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Scott Tech steadies net profit via meat and materials

Henry Burrell
Thu, 07 Apr 2022

Scott Tech steadies net profit via meat and materials
Scott Technology CEO John Kippenberger has recently visited the US. (Image: supplied)
Henry Burrell
Thu, 07 Apr 2022
NZX-listed Scott Technology has posted half-year results showing 13% revenue growth to $118.4 million. Earnings before interest, tax, depreciation, and amortisation (ebitda) were $12.2m in the six months to Feb 28 2022, which was up $11.2m from H1 2021.The robotics and automation company provides equipment to several industries with 32% of H1 2022 revenue coming from materials handling, 27% from the meat industry, 24% from mining, 9% from appliance systems, and 8% from industrial automation.Materials handling involves automated systems for...

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