Skellerup expects lower hit from tariffs
After initially forecasting a $5m tariff hit for FY26, the company now expects it will be closer to $2.5m.
NZX-listed industrial and agricultural components manufacturer Skellerup expects a smaller hit from US trade tariffs than first thought, due to tighter cost management, pricing increases and stockpiling inventory.
The company is best known for its Red Band gumboots, but also makes several
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