BUZZ-New Zealand's Scale Corp hits record high on raising FY outlook
Reuters
Oct 15, 2025
BUZZ-New Zealand's Scale Corp hits record high on raising FY outlook
** Scale Corporation SCL.NZ rises as much as 5.1% to record high of NZ$5.99
** Diversified agribusiness group raises FY25 underlying net profit after tax attributable forecast to NZ$54 mln-NZ$59 mln ($30.9 mln-$33.7 mln) from previous forecast of NZ$51 mln-NZ$56 mln
** Co seeing continuing positive performance across group in current year, even as some geopolitical uncertainties remain
** SCL last up 3.2%, bringing YTD gains to 44.8%
($1 = NZ$1.7486)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))
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