Last year FY23 profit $50.9m
They say Skellerup expects FY24 NPAT to be similar to prior year
But they did say a few months ago it would be between $50m and $55m
Hope market doesn’t see latest outlook as a profit downgrade
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Last year FY23 profit $50.9m
They say Skellerup expects FY24 NPAT to be similar to prior year
But they did say a few months ago it would be between $50m and $55m
Hope market doesn’t see latest outlook as a profit downgrade
Wow, very impressed by Mair in this podcast interview. Interesting comments on succession. Thinks there's up to five youngsters 34-39 years old that are good enough to run the business today.
https://omny.fm/shows/shared-lunch/s...ing-and-legacy
What a legend and so glad he is staying on the board. Would love to have a beer with him
In a downward trend - closed at $3.53 on Friday, but traded at a low of $3.35 - lowest level since end of 2020.
Full year NPAT forecast to be similar to last year (no further update since HY 15/2).
Dairy prices forecast to start the season stronger.
Change in the skipper, but past skipper still on the board.
SKL is a quality company and I have been a very happy shareholder for a long time. The market capitalisation of $700m and a forecast net profit after tax of $50m puts SKL on a PE ratio of 14. That could be considered good value for a quality company but is not 'back up the truck' bargain basement levels.
Added a few today, the low NZD gotta benefit these guys over next few years. See how it goes.