Scott Technology Limited
Scott Technology Limited Analysis
Overview
Scott delivers smart automation and robotic solutions that transform industries by making businesses safer, more productive and more efficient. With design and build operations across New Zealand, Australia, China, Europe and the Americas, and more than 100 years of engineering excellence, Scott is a global automation specialist serving the materials handling & logistics, food processing, appliance manufacturing and mining industries.
In 2025, Scott unveiled its five-year Destination 2030 strategy, setting out a pathway for sustainable, profitable growth - targeting NZ$530 million in annual revenue by 2030, up from NZ$276 million in FY24
Performance
The following information was extracted from Scott Technology Limited's full year results, released on 22 October 2026:
AUCKLAND, New Zealand, [22 October 2026] – Scott Technology Limited (NZX: SCT), the global automation and robotics company, today reported record FY26 revenue of $294.1 million, + 7% YoY and record operating EBITDA of $36.1 million, + 14% YoY, with earnings growth ahead of revenue. Growth was led by Mining and Materials Handling & Logistics, while increased focus on Lifecycle Services lifted Recurring Revenue to $95m, now representing 32.3% of Group revenue.
FY26 was the first full year of Scott’s Destination 2030 growth strategy, as the team put in place the building blocks for future success. The business completed domain market analysis and establishing Key Account Management, Lifecycle Services and Innovation frameworks alongside improved systems capability. With ongoing market activities and embedded capabilities Scott expects FY27 revenue growth of $310–340 million and operating EBITDA growth of $36–41 million.
Momentum was particularly strong in the second half, with EBITDA growth +78% on H1 FY26, which augurs well heading into FY27 and reaffirms the track towards Scott’s ambitious 2030 targets.
“One year into Destination 2030, we have broken through the revenue plateau while making meaningful changes to how Scott operates,” said CEO Mike Christman. “We are getting closer to customers, growing recurring revenue from our installed base and directing innovation towards clearly defined market opportunities. The result is a more customer-led, focused and scalable business.”
Business Highlights
• Revenue: $294.1m, +7% YoY
• Operating EBITDA: $36.1m, up 14% YoY
• NPAT: $15.7m, up from $14.2m
• Recurring Revenue (Lifecycle Services): $95m - 32.3% of Group revenue
• Net margin: 30%, up from 29%
• Operating cash flow: $23.8m
• Net debt: $7.7m, down from $12.3m
• Forward work: $146m
• Dividend: 5 cps final; 9 cps full year
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About Company
Board & Leadership
| Stuart McLauchlan | Chairman |
|---|---|
| Mike Christman | Chief Executive Officer |
| Derek Charge | Independent Director |
| John Thorman | Independent Director |
| Alan Byers | Director |
| Brent Eastwood | Director |
| Jerson Nascimento Jr. | Director |
| Scott Hawkins | CFO / Company Secretary |
| Anthony Wesney | CFO / Company Secretary |
| John Berry | Alternate Director |
Company Summary
| First Listed | 21st Jul 1997 |
|---|---|
| Primary Listing Venue | NZ |
| Solicitor | Gallaway Cook Allan |
| Auditor | Deloitte, Dunedin |
| Share Registry | MUFG Pension & Market Services |
| End of Financial Year | August |