Analysts Have Made A Financial Statement On Skellerup Holdings Limited's (NZSE:SKL) Half-Year Report

Skellerup Holdings Limited (NZSE:SKL) came out with its half-yearly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks like the results were a bit of a negative overall. While revenues of NZ$165m were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 3.1% to hit NZ$0.12 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

See our latest analysis for Skellerup Holdings

Taking into account the latest results, the most recent consensus for Skellerup Holdings from twin analysts is for revenues of NZ$346.3m in 2025. If met, it would imply a satisfactory 2.4% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to grow 10% to NZ$0.28. Before this earnings report, the analysts had been forecasting revenues of NZ$349.7m and earnings per share (EPS) of NZ$0.28 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at NZ$5.63.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Skellerup Holdings' revenue growth is expected to slow, with the forecast 4.9% annualised growth rate until the end of 2025 being well below the historical 6.7% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 40% per year. Factoring in the forecast slowdown in growth, it seems obvious that Skellerup Holdings is also expected to grow slower than other industry participants.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Skellerup Holdings' revenue is expected to perform worse than the wider industry. The consensus price target held steady at NZ$5.63, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for Skellerup Holdings going out as far as 2027, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Skellerup Holdings .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.