ERJ staff report (DS)
Auckland, New Zealand - Skellerup Industries has announced a record net profit after tax (NPAT) of NZ$11.5million (euro 7.2 million) for the six
months ended 31 December 2011, compared with $9.8m for the half-year to December
2010, an increase of 17.2 percent on the pcp.
Group revenues increased by 6.9 percent to NZ$ 103 million (euro 64.5 million) from NZ$ 96.3 million.
The Chief Executive Officer, David Mair, said Skellerup had been repositioned so that it can
grow earnings even with relatively flat sales and increasing competition.
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Press release from Skellerup