Scott Technology has unveiled its five-year strategy, Destination 2030, at its inaugural Investor Day.
The strategy aims to achieve sustainable, profitable growth and targets $530 million in revenue by 2030.
This represents a significant increase from the $276m reported in the 2024 financial year.
The company said it is shifting from an engineering company mindset to a customer-first mindset, with a focus on deep customer partnerships, innovation, and operational discipline.
Scott Technology also provided a trading update, expecting to report record ebitda for the 2025 financial year, with revenue anticipated to be in the range of $270m to $275m.
Recent contract wins in the materials handling and logistics domain, as well as the protein domain, were also highlighted.
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