2021 Annual Results announcement - NZX, New Zealand’s Exchange
[FONT="]Diversified agribusiness group Scales Corporation Limited (NZX:SCL) today reported its FY2021 full year results. Profit for the Year was $36.9 million (FY2020: $26.6 million). Earnings per share for FY2021 were 19.1 cents per share (FY2020: 15.0 cents per share).[/FONT]
[FONT="]• Group FY2021 financial results:
o Revenue of $514.6 million, up 9 per cent (FY2020: $470.7 million)
o Reported NPAT of $36.9 million, up 39 per cent (FY2020: $26.6 million)
o Underlying NPAT attributable to shareholders of $29.7m, up 8 per cent (FY2020: $27.5m)
o Underlying NPAT of $39.8 million, up 20 per cent (FY2020: $33.0 million)
o Underlying EBITDA of $73.8 million, up 15 per cent (FY2020: $64.1 million)[/FONT]
[FONT="]• Outstanding performance across all divisions:
o Food Ingredients exceeding the EBITDA target for the division
o Horticulture performing strongly in a challenging environment
o Logistics financial performance returning to previous levels[/FONT]
Scales Corporation Chair Tim Goodacre commented: “Once again, the hard work and dedication of the entire Scales team has excelled in what has been another challenging year, with all divisions performing strongly.”