Scott Technology has posted a record earnings before interest, taxes, depreciation, and amortization (ebitda) result of $31.5 million for the 2025 financial year, driven by a strong second-half performance and a focus on higher margin contracts.
Group revenue was $275m, compared to $276m the previous year and highlighted the momentum built in the second half as it was down 14% at the half-year.
That was supported by multiple contract wins across the group and improved sales for standard products and recurring revenue streams, the company said in a statement to the NZX.
Net profit after tax was up 84% from $7.7m to $14.2m while operating cash flow improved to $22.3m compared with $6m in the 2024 financial year.
Directors declared a final dividend of $0.05 per share (unimputed), taking the full-year dividend to $0.08 per share.
Chief executive Mike Christman said Scott’s ‘‘Destination 2030’’ strategy, introduced during the year, provided a long-term blueprint for sustainable profitable growth, targeting revenue of $530m by 2030.
Over the coming year, Scott expected revenue growth and continued earnings leverage.
However, it remained cautious with the macro-volatility that persisted and any impact that might have on customers’ investment plans over the next 12 months. — Allied Media
