Skellerup Holdings Limited Analysis

Overview

Founded more than 100 years ago, Skellerup maintains its headquarters in New Zealand, with operations in North America, Asia, Europe, Australia and New Zealand.

Skellerup designs, manufactures and sells engineered polymer products and vacuum systems for customers in dairy rubberware, water and related infrastructure, roofing, plumbing, automotive, mining, sporting, health and a range of other applications.

Performance

The following information was extracted from Skellerup Holdings Limited's Half Year results, released on 12 February 2026:

Skellerup announced unaudited net profit after tax (NPAT) of $28.9 million for the six months ended 31 December 2025 – a record result and an increase of 20% on the prior comparative period (pcp). Skellerup also increased NPAT guidance for FY26 to be in the range of $57 to $62 million.

Key points for the six months ending 31 December 2025

• Revenue of $183.5 million, up 11% on the pcp

• Earnings before interest and tax (EBIT) of $40.6 million, a record result and up 16% on the pcp

o Industrial Division EBIT of $25.1 million, up 12% on the pcp

o Agri Division EBIT of $18.5 million, up 20% on the pcp

o Corporate costs of $3.1 million, up 7% on the pcp

• Net profit after tax (NPAT) of $28.9 million, a record result and up 20% on the pcp

• Operating cash flow of $38.8 million, up 20% on the pcp

• Net debt of $17.5 million, a $2.9 million reduction on the prior half year

• Interim dividend of 10.0 cents per share (an increase of 1.0 cps), up 11% on the pcp

• FY26 NPAT guidance increased to be in the range of $57 to $62 million