NZ's Skellerup rises to over three-year high after upbeat profit outlook

Skellerup Holdings

11/02/2026 23:07

** Shares of Skellerup SKL.NZ rise 2.9% to NZ$5.73, their highest since November 2022

** Industrial and agricultural rubber products maker expects FY26 NPAT to be in range of NZ$57 mln to NZ$62 mln ($34.48 mln-$37.50 mln), compared with FY25 NPAT of NZ$54.5 mln

** Reports H1 net profit of NZ$28.9 mln, compared to NZ$24.2 mln reported a year ago

** Including session's gains, stock up 9.14% YTD

($1 = 1.6532 New Zealand dollars)

(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))