Skellerup Holdings Boosts Fiscal 2026 Net Profit After Tax Guidance; Shares Gain 4%
Skellerup Holdings (NZE:SKL) increased its fiscal 2026 net profit after tax guidance to between NZ$64 million and NZ$65 million from a previous range of NZ$57 million to NZ$62 million, according to a Tuesday filing with the New Zealand bourse. Both US market sales and the seasonal peak for sales of dairy consumables in the New Zealand market were higher than expected, CEO Graham Leaming said. The executive added that lower US tariff costs and a weaker New Zealand dollar further contributed to higher-than-expected earnings in the fiscal fourth quarter. The company's shares gained nearly 4% in recent Tuesday trade.
Skellerup Holdings (NZE:SKL) increased its fiscal 2026 net profit after tax guidance to between NZ$64 million and NZ$65 million from a previous range of NZ$57 million to NZ$62 million, according to a Tuesday filing with the New Zealand bourse.
Both US market sales and the seasonal peak for sales of dairy consumables in the New Zealand market were higher than expected, CEO Graham Leaming said.
The executive added that lower US tariff costs and a weaker New Zealand dollar further contributed to higher-than-expected earnings in the fiscal fourth quarter.
The company's shares gained nearly 4% in recent Tuesday trade.