Listed Dunedin company Scott Technology has said its full-year result will be a "continuation of the improved trend" seen during its most recent reporting periods.
The assembly line and meat industry robotics manufacturer, which has also acquired a clutch of small niche-market cash-flow positive companies during the past two years, will report its full-year result on October 5.
After a global rout of shares this week, Scott was one of only two companies on the NZX main board yesterday which showed a gain by lunchtime, trading up 3.6% at $1.35.
Last year Scott, which has suffered from a high New Zealand dollar for more than two years, reported an operating profit of $5.5 million, well up on the $390,000 reported in the previous period, while its after-tax profit was nearly $2.8 million, eclipsing the $265,000 reported a year earlier.
