Scales Corporation Limited Ordinary Shares
SCL.NZXConsumer Staples
Scales Corporation is a diversified agribusiness portfolio. It comprises three operating divisions: Horticulture, Storage & Logistics and Food Ingredients. The company's diverse spread of activities gives Scales broad exposure to New Zealand's agribusiness sector. Scales Corporation was founded in 1897 as a shipping business by George Herbert Scales. The company employs more than 500 staff New Zealand wide.
Market Data
$5.970
-0.0%$868.6M
8.5x
$0.701
3.98%
+0.3%
Recent Announcements
Capital Change Notice
Scales Corporation Limited issued 270,293 ordinary shares on 10 June 2026 upon the exercise of 288,080 Performance Share Rights under its 2023 Grant scheme, representing 0.019% of the total class. The shares were issued for nil cash payment as fully paid ordinary shares ranking equally with existing shares.
FY2025 Final Dividend & Dividend Reinvestment Plan
Scales Corporation Limited (NZX:SCL) declared a FY2025 final dividend of 12.5 cents per share (50% imputed), bringing total FY2025 dividends to 25.0 cents per share, and established a Dividend Reinvestment Plan allowing shareholders to reinvest dividends into new shares at a 2% discount to market price.
Initial Disclosure Notice - Ben Washington
Ben James Washington, Chief Financial Officer of Scales Corporation Limited, made an initial disclosure of relevant interests showing he holds 2,500 ordinary shares (NZX code: SCL) as a registered holder and beneficial owner.
Market Update
Scales Corporation Limited (NZX:SCL) reiterated its FY2026 guidance for Underlying Net Profit after Tax of $50.0-$55.0 million, reporting positive trading across all divisions in the first five months despite challenges including weather impacts on apple picking (4.7m TCEs at 77% packout) and operational disruptions at its European joint venture subsidiary following receivership proceedings.
SPH Notice - Harbour Asset Management Limited
Harbour Asset Management Limited changed substantial holding from 11.468% to 10.404%.
SPH Notice - FirstCape Group Limited
FirstCape Group Limited changed substantial holding from 16.145% to 15.087%.
Ongoing Disclosure Notice - Multiple
Kent Robert Ritchie, CEO of Scales Logistics at Scales Corporation Limited, sold 23,741 ordinary shares (NZX code: SCL) on 12 May 2026 in an on-market sale for $149,541.81, reducing his holding from 167,259 to 143,518 shares.
Ongoing Disclosure Notice - Steve Kennelly
Stephen Brent Kennelly, Chief Financial Officer of Scales Corporation Limited, disclosed the disposal of 70,946 ordinary shares (NZX code: SCL) between 29-30 April 2026 through on-market sales, reducing his holding from 122,186 to 51,158 shares.
Ongoing Disclosure Notices - Multiple
Geoffrey David Smith, CEO of Horticulture & Logistics Divisions at Scales Corporation Limited, acquired 19,540 ordinary shares (NZX code: SCL) on 30 April 2026 through an issue of new shares, increasing his holding from 47,125 to 66,665 shares, with a transaction value of $70,343.00.
Capital Change Notice
Scales Corporation Limited issued 124,406 unquoted Performance Share Rights (PSRs) on 1 May 2026 for nil consideration under its 2026 Grant Performance Share Rights Scheme, which are convertible to ordinary shares upon achievement of performance hurdles by vesting dates in 2028.
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