Net profit: Up 12% to $24.2m – a record for the company.
Revenue: Increased 5% to $165.3m.
Key takeaway: The company is mulling its longer-term response to US trade tariffs on China, which could see it shift manufacturing to Vietnam.
NZX-listed agricultural and industrial product maker Skellerup is considering shifting manufacturing away from China in FY26 in response to US trade tariffs but admits it is in no “mad rush” to make a decision.
The company is perhaps best known for its Red Band gumboots, but also makes a number
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