Skellerup Holdings Limited

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 Full Year Results, released on 20 August 2026:

Skellerup delivers record earnings driven by international market growth

Revenue growth in international markets delivered an outstanding year for Skellerup, generating record normalised net profit after tax (NPAT) of $64.2 million, an 18 per cent increase over the prior year.

Highlights for the year ended 30 June 2026

• Revenue of $390.1 million, up 10% on the prior comparative period (pcp)

• Earnings before interest and tax (EBIT) of $94.1 million including a non-recurring gain of $4.8 million principally arising from insurance proceeds for damaged equipment. Normalised EBIT excluding this non-recurring gain was $89.3 million – a record result, up 14% on the pcp. o Industrial Division EBIT of $56.6 million – a record result, up 17% on the pcp. o Agri Division EBIT of $39.6 million – a record result, up 12% on the pcp.

• NPAT of $67.7 million including the post-tax non-recurring gain of $3.5 million. Normalised NPAT excluding this non-recurring gain was $64.2 million – a record result, up 18% on the pcp

• Operating cash flow of $83.6 million, up 26% on the pcp.

• Net debt of $2.0 million, down $10.4 million on the pcp and less than 1% of total assets.

• Final dividend of 20.0 cents per share (cps) (40% imputed), bringing the total FY26 dividend to 30.0 cps (40% imputed) for the full year, up 18% on the pcp.

Group

CEO Graham Leaming said he was pleased to report an exceptional result reflecting contributions from both the Industrial and Agri Divisions.

“The important part our products play in agri and industrial applications across the world, the strength of our business model and our people was very evident in FY26. We were able to overcome significant sourcing challenges arising from the conflict in the Middle East and the impact of fluctuating tariffs. FY26 normalised EBIT of $89.3 million was an increase of 14 per cent over the pcp and the tenth successive year of EBIT growth.”