NZSE:SKLMachinery
Skellerup Holdings (NZSE:SKL) Stock Looks Costly After Record Cash Flow Surge
Skellerup Holdings came into this result with the stock already on a strong run, up about 23% over three months and closing at NZ$7.40 on 21 August. The market had been treating it as a steady industrial compounder. The FY26 numbers now on the table show something punchier. Normalized net profit after tax reached NZ$64.2m with record operating cash flow of NZ$83.6m and a dividend of NZ$0.30 per share, fully backed by earnings. The key contrast today is between a solid rerating and a balance...