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Scales Corporation (SCL) investor relations material
Scales Corporation H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary24 Aug, 2025
Executive summary
Delivered a strong first half for 2025, with financial results ahead of expectations and significant growth in underlying EBITDA and NPAT, driven by all divisions, especially horticulture and logistics.
Upgraded full-year FY25 earnings guidance, reflecting confidence in ongoing performance and strategic initiatives.
Net profit for the six months ended 30 June 2025 was $57.6m, up from $38.1m in 2024, with total comprehensive income of $89.5m.
Recovery from Cyclone Gabrielle is complete, and strategic investments, including the Bostock acquisition, are yielding results.
Revenue increased to $371.9m, a 17% rise year-over-year, driven by strong performance in Horticulture and Logistics.
Financial highlights
Underlying EBITDA reached $86.7m, up 43% year-over-year; reported EBITDA was $87.8m.
Underlying NPAT was $56.9m, up 48%; NPAT attributable to shareholders rose 72% to $48.9m.
Net profit for the period was $57.6m, with earnings per share at 34.1 cents basic.
Net debt decreased to $67.5m as of 30 June 2025, down from $81.9m a year earlier.
Sale of orchards and coolstore contributed to improved financial position.
Outlook and guidance
FY25 underlying NPAT attributable to shareholders now expected between $45m and $50m; underlying EBITDA guidance is $103m–$110m.
Guidance reflects cautious optimism amid ongoing macro and geopolitical risks, especially tariffs and global trade challenges.
Divisional strategies are expected to drive further earnings diversification and increased dividends.
Growth in 2026 and 2027 anticipated from new plant capacity and ongoing project execution.
The business remains subject to seasonal fluctuations, particularly in Horticulture and Global Proteins.
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Next Scales Corporation earnings date
H2 202524 Feb, 2026
Next Scales Corporation earnings date
H2 202524 Feb, 2026
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Frequently asked questions
Scales Corporation Limited is a New Zealand-based agribusiness company engaged in a diverse range of operations across horticulture, food ingredients, and logistics. Its horticulture segment primarily focuses on growing, packing, and exporting apples, with a strong presence in international markets. The food ingredients division supplies pet food ingredients and various by-products, while the logistics segment offers cold storage and freight forwarding services, supporting the supply chain for perishable goods. The company is headquartered in Christchurch, New Zealand, and its shares are listed on the New Zealand Stock Exchange.
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