nzherald.co.nz

Skellerup reports record 2026 profit despite tariffs and sourcing issues

Skellerup Holdings logoSkellerup Holdings
Sig2.65Sen+5.40Env0.00Soc0.00Gov0.00

Skellerup posted a record normalised net profit excluding the gain of $64.2m, up 18%, with industrial division EBIT of $55.6m, up 17%. The company said it maintained manufacturing continuity by securing alternative raw-material supplies despite Middle East conflict-related sourcing issues and fluctuating tariffs. Revenue rose, net debt fell to $2m, down $10.4m.

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