Skellerup forecasts record profit in FY21

Speaking ahead of today's Annual Shareholders' Meeting, Chair Liz Coutts said she expects Skellerup to deliver a strong increase in earnings in FY21. Ms Coutts said "Our businesses have started the financial year well. While we have uncertain global conditions ahead, we expect FY21 NPAT to be in the range of $30 to $35 million, ahead of the FY20 result of $29.1 million. Our strategy of working closely with customers to provide engineered products that assure performance and often meet demanding food or water regulations continues to generate sustainable earnings growth." For further information please contact: David Mair Chief Executive Officer 021 708 021 Graham Leaming Chief Financial Officer 021 271 9206 End CA:00362244 For:SKL Type:MKTUPDTE Time:2020-10-29 12:57:11