Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More
 

Scales Corporation Ltd - Latest News [Page 1]

Scales Corporation Delivers Strong Result During Global Pandemic

Wednesday, 26 August 2020, 10:19 am | Scales Corporation Ltd

Highlights – 6 months to 30 June 2020 (1H20) Privileged that all divisions were deemed essential businesses throughout the lockdown alert levels. Continued to run the business across all sites during times of peak harvest and production. Underlying ... More >>

Scales’ New Zealand-based Business Units Will Remain Operational

Wednesday, 25 March 2020, 9:38 am | Scales Corporation Ltd

Andy Borland, Managing Director of Scales Corporation, has confirmed Scales’ New Zealand-based business units will remain operational following the Government announcement on 23 March to raise the Covid–19 alert level to three, with a further increase ... More >>

Scales Corporation Delivers Record Profit Result And Continuing Positive Momentum

Wednesday, 26 February 2020, 10:15 am | Scales Corporation Ltd

Highlights – 12 months to 31 December 2019 Group FY2019 financial results: o Record Group Revenues from Continuing Businesses [1] of $484.6 million, 20 per cent above FY2018. o Profit for the year of $121.6 million (FY2018: $45.5 million) supported ... More >>

Scales Corporation Delivers Record Interim Result

Wednesday, 28 August 2019, 9:10 am | Scales Corporation Ltd

Diversified agribusiness group Scales Corporation Limited (NZX:SCL) today reported its results for the six months ended 30 June 2019 (1H19). Net profit after tax (NPAT) for the Group was $121.8 million (1H18: $34.8 million). The record profit result ... More >>

Scales Corporation Confirms Final Dividend for 2018 And 2019

Monday, 20 May 2019, 9:47 am | Scales Corporation Ltd

The Directors of Scales Corporation Limited (NZX:SCL) have declared a fully imputed final cash dividend for the 2018 Financial Year of 9.5 cents per share, to be paid on 5 July 2019. More >>

Scales Corporation Enters into Petfood Joint Venture

Thursday, 7 March 2019, 7:50 pm | Scales Corporation Ltd

Scales Corporation Enters into Petfood Joint Venture with Alliance Group Diversified agribusiness Scales Corporation Limited (NZX:SCL) today announced an agreement to enter into a petfood Joint Venture (JV) with Alliance Group Limited (Alliance). Under ... More >>

Scales Corporation Delivers Strong Profit Result

Wednesday, 27 February 2019, 9:39 am | Scales Corporation Ltd

Scales Corporation chairman Tim Goodacre says: “2018 was another solid year for Scales with a number of new initiatives progressed. The company made significant progress against its Strategy Refresh, with the conditional sale of Polarcold and ... More >>

Scales Corporation Acquires 60% of US Petfood Company

Friday, 14 December 2018, 4:14 pm | Scales Corporation Ltd

Scales Corporation Acquires 60% of US Petfood Ingredients Manufacturer Shelby JV LLC For US$23.2M Diversified agribusiness Scales Corporation Limited (NZX:SCL) today announced an agreement to extend its existing petfood ingredients business Meateor ... More >>

Scales Corporation deliver strong first half results

Tuesday, 28 August 2018, 9:46 am | Scales Corporation Ltd

Scales Corporation Limited (NZX:SCL) today reported its results for the six months ended 30 June 2018 (1H18). Net profit after tax for the Group was $34.8 million, an increase of 22 per cent on the previous half year, ended 30 June 2017 (1H17) (restated). ... More >>

Scales Corporation Sells Coldstore Operations for $151.4m

Wednesday, 9 May 2018, 6:24 pm | Scales Corporation Ltd

Scales Corporation Sells Coldstore Operations for $151.4 Million Diversified agribusiness Scales Corporation Limited (NZX:SCL) today announced an agreement to sell its coldstorage businesses, Polarcold Stores Limited and Whakatu Coldstores Limited (which were merged ... More >>

Scales Corporation Reaffirms Full Year Earnings Guidance

Thursday, 24 August 2017, 10:17 am | Scales Corporation Ltd

Scales Corporation Limited (NZX:SCL) today reaffirmed full year EBITDA guidance of between $55 million and $62 million after reporting its half year results for the six months to 30 June 2017 ( 1H17 ). More >>

Scales Corporation Delivers Record Underlying Profit

Tuesday, 28 February 2017, 11:47 am | Scales Corporation Ltd

• FY2016 financial results set new Group record: o Net Profit for the Year of $38.2 million, 6 per cent above FY2015 (Restated). o Underlying Net Profit[1] of $38.6 million, 11 per cent above FY2015 (Restated). o Underlying EBITDA[2] of $67.9 million, ... More >>

Scales Corporation Upgrades 2016 Earnings Guidance

Tuesday, 6 December 2016, 11:03 am | Scales Corporation Ltd

The directors of Scales Corporation Limited (NZX:SCL) have raised EBITDA guidance for the twelve months to 31 December 2016 to between $66 million and $69 million, an increase over the 2015 financial year underlying EBITDA of between 7.5 and 12.4 ... More >>

Scales Corporation Announces Acquisition of Longview NZ

Thursday, 3 November 2016, 11:43 am | Scales Corporation Ltd

Scales Corporation Limited (NZX:SCL) today announced that it has entered into an agreement, through its wholly owned subsidiary Mr Apple New Zealand Limited ( Mr Apple ) to acquire 100% of the shares in Longview Group Holdings Limited ( Longview ... More >>

Scales Corporation Lifts Half Year After Tax Profit

Thursday, 25 August 2016, 12:07 pm | Scales Corporation Ltd

Scales Corporation Lifts Half Year After Tax Profit, Upgrades Full Year Earnings Guidance Scales Corporation Limited (NZX:SCL) today reported a net profit after tax of $33.8 million for the half year ended 30 June 2016 ( 1H16 ), up 3 per cent on ... More >>

Scales Opens New Auckland Coldstore

Wednesday, 9 December 2015, 9:40 am | Scales Corporation Ltd

Scales Corporation Limited yesterday celebrated the opening of its subsidiary Polarcold’s 11,800 sq.m. coldstore facility on Ports of Auckland's South Auckland Freight Hub. More >>

Scales Opens New Auckland Coldstore

Tuesday, 8 December 2015, 5:26 pm | Scales Corporation Ltd

Scales Corporation Limited has today celebrated the opening of its subsidiary Polarcold’s 11,800 sq.m. coldstore facility on Ports of Auckland's South Auckland Freight Hub. More >>

Scales Corporation lists on the NZX Main Board

Friday, 25 July 2014, 1:56 pm | Scales Corporation Ltd

Shares in leading New Zealand agribusiness group Scales Corporation began trading on the NZX Main Board today following the successful IPO that raised $149 million through the sale of new and existing shares. More >>

Scales Signals Intention to List

Tuesday, 3 June 2014, 9:39 am | Scales Corporation Ltd

Scales Signals Intention to List The directors of Christchurch-based Scales Corporation have announced the company is considering an initial public offering and a listing on the NZX Main Board. Scales is currently 84 per cent owned by private equity investor ... More >>

Revenue Boost Drives Strong Scales Performance

Tuesday, 6 May 2014, 9:42 am | Scales Corporation Ltd

Apple volumes and prices yield 50% profit growth Christchurch-based Scales Corporation , the agribusiness group with operations in horticulture, storage and logistics and food ingredients, has increased its after tax profit by 50 per cent to $20.4 million ... More >>

 

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.