New Zealand's Scott Technology FY26 revenue rises on mining segment strength
New Zealand's Scott Technology FY26 revenue rises on mining segment strength
Overview
New Zealand automation and robotics firm's FY26 revenue rose 7% to record high
Operating EBITDA for FY26 grew 14% year-over-year
Growth driven by Mining and Materials Handling & Logistics segments
Outlook
Scott expects FY27 revenue of NZ$310-340 mln
Company sees FY27 operating EBITDA of NZ$36-41 mln
Destination 2030 targets NZ$530 mln in group revenue by FY30
Result Drivers
MINING EQUIPMENT DEMAND – Mining revenue rose 22% to NZ$62.3 mln, driven by Rocklabs standard-equipment sales and continued mining investment
LIFECYCLE SERVICES – An expanding installed base and lifecycle-services focus lifted recurring revenue 9% to NZ$95 mln, or 32.3% of Group revenue
MARGIN EXPANSION – Net margin rose to 30% on higher-margin Mining and service mix, improved project execution, modular solutions and cost control
Company press release: ID:nNZS3B2va
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue |
| NZ$294.10 mln |
|
FY Net Income |
| NZ$15.70 mln |
|
FY EBITDA |
| NZ$36.10 mln |
|
Analyst Coverage
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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