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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Skellerup Holdings
Skellerup Holdings (SKL) investor relations material
Skellerup Holdings AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 summary21 Oct, 2026
Opening remarks and agenda
Hybrid meeting at Eden Park and online; presentations, resolutions and shareholder Q&A followed, with poll voting open for all business items.
Resolutions covered David Cushing’s and Paul Shearer’s re-elections and authorization for Directors to set Ernst & Young’s FY 2027 remuneration.
Financial performance review
FY 2026 revenue was NZD 390.1m, up 10%; normalized EBIT was NZD 89.3m, up 14%, and normalized NPAT was NZD 64.2m, up 18%.
Reported NPAT was NZD 67.7m, including an after-tax non-recurring gain of NZD 3.5m; operating cash flow reached a record NZD 83.6m, up 26%.
Industrial EBIT set a sixth consecutive record at NZD 56.6m, up 17%; Agri EBIT set a second consecutive record at NZD 39.6m, up 12%.
Net debt excluding leases was NZD 2m at year-end, down NZD 10.4m; FY 2026 CapEx was NZD 15.1m, up NZD 5.9m YoY.
Revenue mix: North America 38%, New Zealand 19%, Australia and Europe 12% each; dairy led application mix at 27%, followed by potable water and wastewater at 25%.
Board and executive committee updates
John Strowger is Independent Chair; Graham Leaming became CEO in March 2024 after joining as CFO in 2012. Tim Runnalls became CFO in March 2024; David Mair served as CEO from 2011 to 2024.
Leadership succession from the former Chair and Managing Director to Strowger and Leaming, and Runnalls’ step-up to CFO, was described as successful and seamless.
David Cushing offered himself for re-election and intends to leave the Board in September 2027 after 10 years’ service; the Board plans to identify a successor.
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Latest events from Skellerup Holdings
- Record revenue, earnings, and cash flow driven by global growth and new product launches.SKL
H2 2026 - Record NPAT and EBIT growth drive upgraded FY26 outlook and higher dividend.SKLH1 2026
- Record profit, rising dividends, and U.S. expansion plans drive strong growth.SKLAGM 2025
- Record EBIT and revenue growth, with strong international demand and managed tariff risks.SKLH2 2025
- Skellerup targets growth through innovation, market expansion, and integrated value-add solutions.SKLInvestor Presentation
- Record EBIT, cash flow, and dividend growth highlight strong performance and strategic focus.SKLAGM 2024
- Record EBIT and cash flow, higher dividend, and strong international growth offset Agri weakness.SKLH2 2024
- Record NPAT and EBIT driven by Agri growth; FY25 NPAT guided at $52–$56 million.SKLH1 2025
Next Skellerup Holdings earnings date
H1 202710 Feb, 2027
Skellerup Holdings
Next Skellerup Holdings earnings date
H1 202710 Feb, 2027
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Frequently asked questions
Skellerup Holdings Limited is a New Zealand-based manufacturer specializing in industrial and agricultural rubber products. The company operates through two primary divisions: Agri and Industrial. The Agri division produces rubber liners, tubing, and footwear designed for dairy farming and livestock industries. The Industrial division supplies rubber and polymer products for applications in sectors such as automotive, plumbing, and water management, offering components like gaskets, seals, and hoses. Skellerup’s products support a variety of industrial operations and agricultural processes, emphasizing durability and specialized performance. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.