Held	%	Current
13/08/25	Accident Compensation Corporation	7,349,849	-	5.10
16/06/25	FirstCape Group Limited	21,743,143	10.99	15.10
25/10/24	China Resources Enterprise, Limited	-	14.83	-
25/10/24	Craigs Investment Partners Ltd	4,597,398	17.45	3.20
12/06/24	Harbour Asset Management Limited	10,689,245	8.36	7.45
01/05/24	Jarden Securities Limited	-	-	-
11/04/23	Jarden Securities Limited and Harbo	13,557,572	10.59	9.50
25/07/22	China Resources Ng Fung Limited	-	15.38	-
25/03/20	Salt Funds Management Limited	6,888,952	5.01	4.87
15/06/18	Jarden Partners Limited.	13,197,589	8.24	9.37
29/03/16	Guardians of New Zealand Superannua	-	18.05	-
29/03/16	Direct Capital Investment Limited	3,723,978	18.05	2.66
23/03/16	Westpac Banking Corporation	6,720,354	5.49	4.81

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
30/04/25	Stephen Brent Kennelly	193,971	-	-	-
30/04/25	Andrew James Borland	1,108,660	-	-	-
30/04/25	Geoffrey David Smith	62,632	-	-	-
29/10/24	Miranda Burdon	95,000	-	-	-
07/06/24	Michael Carl Petersen	20,000	-	-	-
24/08/23	Anthony David Batterton	83,891	-	-	-
29/03/23	Nicholas John Harris	250,000	-	-	-
15/03/19	Kent Robert Ritchie	280,060	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	44.3	31.3	19.5	603.0	83.6	105.2
high	44.3	31.3	19.5	603.0	83.6	105.2
low	44.3	31.3	19.5	603.0	83.6	105.2
sample	1	0	1	1	1	1	1

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: 04/09/2025