Skellerup stock faces FY27 caution after 15% Q1 profit rise
Published on 11/02/2026 at 00:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGuidance sets a cautious FY27 tone
- Skellerup said demand remained strong across most applications, led by its Industrial division.
- Management also warned that geopolitical unrest and rising costs could weigh on demand.
- The company was due to hold its annual shareholders' meeting in Auckland on October 21, 2026.
Skellerup Holdings entered its 2027 financial year with first-quarter net profit after tax up 15 percent from the prior comparative period. In a market update published by BusinessDesk on Wednesday, October 21, 2026, Chair John Strowger said demand remained strong across most applications, particularly in the Industrial division.
FY27 outlook balances growth and caution
Skellerup expects full-year FY27 NPAT to range from NZD 67 million to NZD 72 million. Management said the financial year had started well but cautioned that continued geopolitical unrest and resulting cost increases could affect demand.
The outlook points to continued operating momentum while leaving room for pressure from external costs and uncertain markets. Management said the company would focus on serving existing business and pursuing new product and market opportunities.
Annual meeting set for Auckland
Skellerup's annual shareholders' meeting was scheduled for 2:30 p.m. on October 21, 2026, at Eden Park in Auckland. The meeting provided the setting for the company's initial FY27 guidance.
Skellerup Holdings at a glance
- Company: Skellerup Holdings Limited
- ISIN: NZSKXE0001S8
- Ticker: SKL
- Market: New Zealand Exchange
- FY27 NPAT guidance: NZD 67 million to NZD 72 million
- Q1 FY27 NPAT: Up 15 percent year over year
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