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Scales Corp

Directory

NZX code:
SCL
Short name:
Scales Corp
Legal name:
Scales Corp Limited
Industry sector: Food
NZX50 rank: [no data]
Head office:
52 Cashel Street, Christchurch Central, Christchurch, 8013
Chairman:
Mike Peterson
Chief executive:
Andy Borland
Financial year ended:
December
Locations: New Zealand
Auditor:
Deloitte
Bankers:
ANZ, Rabobank, Westpac

Scales Corp

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Financial Data

A. Recent trading and performance summary

Total revenue NPAT Earnings per share
mln mln cents
2017 399 32 23
2018 403 46 32
2019 485 122 84
2020 471 27 15
2021 515 37 19
2022 619 38 14
2023 555 25 4
2024 585 50 22
2025 900 118 70

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B. Recent financial position summary

Total assets Total Liabilities Equity ratio
mln mln %
2017 343 121 65
2018 411 161 61
2019 559 200 64
2020 586 208 65
2021 585 195 67
2022 580 189 68
2023 582 197 66
2024 609 227 63

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C. Recent cash flows and positions

Cash inflows Cash outflows Cash and equiv. at year end
mln mln mln
2017 32 33 6
2018 37 36 6
2019 62 50 17
2020 67 38 46
2021 48 61 33
2022 85 53 66
2023 65 65 78
2024 98 122 54
2025 95 86 65

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D. Recent key ratio analysis

Earnings per share Price:Earnings ratio NTA/share Dividend yield
cents annual avg dollars annual avg %
2017 23 14.7 1.5 5.4
2018 32 14.4 1.5 4.0
2019 84 5.6 1.7 4.0
2020 15 32.7 1.8 3.9
2021 19 25.1 1.9 4.0
2022 - - - -
2023 4 87.4 2.3 6.0
2024 20 20.1 2.4 3.7
2025 70 8.5 1.9 4.1

Description of trading activities

Scales corporation is an agribusiness group, with an operation functioning to provide for the New Zealand exporting sector. Through food, ingredients, horticulture, storage, and more. Exporting a large amount of product from New Zealand to international shores.

CEO profile

Andy Borland joined Scales Corporation Ltd. in 2007. Borland came from a financial background with 20-years of experience in the banking industry. Prior to joining Scales Corp Borland was appointed as the Head of Corporate at Westpac New Zealand. Borland’s main role at Scales Corp. is to maintain the direction of the day-to-day operations, direction, and management of Scales Corp.

Chairman profile

Mike Peterson was appointed as a Non-Executive Independent Chair of the Board in 2023. Peterson joined Scales Corp with a wealth of experience with management and governance in the agribusiness sector. Currently Peterson is a Director of ANZCO Foods, and Kelso Genetics Limited, as well as being the Chair of agri-food digital marketplace developers, and Nui Markets Limited. Peterson is well known for advocating New Zealand’s agricultural trade and markets access interests and he identified opportunities for New Zealand to commercialize its agricultural expertise offshore.