Scales Corporation Ltd - Latest News [Page 1]

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 >>

Scales Corporation welcomes BayWa shareholding

Wednesday, 7 March 2012, 5:22 pm | Scales Corporation Ltd

Scales Corporation Limited (Scales) welcomes German based BayWa Aktiengesellschaft (BayWa) into the majority shareholding of Turners and Growers Limited (T&G). More >>

 

 

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