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NZE:SCT

22 stories mentioning NZE:SCTUpdated 2d ago

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Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.Radius Residential Care (NZE:RAD): +6%, NZ$0.45Synlait Milk (NZE:SML): +5%, NZ$0.40Briscoe Group (NZE:BGP): +3%, NZ$4.40Michael Hill International (NZE:MHJ): +2%, NZ$0.43ANZ Group Holdings (NZE:ANZ): +2%, NZ$45.77Scott Technology (NZE:SCT): +2%, NZ$2.86Winton Land (NZE:WIN): +2%, NZ$1.16The Warehouse Group (NZE:WHS): +2%, NZ$0.65SkyCity Entertainment Group (NZE:SKC): +2%, NZ$0.68Kiwi Property Group (NZE:KPG): +1%, NZ$0.90

^NZ50NZE:ANZNZE:BGPNZE:KPGNZE:MHJNZE:RADNZE:SCTNZE:SKCNZE:SMLNZE:WHSNZE:WIN
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Tuesday.New Zealand King Salmon (NZE:NZK): +2%, NZ$0.24Pacific Edge (NZE:PEB): +2%, NZ$0.25Rua Gold (NZE:RGI): +2%, NZ$1.51Vital Healthcare Property Trust (NZE:VHP): +2%, NZ$1.88SkyCity Entertainment Group (NZE:SKC): +1%, NZ$0.69Sky Network Television (NZE:SKT): +1%, NZ$3.73Henderson Far East Income (NZE:HFL): +1%, NZ$6.12Briscoe Group (NZE:BGP): +1%, NZ$4.50Property for Industry (NZE:PFI): +1%, NZ$2.31Scott Technology (NZE:SCT): +1%, NZ$2.93

^NZ50NZE:BGPNZE:HFLNZE:NZKNZE:PEBNZE:PFINZE:RGINZE:SCTNZE:SKCNZE:SKTNZE:VHP
Asia

NZX Biggest Losers

Here are the NZX-listed companies with the biggest losses on Friday.Santana Minerals (NZE:SMI): -4%, NZ$0.63Rua Gold (NZE:RGI): -4%, NZ$1.46New Zealand King Salmon (NZE:NZK): -2%, NZ$0.23Scott Technology (NZE:SCT): -1%, NZ$2.83Summerset Group (NZE:SUM): -1%, NZ$8.15New Zealand Rural Land (NZE:NZL): -1%, NZ$0.92Contact Energy (NZE:CEN): -1%, NZ$8.74

^NZ50NZE:CENNZE:NZKNZE:NZLNZE:RGINZE:SCTNZE:SMINZE:SUM
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Thursday.Scott Technology (NZE:SCT): +6%, NZ$2.87Santana Minerals (NZE:SMI): +6%, NZ$0.64Comvita (NZE:CVT): +5%, NZ$0.83Stride Stapled Group (NZE:SPG): +5%, NZ$1.14Tourism Holdings (NZE:THL): +2%, NZ$2.85ANZ Group Holdings (NZE:ANZ): +2%, NZ$46.63Scales Corporation (NZE:SCL): +2%, NZ$7.29Tower (NZE:TWR): +1%, NZ$1.92Air New Zealand (NZE:AIR): +1%, NZ$0.38Delegat Group (NZE:DGL): +1%, NZ$4.70

^NZ50NZE:AIRNZE:ANZNZE:CVTNZE:DGLNZE:SCLNZE:SCTNZE:SMINZE:SPGNZE:THLNZE:TWR
Asia

NZX Midday Sector Update: Producer Manufacturing Shares Rise, Consumer Services Decline

Producer manufacturing shares gained the most on New Zealand's Exchange, rising over 3% by midday Wednesday.Shares of Scott Technology (NZE:SCT) were up more than 5% in recent trade.The company on Wednesday said it is set to expand its global BladeStop safety technology as it pursues its Destination 2030 strategy, with the Protein Domain targeting annual revenue of NZ$165 million by fiscal 2030, more than double its NZ$69.4 million fiscal 2025 result.Meanwhile, shares of the consumer services sector fell almost 1%.Millennium & Copthorne Hotels New Zealand (NZE:MCK) was down past 2% in recent trade.

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Asia

Scott Technology Expands BladeStop Under 2030 Growth Plan

Scott Technology (NZE:SCT) is set to expand its global BladeStop safety technology as it pursues its Destination 2030 strategy, with the Protein Domain targeting annual revenue of NZ$165 million by fiscal 2030, more than double its NZ$69.4 million fiscal 2025 result, according to a Wednesday filing with the New Zealand bourse.The strategy focuses on expanding BladeStop into new markets and geographies, increasing recurring revenue through services, parts and software, and scaling its global supply chain, per the filing.The company has appointed AERSA as its authorized distributor in Mexico, marking an early milestone in gaining access to the country's food and protein-processing sectors, the filing said.The company is also enhancing BladeStop Connect's software capabilities and forecasts record fiscal 2026 group revenue of NZ$290 million to NZ$296 million and operating earnings before interest, taxes, depreciation, and amortization of NZ$34 million to NZ$36 million, the filing added.

NZE:SCT
Asia

Scott Technology's Rocklabs AMS Crusher Exceeds Throughput Target by 30%

Scott Technology's (NZE:SCT) Rocklabs Automated Modular Solution (AMS) crusher cell has surpassed its original throughput requirement by more than 30%, processing 25 samples per hour during site acceptance testing, equivalent to up to 600 samples over 24 hours, according to a Tuesday filing with the New Zealand bourse.The milestone validates the system's performance and marks the company's first large-scale commercial minerals laboratory deployment, supporting advanced technologies such as PhotonAssay, per the filing.The company sees the achievement as a key step in expanding Rocklabs automation globally and reaffirms its fiscal 2030 targets of NZ$530 million in revenue and a 14% earnings before interest, tax, depreciation and amortization margin, the filing added.

NZE:SCT
Asia

Scott Technology Secures NZ$20 Million in Materials Handling, Logistics Contracts

Scott Technology (NZE:SCT) has secured about NZ$20 million in materials handling and logistics contracts across North America and Europe, supporting its Destination 2030 growth strategy, according to a Tuesday filing with the New Zealand bourse.The contracts include a major end-of-line automation project in North America's frozen potato processing sector, an extension project for a leading Belgian snack food producer, and an expansion of an existing installation for a major fresh produce company in the Netherlands, per the filing.The deals strengthen the company's position across key fast-moving consumer goods sectors, expand its installed base, and create additional opportunities for Lifecycle Services, the filing said.Revenue from these contracts is expected to be recognized primarily in fiscal 2027 and beyond, supporting the company's Destination 2030 strategy of achieving NZ$530 million in annual revenue and a 14% earnings before interest, taxes, depreciation, and amortization margin by 2030, the filing added.

NZE:SCT
Asia

New Zealand Shares Fall; Scott Technology Expects Record Fiscal 2026 Results

New Zealand shares ended lower on Wednesday while Asian markets moved mostly upwards, helped by a rally in tech stocks.The S&P/NZX 50 Index fell 0.89%% or 123 points to close at 13,737.66.On Tuesday, the S&P 500 and Dow Jones fell 0.3% while the Nasdaq lost 0.6%.New Zealand Prime Minister Christopher Luxon survived a confidence vote among National Party lawmakers on Wednesday, though the second internal challenge this year exposed deep party divisions that analysts said could undermine his authority ahead of the Nov. 7 election, according to a Wednesday Reuters report.In corporate news, Scott Technology (NZE:SCT) expects to post a record financial result for fiscal 2026, forecasting revenue of NZ$290 million to NZ$296 million and operating earnings before interest, taxes, depreciation, and amortization of NZ$34 million to NZ$36 million, up from NZ$275 million and NZ$31.5 million, respectively.Napier Port Holdings (NZE:NPH) logged NZ$0.15 in earnings per share for the nine months ended June 30, compared with NZ$0.14 a year ago.

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Asia

NZX Midday Sector Update: Producer Manufacturing Shares Rise, Commercial Services Decline

Producer manufacturing shares gained the most on New Zealand's Exchange, rising 1% by midday Friday.Shares of Scott Technology (NZE:SCT) were up 8% in recent trade.The company on Tuesday said it expects to post a record financial result for fiscal 2026, forecasting revenue of NZ$290 million to NZ$296 million and operating earnings before interest, taxes, depreciation, and amortization of NZ$34 million to NZ$36 million, up from NZ$275 million and NZ$31.5 million, respectively, a year earlier.Meanwhile, shares of the commercial services sector fell almost 2%.Livestock Improvement (NZE:LIC) was down past 4% in recent trade.

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Asia

Scott Technology Expects Record Fiscal 2026 Results

Scott Technology (NZE:SCT) expects to post a record financial result for fiscal 2026, forecasting revenue of NZ$290 million to NZ$296 million and operating earnings before interest, taxes, depreciation, and amortization of NZ$34 million to NZ$36 million, up from NZ$275 million and NZ$31.5 million, respectively, a year earlier, according to a Wednesday filing with the New Zealand bourse."The guidance represents a record financial performance for Scott Technology and reflects the progress made over the past year in building the foundations required to achieve its Destination 2030 target of NZ$530 million in revenue by 2030," said Chief Executive Mike Christman.

NZE:SCT
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Thursday.Santana Minerals (NZE:SMI): +5%, NZ$0.70Serko (NZE:SKO): +4%, NZ$1.66Pacific Edge (NZE:PEB): +4%, NZ$0.28New Zealand King Salmon (NZE:NZK): +3%, NZ$0.24PGG Wrightson (NZE:PGW): +2%, NZ$2.30Scales Corporation (NZE:SCL): +2%, NZ$6.78Scott Technology (NZE:SCT): +2%, NZ$2.59Precinct Properties NZ (NZE:PCT): +2%, NZ$1.05Contact Energy (NZE:CEN): +1%, NZ$9.19Spark New Zealand (NZE:SPK): +1%, NZ$1.99

^NZ50NZE:CENNZE:NZKNZE:PCTNZE:PEBNZE:PGWNZE:SCLNZE:SCTNZE:SKONZE:SMINZE:SPK
Asia

New Zealand Shares Rise; Scott Technology Appoints Interim Co-CFOs

New Zealand shares rose on Friday as Asian markets saw a broad-based rally after US jobs data.The S&P/NZX 50 Index rose 0.27% or 36.23 points to close at 13,618.42.On Thursday, the Dow Jones added 1.1% while the Nasdaq Composite fell 0.8% and the S&P 500 closed flat.US markets will be closed on Friday in observance of the country's 250th Independence Day holiday, which falls on a Saturday this year.The US economy added 57,000 nonfarm jobs in June, representing the weakest tally since February, official data showed Thursday. The unemployment rate eased to 4.2% from 4.3%, matching projections.In domestic news, consumer confidence in New Zealand gained spirit in June, returning to levels seen in March but still below its January peak, ANZ Research said.In corporate news, Scott Technology (NZE:SCT) appointed Anthony Wesney and Scott Hawkins as interim co-chief financial officers, effective July 6.Santana Minerals (ASX:SMI, NZE:SMI) filed a memorandum with New Zealand's Environmental Protection Authority requesting that the processing of the Bendigo-Ophir gold project's fast-track approvals application be resumed on Aug. 17.

^NZ50ASX:SMINZE:SCTNZE:SMI
Asia

Scott Technology Appoints Interim Co-CFOs

Scott Technology (NZE:SCT) appointed Anthony Wesney and Scott Hawkins as interim co-chief financial officers, effective July 6, according to a Friday filing with the New Zealand bourse.

NZE:SCT
Asia

New Zealand Shares Rise; Meridian Energy Secures 35-Year Extension for Waitaki Power Scheme

New Zealand shares ended higher on Tuesday as Asian markets followed Wall Street's Monday rally, aided by confirmation of the US-Iran peace deal.The S&P/NZX 50 Index rose 0.49%, or 65.54 points, to close at 13,426.13.On Monday, the Nasdaq Composite gained 3.1%, the S&P 500 added 1.7%, and the Dow Jones rose 0.9%.In domestic news, the number of transport motor vehicle registrations in New Zealand in May, licensed for 12 months, fell to 3.8 million from nearly 3.9 million in the same period last year, according to figures released by Stats NZ.Also, petrol and diesel prices in New Zealand decreased by 3.8% and 11.4%, respectively, in May compared with the previous month, according to a Stats NZ selected price indexes report.Further, New Zealand's gross domestic product (GDP) is forecasted to have grown by 0.7% quarter-over-quarter and 1% year-over-year in the March quarter, below the Reserve Bank of New Zealand's 1% quarter-over-quarter expectation, and slightly below consensus at 0.8% quarter-over-quarter, BofA Securities said.Meanwhile, the New Zealand selected price indexes for May came in broadly as expected, reinforcing the downside risks to the June quarter consumer price index (CPI) forecast, ANZ Research said.In corporate news, Scott Technology (NZE:SCT) won a contract to supply an automated modular crush cell system to an unnamed testing, inspection, and certification provider.Meridian Energy (ASX:MEZ, NZE:MEL) secured approval by the Environment Court to continue operating the Waitaki Power Scheme for a further 35 years.

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Asia

Scott Technology Secures Contract to Provide Automated Modular Crush Cell System

Scott Technology (NZE:SCT) won a contract to supply an automated modular crush cell system to an unnamed testing, inspection, and certification provider, according to a Tuesday filing with the New Zealand bourse.The contract represents the first deployment of the new technology into a large-scale commercial minerals laboratory, and extends Scott's Rocklabs Automated Modular Solution platform beyond on-site mine applications, per the filing.The system, which will support upstream sample preparation workflows for minerals testing technologies, is expected to be delivered in fiscal 2026 with potential future expansion based on operational performance, the company said.Financial terms were not disclosed.

NZE:SCT
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.a2 Milk Company (NZE:ATM): +11%, NZ$7.29Santana Minerals (NZE:SMI): +6%, NZ$0.67Scott Technology (NZE:SCT): +3%, NZ$2.82Heartland Group Holdings (NZE:HGH): +3%, NZ$1.23Fletcher Building (NZE:FBU): +3%, NZ$3.19EBOS Group (NZE:EBO): +3%, NZ$21.25Ryman Healthcare (NZE:RYM): +3%, NZ$2.33Spark New Zealand (NZE:SPK): +3%, NZ$1.95Mercury NZ (NZE:MCY): +2%, NZ$6.92Sky Network Television (NZE:SKT): +2%, NZ$3.18

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Asia

New Zealand Shares Rise; Downer EDI Buys Back Nearly 168,000 Ordinary Shares

New Zealand shares ended higher on Friday as Asian markets saw gains amid hopes for an end to the US-Iran conflict.The S&P/NZX 50 Index rose 0.88% or 113.24 points to close at 12,991.31.While the US and Iran stuck to their opposing stances over Iran's uranium stockpile and the control of the Strait of Hormuz, US Secretary of ​State Marco Rubio said there had been "some good signs" in negotiations with Iran, according to a Thursday Reuters report.In domestic news, the total volume of seasonally adjusted retail sales in New Zealand reached NZ$26.04 billion in the March quarter, up 0.9% from NZ$25.81 billion in the December 2025 quarter, according to data from Stats NZ.Also, New Zealand's retail sales data for the March quarter is indicative of "decent growth" in gross domestic product for the period, but likely not as strong as the central bank's 1.1% estimate issued in February, the Bank of New Zealand (BNZ) said in a report.Further, New Zealand's total vehicle registrations were 4.6 million in April, a decrease of 28,966 from the previous month, covering both six and 12-month licensing periods, data from Stats NZ showed.In corporate news, Scott Technology (NZE:SCT) said that Chief Financial Officer Mark O'Malley is set to resign effective July 3.Downer EDI (ASX:DOW, NZE:DOW) repurchased 167,787 ordinary shares on Thursday for AU$1.3 million in total as part of an on-market buyback.

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Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.a2 Milk Company (NZE:ATM): +3%, NZ$7.08Summerset Group Holdings (NZE:SUM): +2%, NZ$7.48Delegat Group (NZE:DGL): +2%, NZ$3.80EBOS Group (NZE:EBO): +2%, NZ$20.67PGG Wrightson (NZE:PGW): +1%, NZ$2.15Genesis Energy (NZE:GNE): +1%, NZ$2.44Sky Network Television (NZE:SKT): +1%, NZ$3.12Auckland International Airport (NZE:AIA): +1%, NZ$8.08Mainfreight (NZE:MFT): +1%, NZ$56.05Scott Technology (NZE:SCT): +0%, NZ$2.34

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Asia

New Zealand Shares Rise; Scott Technology CFO to Resign

New Zealand shares ended higher on Thursday as Asian markets saw gains after Nvidia results beat estimates and some vessels finally passed through the Strait of Hormuz.The S&P/NZX 50 Index rose 0.92% or 117.04 points to close at 12,878.07.Three supertankers were crossing the Strait of Hormuz on Wednesday, via a transit route that Iran has ordered ships to use, Reuters reported on Wednesday, citing shipping data on LSEG and Kpler.NVIDIA reported fiscal first-quarter revenue above Wall Street's estimates as data center sales outperformed expectations amid an artificial intelligence boom.In domestic news, New Zealand recorded a goods trade surplus of NZ$1.92 billion in April, compared with a surplus of NZ$430.2 million in March, Stats NZ data showed.Further, credit card spending in New Zealand decreased by 0.3% month on month to NZ$4.28 billion in April after a 0.7% increase in the previous month, while credit card balances fell 1.1% to NZ$5.96 billion in April, data from the Reserve Bank of New Zealand showed.Also, New Zealand businesses' annual inflation expectations rose for the short term but eased over the longer horizon, according to a survey published by the Reserve Bank of New Zealand.In corporate news, Scott Technology (NZE:SCT) said that Chief Financial Officer Mark O'Malley decided to resign effective July 3.TruScreen Group (NZE:TRU, ASX:TRU) on Thursday launched a capital raise of about NZ$2.9 million.

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