Skellerup has announced a record earnings before interest and tax (EBIT) of $72.7 million for the year ending June 30 2024.
This represents a 1% increase over the previous record result.
The industrial division was a key driver of the company's performance, with EBIT of $46.9m, a record result and up 9% on the prior comparative period.
However, the agri division saw a decline in EBIT, which was down 10% to $30.7m.
Skellerup also reported a 31% increase in operating cash flow, reaching a record of $70.8m, and a 43% decrease in net debt.
The company's full-year dividend was raised by 9% to 24 cents per share.
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