Scott Technology Limited Ordinary Shares
SCT.NZXIndustrials
The shares were listed in July 1997 following an "in specie" share distribution to shareholders of formerly listed Donaghys. It is a high technology engineering company, which specialises in the design and build of automated lines for the international appliance industry. Virtually all sales are from exports, with principal markets in the USA, Central and South America, Europe, and Australia, with recent successes also in China, Mexico and Canada. Recent developments have been an alliance with high technology engineering group Modular Automation of the UK (1999), which strengthens the company's marketing and after sales services in Europe, formation of Dunedin-based Scott Automation (2001) to focus on local non-appliance industries, a partnership with KUKU Robotics of Germany (2001), which was designed to assist with developing applications of automation for industry outside of appliances, and acquisition of CBS Engineering Ltd, an Auckland based automation and materials handling company (2002). In 2003 the company established a representative office in Shanghai. In 2006 it sold its Auckland division, Package Handling Systems. SCT announced on 26 May 2008 that it had completed the acquisition of Auckland based manufacturer, Rocklabs Ltd. The remaining conditions of sale are expected to be satisfied in June. Rocklabs makes mechanised and automated sample preparation equipment and supplies gold reference materials to the mining industry.
Market Data
$2.490
+0.0%$211.4M
14.4x
$0.172
3.66%
+0.4%
Latest Earnings
Resignation of Chief Financial Officer
21 May 2026
Scott Technology Limited (NZX:SCT) has announced the resignation of CFO Mark O'Malley, effective 3 July 2026, who is departing to pursue another opportunity after approximately three years with the company. This is a personnel/governance announcement and contains no financial results or earnings data. The company has indicated a successor search will commence shortly. Key points: CFO Mark O'Malley acknowledged for significant contributions to financial performance, commercial governance and strategic priorities during his tenure; Orderly transition planned with successor search commencing shortly; CEO Mike Christman provided a positive assessment of O'Malley's contribution during his approximately 3-year tenure
Recent Announcements
SPH Notice - JBS Australia Pty Limited
JBS Australia Pty Limited changed substantial holding from 53.05% to 54.06%.
Ongoing Disclosure Notices
Multiple Scott Technology Limited (SCT) directors disclosed acquisitions of ordinary shares on 21-May-26 through the company's Dividend Reinvestment Plan: Stuart McLauchlan acquired 5,332 shares (holding increased from 443,491 to 448,823), Hugh Eastwood and John Berry each acquired 708,647 shares via JBS Australia Pty Limited (increasing holdings from 45,186,318 to 45,894,965), John Thorman acquired 66 shares (5,459 to 5,525), and Derek Charge acquired 85 shares (5,569 to 5,654).
Capital Change Notice - DRP
Scott Technology Limited issued 796,909 ordinary shares on 21 May 2026 under its Dividend Reinvestment Plan (DRP) at $2.229 per share, representing 0.9387% of the total class, bringing total ordinary shares to 84,892,648.
Resignation of Chief Financial Officer
Scott Technology Limited (NZX:SCT) has announced the resignation of CFO Mark O'Malley, effective 3 July 2026, who is departing to pursue another opportunity after approximately three years with the company. This is a personnel/governance announcement and contains no financial results or earnings data. The company has indicated a successor search will commence shortly. Key points: CFO Mark O'Malley acknowledged for significant contributions to financial performance, commercial governance and strategic priorities during his tenure; Orderly transition planned with successor search commencing shortly; CEO Mike Christman provided a positive assessment of O'Malley's contribution during his approximately 3-year tenure
WorkSafe Update – Dunedin Accident
Scott Technology Limited (NZX: SCT) has been informed by WorkSafe New Zealand of its intention to commence proceedings related to a workplace accident that occurred at the company's Dunedin site in April 2025. The company is cooperating fully with WorkSafe and remains committed to employee safety, declining to comment further on details at this time.
Issue Price for Dividend Reinvestment Plan
Scott Technology Limited has set the Dividend Reinvestment Plan (DRP) issue price at $2.229 per share, calculated from the volume weighted average sale price during 1-5 May 2026 less a 1.0% discount. New shares will be allotted on the dividend payment date of 21 May 2026.
2026 Half Year Announcement
Scott Technology (NZX:SCT) reported HY26 results with EBITDA of $13.0 million (up 7% from HY25), driven by strong performance in Materials Handling (+21% revenue) and Mining (+9%), while executing year one of its Destination 2030 strategy targeting $530 million revenue by FY30. The company declared an interim dividend of 4.0 cents per share (up from 3.0 cents) and noted forward work increased to $177 million, supporting expectations for a stronger second half.
Scott Technology to announce half year results on 15 April
Scott Technology (NZX:SCT) announced it will release its half-year results for HY26 on Wednesday, 15 April 2026, with an investor webcast scheduled for 2:30pm NZDT on the same day.
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